Vermont Business MagazineWeekly unemployment claims fell slightly last week to remain at a low summer-time level. Claims had been falling steadily since early July. Claims also are lower than they were the same time last year, which has been the usual case for most weeks in 2017. For the week of August 12, 2017, there were 366 claims, down 26 from the previous week's total and 184 fewer than than they were a year ago.
Altogether 3,795 new and continuing claims were filed, a decrease of 65 from a week ago, and 643 fewer than a year ago.
Claims during the summer usually hold at a relatively low level because of vacation hiring, until the next transition when school resumes in September.
As expected, by industry, Services accounted for the most claims (46 percent of the total). Construction held relatively steady Manufacturing up slightly.
The Department processed 0 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08).
Vermont's unemployment rate for July was 3.1 percent. This reflects a one-tenth drop from the revised June rate (3.2 percent).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
