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PAI: Job growth in 2017, so far so good

Sun, 10/22/2017 - 12:54pm -- tim

Public Assets Institute With an additional 600 new jobs in September, Vermont’s private employers have added 2,700 jobs so far this year. While the growth has been uneven, 2017 has seen the strongest first three quarters since 2011. Also in September, Vermont’s unemployment rate ticked down to 2.9 percent, the lowest level since December 2000.

Killington to celebrate World Cup with DISPATCH as headliner Nov 25

Sun, 10/22/2017 - 6:23am -- tim

Vermont Business Magazine Vermont’s Killington Resort, the largest ski and snowboard destination in Eastern North America, has announced that the band Dispatch will headline a robust music and entertainment lineup to celebrate the return of the Audi FIS World Cup. Dispatch, who formed while attending Vermont’s Middlebury College, will return to their Green Mountain State roots for the free concert on Saturday, November 25 at Killington’s K-1 Base Area. Known as one of the biggest independent rock bands in history, Dispatch hit a major career milestone when they played an outdoor concert in Boston that drew over 110,000 people and were dubbed by Rolling Stone as the hosts of the largest independent music event ever.  Dispatch is returning to the road with their first national tour in five years and their Audi FIS World Cup concert at Killington is their only scheduled appearance in the state of Vermont.

National Life newest VBSR champion

Sat, 10/21/2017 - 9:37am -- tim

Vermont Business Magazine The Board of Directors for Vermont Businesses for Social Responsibility (VBSR) is happy to announce that National Life has become VBSR’s newest Champion Member. “Do good, be good and make good. Those are values that National Life aspires to, and they resonate with VBSR and our members,” said VBSR executive director Jane Campbell.

Co-operative Insurance Companies donates $10,000 to American Red Cross

Sat, 10/21/2017 - 8:40am -- tim

Vermont Business Magazine Co-operative Insurance Companies is giving back to those affected by recent hurricane devastation with a donation of $10,000 to American Red Cross. Co-operative Insurance is a huge supporter of American Red Cross.  Along with this donation, the company hosted their second blood drive of 2017 on October 16th.  

Governor Scott launches ThinkVermont to grow economy

Fri, 10/20/2017 - 2:18pm -- tim

by Katie Kittell Vermont Busieness Magazine In a press conference Friday at Tech Jam in Essex Jct, Governor Phil Scott announced the launch of, a new website that will connect existing and prospective Vermont businesses and workers to the resources and information they need to expand in or relocate to Vermont. ThinkVermont is an economic development and marketing tool, created by the Agency of Commerce and Community Development (ACCD) to help retain and attract businesses and workers to the state. The website is one component of the Administration’s and Agency’s goal to grow Vermont’s economy by improving the symmetry of information and resources between the public and private sectors.

Weekly unemployment claims edge up again after long fall

Fri, 10/20/2017 - 1:46pm -- tim

Vermont Business Magazine Weekly unemployment claims increased last week to over 400 for the first time in many weeks. Claims had been falling steadily since early July. Claims also are lower than they were the same time last year, which has been the case for most weeks in 2017. For the week of October 14, 2017, there were 407 claims, 71 more than than they were last week and 164 fewer than they were a year ago.

Co-operative Insurance implements Guidewire solution

Fri, 10/20/2017 - 1:17pm -- tim

Vermont Business Magazine Co-operative Insurance Companies (Co-op), a provider of Property and Casualty (P&C) insurance in Vermont and New Hampshire, and Guidewire Software, Inc (NYSE: GWRE), a provider of software products to P&C insurers, today announced that Co-op has successfully implemented Guidewire InsuranceNow to its Business Owners Policy (BOP) line of business in Vermont and New Hampshire.

Vermont unemployment rate falls again, now 2.9 percent

Fri, 10/20/2017 - 10:50am -- tim

by Timothy McQuiston Vermont Business Magazine The September unemployment rate improved over August as have the major indicators. The Vermont Department of Labor announced today that the seasonally-adjusted statewide unemployment rate for September was 2.9 percent. This reflects a decline of one-tenth of one percentage point from the revised August rate (3.0 percent). The number of employed increased, the number of unemployed decreased and the Labor Force, which has been an ongoing weakness in the state economy the last few years, also increased. The year-to-year numbers were not quite as strong, as the Labor Force lost ground as the other data points improved.