Vermont Business MagazineAfter a long downward trend, new unemployment claims in Vermont increased for the third time last week to run past 1,000. Forthe week of April 19, 2014, there were 1,105 new, regular benefit claims for Unemployment Insurance in Vermont. This is an increase of 201 from the previous week's total, and 106 fewer than they were a year ago.
Altogether 8,210 new and continuing claims were filed, an increase of 115 from a week ago and 595 fewer than a year ago. The Department also processed 47 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 9 fewer than the previous week.
There were no Second Tier claims for benefits processed under the EUC08 program, one fewer than the previous week. There were zero Tier III claims. The Tier I, II and III programs expired on December 28, 2013. The US Senate overwhelmingly passed such legislation April 7, but it faces an uncertain future in the House. Congress would need to act to renew these extended benefit programs.SEESTORY
The total for all programs was 8,257 claims, 106 more than last week, and 1,476 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 three-tenths to 3.4 percent in March, the second lowest in the nation behind only North Dakota.SEESTORY.