For the Week of 08/22/2009. There were 682 new regular benefit claims for Unemployment Insurance last week, a decrease of 172 from the week before and 175 fewer than the same period last year. Altogether 11,552 new and continuing claims were filed, 628 fewer than a week ago and 4,327 more than a year earlier. The Department also processed 4,259 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 53 more than a week ago. In addition, there were 788 Second Tier claims for benefits processed under the EUC08 program, which is a decrease of 16 from the week before. 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
Latest Unemployment Press Release
August 24, 2009
"Unemployment fell sharply in July, apparently due to increased hiring of youth for summer work and a modest recovery of the Leisure and Hospitality sector. However, the early data indicate we will likely see an upward revision of the unemployment rate as has occurred for the past several months. For example, we saw June's unemployment rate climb from 7.1% to 7.3% after final revision."
Patricia Moulton Powden
Commissioner of the Vermont Department of Labor
Vermont Labor Force Statistics
Seasonally Adjusted
July
2009
June
2009
July
2008
Total Labor Force
360,100
359,500
354,800
Employment
335,600
333,300
338,600
Unemployment
24,500
26,200
16,200
Rate
6.8%
7.3%
4.6%