Weekly unemployment claims increase again

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Weekly unemployment claims increase again

Fri, 04/14/2017 - 2:20pm -- tim

Vermont Business Magazine Weekly unemployment claims increased at a brisk rate last week for the second consecutive week. Claims were down from a year ago, as they've been most weeks this year. As expected, by industry, Services reported the most claims (67 percent of the total), as most sectors saw small increases. Services typically reports the most claims.

For the week of April 8, 2017, there were 764 claims, up 224 from the previous week's total and 195 fewer than than they were a year ago.

Altogether 6,305 new and continuing claims were filed, an increase of 55 from a week ago, and 720 fewer than a year ago.

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

Vermont's unemployment rate fell one-tenth to 3.0 percent in February, as the labor force and total employment increased, along with a decrease in the number of unemployed. 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

NOTE: Employment (nonfarm payroll) - A count of all persons who worked full- or part-time or received pay from a nonagricultural employer for any part of the pay period which included the 12th of the month. Because this count comes from a survey of employers, persons who work for two different companies would be counted twice. Therefore, nonfarm payroll employment is really a count of the number of jobs, rather than the number of persons employed. Persons may receive pay from a job if they are temporarily absent due to illness, bad weather, vacation, or labor-management dispute. This count is based on where the jobs are located, regardless of where the workers reside, and is therefore sometimes referred to as employment "by place of work." Nonfarm payroll employment data are collected and compiled based on the Current Employment Statistics (CES) survey, conducted by the Vermont Department of Labor. This count was formerly referred to as nonagricultural wage and salary employment.