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Vermont jobless rate stays at 3.3 percent for September

Fri, 10/21/2016 - 11:17am -- tim

by Timothy McQuiston The unemployment rate was unchanged last month, but the key indicators were all slightly worse, as the labor force and employment both fell, while the number of jobless increased. The Vermont Department of Labor announced today that the seasonally-adjusted statewide unemployment rate for September was 3.3 percent, the same as the revised August rate. The national rate in September was 5.0 percent, up one tenth.

Weekly unemployment claims up again to modest level

Fri, 10/21/2016 - 11:15am -- tim

Vermont Business Magazine Weekly unemployment claims rose last week, as Manufacturing claims spiked. This was offset somewhat by a fall in claims for both the Service and Construction industries. After running at a very low level during the latter part of the summer, overall claims have edged up the last two weeks. For the week of October 15, 2016, there were 571 claims, up 123 from the previous week's total and 18 more than than they were a year ago.

VEC’s community solar project launched in Alburgh

Fri, 10/21/2016 - 7:52am -- tim

Vermont Business Magazine On Thursday, Vermont Electric Cooperative (VEC), Encore Renewable Energy, and SoCore Energy, held a Community Appreciation Event at the site of VEC’s first Co-op Community Solar project on Route 78 and Dump Road in Alburgh. The Community Appreciation Event was held  to thank VEC members and the Town of Alburgh for helping to bring the one-megawatt solar project to fruition. VEC’s Co-op Community Solar project provides Co-op members with a new opportunity to save money by sponsoring solar panels and obtaining monthly bill credits. Developing cost-effective, well-sited, locally-generated, renewable energy is a VEC priority.

Vermont Troopers Association endorses Phil Scott for governor

Thu, 10/20/2016 - 10:36pm -- tim

Vermont Business Magazine Today, the Vermont Troopers Association announced its support for Phil Scott for governor. “The Vermont Troopers Association is proud to endorse Phil Scott for Governor,” said the Association’s President, Sergeant Michael O’Neil. “Phil has a long track record of working with the law enforcement community and understands the daily challenges of the job. Lt.

Sanders announces $4.3 million to Vermont nonprofit to boost job training for low-income seniors

Thu, 10/20/2016 - 5:13pm -- tim

Vermont Business Magazine US Senator Bernie Sanders (I-Vermont) announced Thursday that the US Department of Labor awarded $4.3 million to a St Albans-based nonprofit, Vermont Associates for Training and Development, to expand their efforts to provide job training and employment services for low-income seniors. In addition to helping Vermonters, the boost in federal funding will allow Vermont Associates for Training and Development to replicate their employment services program in Maine and throughout large swaths of New York and Pennsylvania.

Darn Tough Vermont continues market dominance

Thu, 10/20/2016 - 5:10pm -- tim

Vermont Business Magazine Darn Tough Vermont, the Northfield-based manufacturer of the fastest growing collection of performance outdoor and lifestyle socks, continues to acquire market share through aggressive growth in multiple categories.  With a formidable annual sales forecast, Darn Tough is seizing upon opportunities in the Lifestyle, Junior and Work markets, it reported today.        

Environmental advocates endorse Burlington downtown redevelopment

Thu, 10/20/2016 - 5:06pm -- tim

Vermont Business Magazine Mayor Miro Weinberger, joined by leading Vermont environmental advocates, addressed today the environmental benefits of redeveloping the declining Burlington Town Center (BTC) into a mixed-use, City neighborhood. The supporters announced at the event included the Conservation Law Foundation, the Vermont Natural Resources Council, the Vermont Energy Investment Corporation, the Burlington Electric Commission, and the Chittenden County Regional Transportation Commission.

MacroFuel’s Rietsema wins Vermont Road Pitch, ‘Pitch-Off’

Thu, 10/20/2016 - 2:40pm -- tim

Vermont Business Magazine The first annual Vermont Road Pitch “Pitch-Off” was held at Champlain College on Tuesday, October 18. Augustine (Gus) Rietsema from MacroFuel Food won the statewide Pitch-Off, edging out 10 other talented entrepreneurs. Earlier this summer, 11 businesses won local and regional Road Pitch competitions to qualify for the Statewide Pitch-Off.  Fresh Tracks Road Pitch is a 5-day motorcycle tour that brings 45 riders with investment and business experience to towns throughout Vermont to hear business ideas from local entrepreneurs.

Skiing World Cup at Killington highlights Vermont’s November tourism events

Thu, 10/20/2016 - 12:18pm -- tim

Vermont Business Magazine While November marks the return of skiing and snowboarding to the mountains of Vermont, this season’s opening of the slopes will be highlighted by an event that welcomes many of the best skiers in the world to the Green Mountain State. Skiing’s top women competitors will make their way to Killington over Thanksgiving weekend as the resort hosts the Audi FIS Ski World Cup. This will be the first alpine World Cup event in the eastern United States in 25 years.