If you ever wanted to start your own business, then don’t move an inch. U.S. News & World Report just announced that the Commonwealth ranked in the “Five Best States to Start a Business.”
U.S. News & World Report has this to say, via a press release by Gov. Tim Kaine. “Virginia- This state is not just ‘purple’ in its voting patterns. Like blue states such as Massachusetts, It mixes the highly educated workforce and technological sophistication. And like red states such as Texas, Virginia is known for its low taxes. This state boasts the highest number of information technology jobs in non-IT industries as a total share of jobs, which indicates that Virginia’s businesses are more technologically advanced than businesses in other states.”
The state’s unemployment rate as of May 2009 was 7 percent, up from 6.6 percent in April 2009 and up from 3.6 in May 2008.
