Weekly unemployment claims edge up to 392, still low

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Weekly unemployment claims edge up to 392, still low

Fri, 08/11/2017 - 9:52am -- tim

 

Vermont Business Magazine Weekly unemployment claims increased last week but remain at a low summer-time level. Claims had been falling steadily since early July. Claims also are lower than they were the same time last year, which has been the usual case for most weeks in 2017. For the week of August 5, 2017, there were 392 claims, up 72 from the previous week's total and 131 fewer than than they were a year ago.

Altogether 3,860 new and continuing claims were filed, an increase of 7 from a week ago, and 509 fewer than a year ago.

Claims during the summer usually hold at a relatively low level because of vacation hiring, until the next transition when school resumes in September.

As expected, by industry, Services reported the most claims (54 percent of the total). Manufacturing and Construction held relatively steady.

The Department processed 0 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08).

Vermont's unemployment rate for June was 3.2 percent. This reflects no change from the revised May rate (3.2 percent). SEE STORY.

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The Unemployment Weekly Report can be found at: http://www.vtlmi.info/. Previously released Unemployment Weekly Reports and other UI reports can be found at: http://www.vtlmi.info/lmipub.htm#uc