New unemployment claims fell again last week to their lowest levels since early fall. Forthe week of February 1, 2014, there were 680 new, regular benefit claims for Unemployment Insurance in Vermont. This is a decrease of 55 from the previous week's total, and 5 more than they were a year ago.
Source: Vermont Dept of Labor
Altogether 8,810 new and continuing claims were filed, an increase of 71 from a week ago and 799 fewer than a year ago. The Department also processed 200 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 10 fewer than the previous week.
In addition, there were 6 Second Tier claims for benefits processed under the EUC08 program, which is equal to the week before. There were zero Tier III claims. The Tier I, II and III programs expired on December 28, 2013. Congress would need to act to renew these extended benefit programs.
The total for all programs was 9,016 claims, 61 more than last week, and 1,705 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-tenth to 4.2 percent in December. SEESTORY.
Weekly unemployment claims fall for fifth straight week
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