NFIB’s February Jobs Report shows that the Small Business Employment Index ticked up nearly 1 point to 103.5, showing further tightness after January consolidated the gains measured in December.

This current reading is 2.3 points above the 2025 average of 101.2, and 3.5 points above the historical average of 100.

NFIB State Director Julia Hammond said the national report reflects conditions in Virginia.

“Small business owners are really competing for workers right now, and many of them are raising wages to get them. Governor Spanberger has promised to sign legislation raising the state minimum wage, and that’s going to put even more pressure on Main Street businesses trying to keep the doors open.”

Click here to read more about the February jobs report.