Vermont Business MagazineNew unemployment claims in Vermont last week increased slightly and broke 800 as claims outpaced those from a year ago. Forthe week of June 28, 2014, there were 815 new, regular benefit claims for Unemployment Insurance in Vermont. This is an increase of 20 from the previous week's total, and 163 more than they were a year ago. Claims in 2014 had been running significantly lower than those in 2013.
Altogether 4,313 new and continuing claims were filed, an increase of 145 from a week ago and 1,123 fewer than a year ago. The Department also processed 9 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 1 fewer than the previous week.
There were no Second Tier claims for benefits processed under the EUC08 program. There were zero Tier III claims. The Tier I, II and III programs expired on December 28, 2013. Congress would need to act to renew these extended benefit programs.SEESTORY
The total for all programs was 5,137 claims, 164 more than last week, and 1,741 fewer than the same time last year.
The Unemployment Weekly Report can be found at:http://www.vtlmi.info/ (link is external. Previously released Unemployment Weekly Reports and other UI reports can be found at:http://www.vtlmi.info/lmipub.htm#uc (link is external)
Vermont's unemployment rate held at 3.3 percent in May, the second lowest in the nation behind only North Dakota (2.6 percent).SEESTORY.
