Vermont Business Magazine Reflecting the holiday season hiring, Vermont's weekly unemployment claims, which have steadily increased since the end of the summer, fell steeply last week and once again fell below last year's levels. Generally, claims in 2015 have been running below last year's totals. For the week of December 12, 2015, there were 719 claims, a decrease of 554 from the previous week's total and 148 fewer than they were a year ago. By industry, claims rose again for Construction, typical for this time of year. As has been the trend, Services led all categories with 38 percent of all claims, but were down significantly from recent weeks. Manufacturing fell dramatically from about 200 to about 65.
Altogether 5,253 new and continuing claims were filed, an decrease of 1,236 from a week ago, and 982 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.
