Vermont Business Magazine New unemployment claims in Vermont last week remained at a very low level. Forthe week of June 7, 2014, there were 403 new, regular benefit claims for Unemployment Insurance in Vermont. This is an increase of 3 from the previous week's total, and 243 fewer than they were a year ago. Claims in 2014 have been running signifantly lower than those in 2013.
Altogether 5,016 new and continuing claims were filed, a decrease of 144 from a week ago and 1,049 fewer than a year ago. The Department also processed 13 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 21 fewer than the previous week.
There were no Second Tier claims for benefits processed under the EUC08 program. 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.SEESTORY
The total for all programs was 5,029 claims, 165 fewer than last week, and 1,854 fewer than the same time last year.
The Unemployment Weekly Report can be found at:http://www.vtlmi.info/ (link is external). Previously released Unemployment Weekly Reports and other UI reports can be found at:http://www.vtlmi.info/lmipub.htm#uc (link is external)
Vermont's unemployment rate fell one-tenth to 3.3 percent in April, the second lowest in the nation behind only North Dakota (2.6 percent).SEESTORY.
