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.
After a long downward trend, new unemployment claims in Vermont increased for the second time last week. For the week of April 12, 2014, there were 904 new, regular benefit claims for Unemployment Insurance in Vermont. This is an increase of 73 from the previous week's total, and 164 fewer than they were a year ago.
by Hilary Niles vtdigger.org Lawmakers are reviewing at least six approaches to increasing the state’s minimum wage, five weeks after Governor Peter Shumlin embraced President Barack Obama’s plan to move to $10.10 per hour by 2017.
The state minimum wage is $8.73 per hour, compared to the federal rate of $7.25 per hour. Vermont nudges up the minimum hourly wage each year in proportion to changes in the Consumer Price Index.
Vermont State Police One lane of I-89 in Highgate has been re-opened. Today at approximately 12:12 pm, the Vermont State Police received a 911 call regarding a plane crash on Interstate 89 in the northbound lane, near mile marker 125, north of exit 21 in the town of Highgate. Initial reports indicated the single passenger plane was fully engulfed in flames and someone parachuted out prior to crashing.