New unemployment claims in Vermont increased last week last week, and trended higher year-on-year for the first time in several weeks. For the week of February 23, 2013, there were 978 new, regular benefit claims for Unemployment Insurance in Vermont. This is an increase of 19 from the previous week's total, and 19 more than they were the same time last year.
Altogether 9,471 new and continuing claims were filed, an increase of 153 from a week ago and 668 fewer than a year ago. The Department also processed 962 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 56 fewer than a week ago.
In addition, there were 36 Second Tier claims for benefits processed under the EUC08 program, which is 12 fewer than the week before. The Tier II program of extended benefits is being discontinued in Vermont as the state's unemployment rate has been under the federal threshold for more than three months.
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
Weekly unemployment claims jump nearly 300
Submitted by tim
on