Targeted Employment Area: Fauquier County, Virginia

Created on 10/17/2017 3:12:20 PM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2016 unemployment averages for Fauquier County in April.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Fauquier County Virginia and the EB-5 program. The ACS 5-Year is from the American Community Survey and the more recent data provided by the project's city, Fauquier County, Virginia to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Fauquier County qualifies by either the ACS or the BLS (or both). Please note that if the ACS data qualifies and the more recent BLS data indicates does not, there is an indication that employment conditions are improving and that a project in Fauquier County may not be granted a designation letter -- or depending on project type, target areas, and Virginia requirements, an EB-5 project may considered by either ACS or BLS unemployment rate during the approval processes.

Fauquier County Virginia Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 51061 53,262 36,338 34,515 1,823 5% No
BLS 51061 n/a 35,922 34,687 1,235 3.4% No

Supporting EB-5 Regional Centers

Sorry, we do not have any record of an EB-5 Regional Centers supporting this area; however, please contact us and we'll get you the assistance you need.

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