Vermont Business MagazineWeekly unemployment claims fell nearly 600, as post-holiday employment levels returned to a more stable level. The holidays produce wild swings in these numbers, as retailers, especially, hire then lay off workers in short order. By industry, Construction reported the most claims last week. In an average week, Services usually have the most claims.
For the week of January 7, 2017, there were 940 claims, down 591 from the previous week's total and 215 fewer than than they were a year ago (1,155).
Altogether 7,765 new and continuing claims were filed, an increase of 488 from a week ago, and 483 fewer than a year ago.
The Department processed 0 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08).
Vermont's unemployment rate fell one-tenth to 3.2 percent in November, as the labor force fell and total employment increased by a small amount, along with a decreasein the number of unemployed.SEESTORY.
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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
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.
