Vermont Business Magazine Vermont's weekly unemployment claims, surged again to over 700 last week, but remain well below the same time last year, when they eclipsed 1,000. For the week of November 21, there were 795 claims, an increase of 129 from the previous week's total and 211 fewer than they were a year ago. Generally, claims have been running below last year's totals. Total claims were up in all regions of the state for the week, but down everywhere for the year. By industry, claims increased significantly for Manufacturing, and were again high for Construction, as its season wound down. As has been the trend, Services led all categories with 40 percent of all claims, which was down slightly for the week.
Altogether 4,638 new and continuing claims were filed, an increase of 433 from a week ago, and 1,344 fewer than a year ago.
The Department processed 0 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08).
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 remained at 3.7 percent in October, as the labor force and total employment fell, with no change in the number of unemployed.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.
