Vermont Business MagazineWeekly unemployment claims in Vermont increased above 400 after its historic low of under 300 two weeks ago. For the week of October 10, there were 438 new, regular benefit claims for Unemployment Insurance in Vermont, an increase of 86 from the previous week's total and 49 fewer than they were a year ago. Generally, claims have been running below last year's totals. Total claims were generally the same in most regions of the state. By industry, claims more than tripled for Construction but otherwise held steady with very totals. As has been the trend, Services led all categories with 47 percent of all claims, nearly the same as last week.
Altogether 3,071 new and continuing claims were filed, an increase of 29 from a week ago, and 650 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 3,071 claims, 44 more than last week, and 651 fewer than the same time last year.
For the week by industry, Services claims were about up slightly in number and as a percentage fromthe prior week and still represent the preponderance of claims for any one sector, at 47 percent of all claims. Construction claims more than tripled to 21 percent of all claims, but which represents rising from about 24 claims to about 90 claims.
Monthly Claims for August 1977-2015
By region, Total Claims in nearly every region of the state were about the same for the week and largely down from 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 held at 3.6 percent in August, as total employment fell and unemployment was up, but the total labor market was also down.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.
