Vermont Business Magazine New weekly unemployment claims in Vermont were up for the fifth straight week. This is in stark contrast to the summer and early fall. again last week and are near 800 claims for the first time in several months. Levels this year had been running consistently lower than those of last year, but are now running ahead of last year's numbers.Forthe week of November 1, 2014, there were 922 new, regular benefit claims for Unemployment Insurance in Vermont. This is an increase of 125 from the previous week's total, and 139 more than they were a year ago.
Altogether 4,549 new and continuing claims were filed, an increase of 409 from a week ago and 271 fewer than a year ago. The Department processed 1 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), the same asthe 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 4,550 claims, 409 more than last week, and 984 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 went up three-tenths to 4.4 percent in September as the rate keeps rising based on continued job loss.SEESTORY.