News

Submitted on by tim

The Vermont Department of Labor announced today the seasonally adjusted statewide unemployment rate for March 2011 was 5.4 percent. This reflects a decrease of two-tenths of one percentage point to the statewide rate from the previously reported February level of 5.6 percent. Compared to a year ago (March 2010), the statewide unemployment rate has trended down by 1.2 percent.

Submitted on by tim

Don Rendall of Green Mountain Power Corporation and the President of the Board of Directors of the United Way of Chittenden County announced today that Martha Maksym of Grand Isle has been named the new Executive Director to succeed Gretchen Morse who announced her retirement effective June 30th.

Submitted on by tim

Associated Industries of Vermont Vice President William Driscoll issued the following statement Tuesday regarding Entergy Vermont Yankee's US District Court suit against the state of Vermont. Entergy is seeking to operate the Vernon nuclear plant until 2032, 20 years beyond its license expiration in March 2012. It recently received such approval from the Nuclear Regulatory Commission.

Submitted on by tim

The Green Mountain Club today announced the choice of Will Wiquist as the organization’s new executive director. Wiquist is the first new director in more than a decade for the 101-year old, 10,000 member club which maintains Vermont’s Long Trail network and seeks to promote the role of the mountains in people’s lives.

Submitted on by tim

Vermont Housing Finance Agency (VHFA) will release the 2011 edition of ‘Between a Rock and a Hard Place: Housing and Wages in Vermont’ at a press event at 12 noon on Thursday, April 21, in the Statehouse Cedar Creek Room in Montpelier.
The 2011 update is the 10th edition of the annual report first published in 2002.

Submitted on by tim

Citing personal reasons, Lyndon State College President Carol A. Moore announced her resignation
from the college, effective July 1.

Submitted on by tim

Statistics show that although construction in Vermont during the month of February looked to be slowing, overall contracts for future construction are above last years values. This includes residential, non-residential and nonbuilding construction.
February and year-to-date data for Vermont:

Submitted on by tim

US Senator Bernie Sanders (I-VT) and Major General Michael Dubie, the Vermont National Guard commander, broke ground today on an $8.5 million solar installation that will be one of the biggest in Vermont.
Sanders is chairman of the Senate green jobs subcommittee. He has worked with the Vermont National Guard to make its base one of the greenest in the country.

Submitted on by tim

The chief executives of Vermont’s leading businesses appear poised to hold steady for the spring and summer months of 2011, when compared against the previous survey period. The survey was completed between April 1 and April 15 and released today by Vermont Business Roundtable Chair Steve Voigt, CEO, King Arthur Flour and President Lisa Ventriss.

Submitted on by tim

Vermont Governor Peter Shumlin and utility leaders today hailed the Public Service Board’s approval of a 26-year contract with Hydro-Québec, a key element of Vermont’s energy future.

Submitted on by tim

The other shoe has finally dropped.

Submitted on by tim

FairPoint Communications has announced it has embarked on an investment in its VantagePoint network that will support more high-speed wireless services and extend fiber into more communities across Maine, New Hampshire and Vermont.