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Virginia Employment Commission. The Virginia Employment Commission (VEC) is an agency of the Virginia state government that provides benefits and services to unemployed citizens, such as employment programs. [1][2] The agency currently runs a monthly newsletter, sends monthly reports to the Virginia General Assembly, and issues press releases. [3]
Virginia. Headquarters. Richmond, Virginia. Annual budget. $18.4m USD (2020) The Virginia Department of Labor and Industry is the executive branch agency of the state government responsible for administering labor and employment laws and programs in the U.S. state of Virginia. [1][2][3]
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Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
A Virginia woman who admitted to leading a scheme meant to defraud the government out of over $1.5 million in coronavirus unemployment benefits has been sentenced to a decade behind bars.
Virginia, with a GDP of $712.9 billion, ranked as the 13th largest state in terms of GDP among the 50 states of the United States. Virginia's economy is larger than countries such as Belgium, Sweden, Ireland, and Norway. Virginia is also among the wealthiest states in the US, boasting a GDP per capita of $81,794, which ranks 19th as of 2023.
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The secretary of labor is a member of the Virginia Governor's Cabinet. The current secretary, as of September 2024, is G. Bryan Slater . The office was established in 2021.
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