Weekly unemployment claims dip for third week

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Weekly unemployment claims dip for third week

Fri, 03/30/2012 - 4:53am -- tim

Weekly unemployment claims in Vermont decreased for the third straight week, as March results moved closer to February's relatively low levels. Last week there were 874 new regular benefit claims for Unemployment Insurance in Vermont last week. This is a decrease of 10 claims from the week before and is 57 higher than last year's total.
Altogether 9,687 new and continuing claims were filed, a decrease of 454 from a week ago and 2,346 fewer than a year ago. The Department also processed 1,515 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 14 more than a week ago. In addition, there were 718 Second Tier claims for benefits processed under the EUC08 program, which is 13 fewer than 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's unemployment rate fell two-tenths to 4.9 percent in February. See story HERE.