Weekly unemployment results up and down again
Weekly unemployment claims fell to under 600 again as filings have been volatile for the last few months. For the week there were 594 new, regular benefit claims for Unemployment Insurance in Vermont. This is a decrease of 216 claims from the week before and is 12 more than last year's total.
Altogether 6,303 new and continuing claims were filed, a decrease of 274 from a week ago and 717 fewer than a year ago. The Department also processed 1,354 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 2 fewer than a week ago. In addition, there were 474 Second Tier claims for benefits processed under the EUC08 program, which is 51 fewer than the week before. The Tier II program of extended benefits is being discontinued in Vermont as the state's unemployment rate has been under the federal threshold for three months.
Vermont's unemployment rate increased one-tenth to 4.7 percent in June. This is the lowest rate in New England and fourth lowest in the US. SEE STORY