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Fri, 05/21/2021 - 10:44am tim Vermont Business Magazine According to household data released by the Vermont Department of Labor today, the seasonally-adjusted statewide unemployment rate for April was 2.9 percent. This reflects no change from the prior month’s revised estimate. The comparable United States rate in April was 6.1 percent, which was an increase of one-tenth of one percentage point from the revised March estimate. Vermont has the fifth lowest rate in the nation, one-tenth behind Nebraska, New Hampshire, South Dakota and Utah. Last month Vermont was tied for lowest. Labor Commissioner Michael Harrington said: “It’s important to look at this month’s report with a bit of historical context. We are now 12 months from the worst part of the current recession. In April 2020, there were fewer than 200,000 private-sector jobs, a decline of over 60,000 from April 2019. Due in part to the steep decline last spring, this month’s employment numbers as reported ....
Fri, 04/16/2021 - 10:40am tim by Timothy McQuiston, Vermont Business Magazine The Vermont seasonally-adjusted unemployment rate fell again and at 2.9 percent in March is back under 3 percent for the first time since just before the pandemic hit in early 2020. The Vermont Department of Labor released the report Friday morning. The rate reflects a decrease of one-tenth of one percentage point from the prior month’s revised estimate of 3.0 percent. It was revised down from 3.1 percent. Vermont now is tied for the lowest rate in the nation with three Western states ( see table below). New Hampshire was next at 3.0 percent. The data also showed improvement. The decline in the state s unemployment rate over several months has been driven largely by a steep decline in the total Labor Force. But the Labor Force was barely down this month (-84), while total Employed increased (+242) and total unemployed decreased (+326). ....
Vermont's Unemployment Rate Decreases to 3.1 Percent in February einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Unemployment rate falls another tenth to 3.1 percent | Vermont Business Magazine vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.