Vermont Business MagazineNew unemployment claims in Vermont were up again last week and surpassed 500 claims for the first time in several months. Levels this year have been running consistently lower than those of last year, but this week were ahead of last year's numbers.Forthe week of October 18, 2014, there were 540 new, regular benefit claims for Unemployment Insurance in Vermont. This is an increase of 53 from the previous week's total, and 45 more than they were a year ago.
Altogether 3,793 new and continuing claims were filed, an increase of 72 from a week ago and 548 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 3,794 claims, 72 more than last week, and 548 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.
