Vermont Business MagazineWeekly unemployment claims in Vermont were up slightly last week after a big decline last week. Claims are typically low during the summer. There were 496 new, regular benefit claims for Unemployment Insurance in Vermont, an increase of 31 from the previous week's total and 88 fewer than they were a year ago. Generally, claims have been running below last year's totals.
Altogether 4,590 new and continuing claims were filed, an increase of 243 from a week ago, and 593 fewer than a year ago. The Department processed 0 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08). The total for all programs was 4,590 claims, 243 more than last week, and 601 fewer than the same time last year.
For the week by industry, Services claims still represent the preponderance of claims for any one sector, representing 51 percent of all claims. Manufacturing and Construction claims were both up as a percentage of the total.
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 held at 3.6 percent in May, as total employment grew and unemployment fell.SEESTORY.
NOTE: Employment (nonfarm payroll)- A count of all persons who worked full- or part-time or received pay from a nonagricultural employer for any part of the pay period which included the 12th of the month. Because this count comes from a survey of employers, persons who work for two different companies would be counted twice. Therefore, nonfarm payroll employment is really a count of the number of jobs, rather than the number of persons employed. Persons may receive pay from a job if they are temporarily absent due to illness, bad weather, vacation, or labor-management dispute. This count is based on where the jobs are located, regardless of where the workers reside, and is therefore sometimes referred to as employment "by place of work." Nonfarm payroll employment data are collected and compiled based on the Current Employment Statistics (CES) survey, conducted by the Vermont Department of Labor. This count was formerly referred to as nonagricultural wage and salary employment.
