Vermont Business MagazineNew unemployment claims in Vermont fell again to near their lowest point in recent memory. In early June, claims fell to 400, as filings have spiked and then fallen for most of the year. Forthe week of July 19, 2014, there were 404 new, regular benefit claims for Unemployment Insurance in Vermont. This is a decrease of 180 from the previous week's total, and 124 fewer than they were a year ago. Claims have been generally lower than were at the same time last year. The summer also typically produces fewer claims.
Altogether 4,963 new and continuing claims were filed, a decrease of 220 from a week ago and 731 fewer than a year ago. The Department also processed 7 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 1 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 4,970 claims, 221 more than last week, and 1,533 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 went up two-tenths to 3.5 percent in June, but still tied for the second lowest in the nation behind only North Dakota (2.7 percent).SEESTORY.
