Weekly unemployment claims fell 25.6 percent in the last week of May, returning to a relatively low level as seen earlier in May. For the week there were 720 new regular benefit claims for Unemployment Insurance in Vermont. This is a decrease of 248 claims from the week before, though 198 more than last year's total.
Altogether 7,237 new and continuing claims were filed, a decrease of 262 from a week ago and 1,045 fewer than a year ago. The Department also processed 1,453 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 35 more than a week ago. In addition, there were 704 Second Tier claims for benefits processed under the EUC08 program, which is 34 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 two-tenths to 4.6 percent in April. This is the lowest rate in New England and fourth lowest in the US.