New initial claims for unemployment fell again, meaning July could mark the lowest number for a month since late last summer when final numbers are released. For the Week of 07/25/2009, there were 830 new regular benefit claims for Unemployment Insurance last week, a decrease of 77 from the week before. Altogether 13,076 new and continuing claims were filed, 478 fewer than a week ago and 5,881 more than a year earlier. The Department also processed 3,799 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 123 more than a week ago. In addition, there were 741 Second Tier claims for benefits processed under the EUC08 program, which is an increase of 17 from 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 Labor Force Statistics
Seasonally Adjusted
June
2009
May
2009
June
2008
Total Labor Force
358,800
360,900
354,400
Employment
333,300
334,400
338,500
Unemployment
25,400
26,500
15,900
Rate
7.1%
7.4%
4.5%