New unemployment claims in Vermont fell again last week to below 700, the lowest level this spring. For the week of May 11, 2013, there were 679 new, regular benefit claims for Unemployment Insurance in Vermont. This is a decrease of 243 from the previous week's total, and 53 fewer than they were a year ago.
Altogether 7,146 new and continuing claims were filed, a decrease of 962 from a week ago and 413 fewer than a year ago. The Department also processed 884 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 5 fewer than a week ago.
In addition, there were 31 Second Tier claims for benefits processed under the EUC08 program, which is 4 more than the week before. The Tier III program of extended benefits is being discontinued in Vermont as the state's unemployment rate has been under the federal threshold for more than three months.
The total for all programs was 8,071 claims, 962 fewer than last week and 1,666 fewer than the same time 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 fell one-tenths to 4.0 percent in April, the third lowest rate in the nation and lowest in New England. SEE STORY.
Weekly unemployment claims fall for third week
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