Unemployment Rate in Martinsville City, VA was 4.70% in December of 2025, according to the United States Federal Reserve. Historically, Unemployment Rate in Martinsville City, VA reached a record high of 24.10 in October of 1990 and a record low of 3.20 in September of 1997. Trading Economics provides the current actual value, an historical data chart and related indicators for Unemployment Rate in Martinsville City, VA - last updated from the United States Federal Reserve on April of 2026.