There were 2,065 new regular benefit claims for Unemployment Insurance last week, as claims spiked over the holidays, from what was a relatively high level. New claims increased 376 from the week before but are still below last year's total.
Altogether 9,866 new and continuing claims were filed, an increase of 1,116 from a week ago but 3,390 fewer than a year ago. The Department also processed 1,556 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), one more than a week ago. In addition, there were 634 Second Tier claims for benefits processed under the EUC08 program, which is 8 fewer than the week before. 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 three-tenths to 5.3 percent in November. See story HERE.
Vermont Labor Force Statistics
Seasonally Adjusted
Change to
November 2011 from
November
2011
October
2011
November
2010
October
2011
November
2010
Total Labor Force
363,200
362,800
360,800
400
2,400
Employment
344,100
342,400
339,800
1,700
4,300
Unemployment
19,100
20,300
21,000
-1,200
-1,900
Rate
5.3%
5.6%
5.8%
-0.3
-0.5