New unemployment claims fell considerably last week, but remain over 1,000. Mathew Barewicz, economic and labor market information chief at the Vermont Department of Labor, said the unemployment claim pattern is typical this time of year in Vermont, he said, as the economy transitions from warm to cold weather labor requirements and also reflects temporary hires and layoffs.
For’ the week of December 7, 2013, there were 1,065 new, regular benefit claims for Unemployment Insurance in Vermont. This is a decrease of 400 from the previous week's total, and 77 more than they were a year ago.
Altogether 7,389 new and continuing claims were filed, an increase of 1,092 from a week ago and 151 more than a year ago. The Department also processed 749 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 95 more than the same number a week ago.
In addition, there were 25 Second Tier claims for benefits processed under the EUC08 program, which is 8 more than the week before. There were 7 Tier III claims, which is 1 fewer than a week ago. The Tier I, II and III programs are scheduled to expire on December 31, unless Congress renews these extended benefit programs.
The total for all programs was 8,170 claims, 1,194 more than last week, but 446 fewer than the same time last year.
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 fell one-tenth to 4.5 percent in October, the first drop in five months.’ SEE’ STORY.
Weekly unemployment claims fall, but still high
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