News

Vermont unemployment rate falls three-tenths to 3.4 percent

Fri, 04/18/2014 - 10:09am -- tim

Vermont Business Magazine Vermont’s unemployment rate is now second lowest in the nation, behind only North Dakota (2.6 percent). Driven by an increase in jobs, a decrease in the labor force (year over year, with an increase from February) and a steep decline in the number of unemployed, Vermont's unemployment rate fell again in March to 3.4 percent, a level not seen since well before the the national economy collapsed in 2008. This is the lowest Vermont seasonally adjusted unemployment rate since June 2005.

Analysis: More Vermonters have jobs, but income inequality persists

Sun, 04/20/2014 - 6:56am -- tim

Public Assets Institute In what may be an encouraging trend, March data released today show that the number of working Vermonters, including those who are self-employed, increased for the sixth consecutive month. The unemployment rate dropped to 3.4 percent, a low not seen since 2005. At the same time, Vermont private sector employers reported 800 new non-farm payroll jobs, seasonally adjusted.

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