Vermont Business MagazineNew unemployment claims in Vermont were up again last week, but increased at a brisker rate. Levels this year have been running consistently lower than those of last year.Forthe week of October 11, 2014, there were 487 new, regular benefit claims for Unemployment Insurance in Vermont. This is an increase of 88 from the previous week's total, and 124 fewer than they were a year ago.
Altogether 3,721 new and continuing claims were filed, an increase of 120 from a week ago and 493 fewer than a year ago. The Department processed 1 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), one 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 3,722 claims, 119 more than last week, and 1,198 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 four-tenths to 4.1 percent in August, but is still fifth lowest in the nation behind North Dakota 2.8 percent, Nebraska 3.6 percent, Utah 3.6 percent and South Dakota 3.6 percent. The September rate is due out Tuesday October 21. SEESTORY.
