Vermont Business MagazineA historic spike in weekly employment claims was cut in half last week, but remained at a relatively high level. Claims were also higher than for the same time last year for the first week of the new year. Generally claims in 2015 were lower than in 2014. For the week of January 2, 2016, there were 1,152 claims, a fall of 998 from the previous week's total and 174 more than they were a year ago. By industry, claims were down for most categories except for Construction, which was typically high for this time of year.As has been the trend, Services led all categories with 31 percent of all claims, which was down considerably from the previous week.
Altogether 7,698 new and continuing claims were filed, an increase of 862 from a week ago, and 926 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 November (half a point lower than November 2014), as the labor force and total employment fell, with a small decreasein 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.
