Weekly unemployment claims jump up

There were 1,260 new regular benefit claims for Unemployment Insurance last week, an increase of 489 from the week before. Altogether 6,572 new and continuing claims were filed, a decrease of 544 from a week ago and 2,531 fewer than a year earlier. The Department also processed 1,644 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 44 fewer than a week ago. In addition, there were 796 Second Tier claims for benefits processed under the EUC08 program, which is a decrease of 27 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
Vermont's unemployment rate increased one-tenth in May to 5.4 percent. See story HERE.