New unemployment claims increased for the third time in the last four weeks, but still only to a historically modest level. For’ the week of October 26, 2013, there were 656 new, regular benefit claims for Unemployment Insurance in Vermont. This is an increase of 161 from the previous week's total, and 134 fewer than they were a year ago.
Altogether 4,470’ new and continuing claims were filed, an increase of 129 from a week ago and 779 fewer than a year ago. The Department also processed 693 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), the same number as a week ago.
In addition, there were 19 Second Tier claims for benefits processed under the EUC08 program, which is 4 more 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 5,189 claims, 149 more than last week but 1,474 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 stayed at 4.6 percent in August; the release of the September rate has been delayed because of the federal shutdown.’ SEE’ STORY.
Weekly unemployment rates increase again
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