New unemployment claims nearly doubled last week as the seasonal changes that always occur around Thanksgiving once again influenced claims. Last year during the same period, new claims went from 800 to 1,600. Mathew Barewicz, economic and labor market information chief at the Vermont Department of Labor, said that the transportation and education industries showed a high number of claims across the state.
"The Vermont economy is very diverse, first and foremost," Barewicz said. The unemployment claim pattern is typical this time of year in Vermont, he said, as the economy transitions from warm to cold weather labor requirements and also reflects temporary hires and layoffs.
For’ the week of November 30, 2013, there were 1,465 new, regular benefit claims for Unemployment Insurance in Vermont. This is an increase of 660 from the previous week's total, and 245 more than they were a year ago.
Altogether 6,297’ new and continuing claims were filed, an increase of 476 from a week ago and 1,80 fewer than a year ago. The Department also processed 654 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 73 fewer than the same number a week ago.
In addition, there were 17 Second Tier claims for benefits processed under the EUC08 program, which is 1 more than the week before. There were 8 Tier III claims, which is 1 more than a week ago. The Tier I, II and III programs are scheduled to expire on December 31, unless Congress renews these extended benefit programs.
The total for all programs was 6,976 claims, 405 more than last week but 2,328 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 4.5 percent in October, the first drop in five months.’ SEE’ STORY.
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Seasonal spike drives weekly unemployment claims over 1,400
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