Current News
by tim
by tim
by tim
Vermont Business Magazine Weekly unemployment claims fell again last week to under 500, which is more typical of a summer-time level. There could be volatility in the coming weeks after school lets out. Claims during the summer hold at a relatively low level because of vacation hiring, until the next transition when school resumes in September. Claims spiked to over 1,100 three weeks ago. Claims are lower than they were the same time last year, which has been the usual case for most weeks in 2017. For the week of May 13, 2017, there were 425 claims, down 89 from the previous week's total and 131 fewer than than they were a year ago.
Altogether 4,606 new and continuing claims were filed, a decrease of 537 from a week ago, and 729 fewer than a year ago.