Unemployment rate falls another tenth to 3.1 percent
The Vermont Department of Labor has reported that the seasonally-adjusted statewide unemployment rate for February was 3.1 percent. This reflects a decrease of one-tenth of one percentage point from the prior month’s revised estimate of 3.2 percent. The comparable United States rate in February was 6.2 percent, which was a decrease of one-tenth of one percentage point from the revised January estimate. The decline is largely due to a sharp decrease in the Labor Force from January. The number of unemployed also fell. Both the Labor Force and total Employed represent about 30,000 fewer workers than a year ago, which was pre-pandemic.
People Moves: Community Mutual’s Galfetti, Ryan Promoted; Adwani Joins Risman April 6, 2021
Community Mutual Insurance Company Names New President, Treasurer
The Board of Directors of Community Mutual Insurance Company has voted unanimously to elect Jennifer P. Galfetti as president of the company and Schuyler M. Ryan as treasurer. The promotions were announced at the company’s annual meetings held on March 17, 2021.
Community Mutual Insurance Company is part of the Union Mutual of Vermont Companies, a property/casualty insurance group consisting of Union Mutual Fire Insurance and New England Guaranty Insurance Company Inc., both based in Montpelier, Vermont; and Community Mutual Insurance Company, based in Latham, New York.