Vermont Business Magazine Weekly unemployment claims in Vermont rose above 400 last week, but remain low, consistent with typically low summer totals. There were 410 new, regular benefit claims for Unemployment Insurance in Vermont, an increase of 22 from the previous week’s total and 22 fewer than they were a year ago. Generally, claims have been running below last year’s totals.Altogether 4,391 new and continuing claims were filed, an increase of 35 from a week ago, and 385 fewer than a year ago. The Department processed 0 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08). The total for all programs was 4,391 claims, 35 more than last week, and 391 fewer than the same time last year.For the week by industry, Services claims were about the same in number as the prior week but still represent the preponderance of claims for any one sector, representing 51 percent of all claims. Manufacturing claims were down from the prior week and from last year both in number and percentage, while Construction claims were up slightly as a percentage of the total and in actual numbers of claims. The Unemployment Weekly Report can be found at: http://www.vtlmi.info/(link is external). Previously released Unemployment Weekly Reports and other UI reports can be found at: http://www.vtlmi.info/lmipub.htm#uc(link is external)Vermont’s unemployment rate held at 3.6 percent in June, as total employment grew and unemployment fell. SEE STORY.NOTE: Employment (nonfarm payroll) – A count of all persons who worked full- or part-time or received pay from a nonagricultural employer for any part of the pay period which included the 12th of the month. Because this count comes from a survey of employers, persons who work for two different companies would be counted twice. Therefore, nonfarm payroll employment is really a count of the number of jobs, rather than the number of persons employed. Persons may receive pay from a job if they are temporarily absent due to illness, bad weather, vacation, or labor-management dispute. This count is based on where the jobs are located, regardless of where the workers reside, and is therefore sometimes referred to as employment “by place of work.” Nonfarm payroll employment data are collected and compiled based on the Current Employment Statistics (CES) survey, conducted by the Vermont Department of Labor. This count was formerly referred to as nonagricultural wage and salary employment.
Daily Postcard: View around noon Thursday on the way to Albuquerque showing a monster snow storm hovering over Los Alamos. Photo by Ken Hanson