Weekly unemployment claims increase after long decline

New unemployment claims increased in Vermont last week, but remain well below the April spike. For the week of June 8, 2013, there were 646 new, regular benefit claims for Unemployment Insurance in Vermont. This is an increase of 162 from the previous week's total, and 59 more than they were a year ago.
Altogether 6,065 new and continuing claims were filed, a decrease of 118 from a week ago and 485 fewer than a year ago. The Department also processed 781 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 26 fewer than a week ago.
In addition, there were 28 Second Tier claims for benefits processed under the EUC08 program, which is 3 fewer than the week before. The Tier III program of extended benefits is being discontinued in Vermont as the state's unemployment rate has been under the federal threshold for more than three months.
The total for all programs was 6,883 claims, 144 fewer than last week and 1,743 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-tenths to 4.0 percent in April, the third lowest rate in the nation and lowest in New England. SEE STORY.