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PAI: Jobs increase, but educational and digital divides persist

Sun, 10/23/2016 - 4:39pm -- tim

Public Assets Institute Unemployment rates in New England are mostly lower than in the US as a whole. But job growth in the region is mixed. This year through September, Vermont saw a 1.2 percent increase in private sector jobs—the same as the national average. Massachusetts and New Hampshire have been adding jobs faster than the US and the remaining New England states have lagged behind the national rate.

Rare lynx spotted in Southern Vermont

Sun, 10/23/2016 - 9:08am -- tim

Vermont Business Magazine A lone Canada lynx was photographed in the southern Vermont town of Londonderry this June, marking the first confirmed evidence of lynx in Vermont outside the Northeast Kingdom in decades. Lynx are listed as ‘threatened’ under the federal Endangered Species Act and ‘endangered’ in the state of Vermont. The lynx was photographed in the back yard of a rural Londonderry home. Biologists with the Vermont Fish & Wildlife Department confirmed the identification of the animal from the photos and visited the site to confirm the location of the photos.

Mayor Miro Weinberger’s public appearance schedule for October 24-28

Sun, 10/23/2016 - 8:50am -- tim

Monday, October 24
5:45 pm               Board of Finance meeting – Conference Room 12, City Hall
6:30 pm               Celebrate Burlington Awards Reception and 10th Anniversary of Parallel Justice – Church Street
7:00 pm               City Council meeting – Contois Auditorium, City Hall

Tuesday, October 25
No public appearances scheduled

Governor Peter Shumlin's Public Appearance Schedule Oct 24-28

Sun, 10/23/2016 - 8:32am -- tim

Monday, October 24


12:00 p.m. Present Governor’s Service Awards with SerVermont

Governor’s Ceremonial Office, State House, Montpelier

Tuesday, October 25 and Wednesday, October 26

No public appearances scheduled 

Thursday, October 27

Press Conference

Time and Location TBD

Friday, October 28

9:45 a.m. Attend Third Annual Vermont Treatment Court Conference

Vermont Law School, Chase Center, South Royalton

Ethan Allen comments on business in advance of Tuesday's Q1 2017 financial report

Sun, 10/23/2016 - 5:26am -- tim

Vermont Business Magazine Ethan Allen Interiors Inc (NYSE:ETH) commented today, in advance of its Fall Investor Meeting, on its financial results for the fiscal 2017 first quarter, which ended on September 30, 2016. Results will be reported October 25 and investor meeting will be held on October 26. With expanded offerings and advertising, both expenses and sales have increased. Ethan Allen has a major manufacturing plant in Orleans.

VPR Poll: Minter-Scott dead heat; trust high, except journalists

Sat, 10/22/2016 - 5:14am -- tim

Vermont Public Radio Who leads the race for president and the key statewide offices in Vermont? What are the top issues on voters' minds and how much do they trust some of Vermont's institutions? VPR has once again partnered with The Castleton Polling Institute to ask Vermonters what they think about the big issues facing our state and the choices voters face on November 8.

Supreme Court reverses lower court, denies Exit 1 development

Fri, 10/21/2016 - 6:47pm -- tim

Vermont Business Magazine The Vermont Supreme Court has reversed a lower court and denied an Act 250 permit for a proposed large commercial and retail development at the I-89 Exit 1 interchange near Quechee. The Vermont Natural Resources Board, together with the Two Rivers-Ottauquechee Regional Commission, appealed the lower court’s ruling. In its decision earlier today, a unanimous Court agreed with the Board and the Regional Commission that the proposed development conflicts with the regional plan.

People's United Financial releases Dodd-Frank stress test

Fri, 10/21/2016 - 3:54pm -- tim

Vermont Business Magazine People's United Financial, Inc (NASDAQ: PBCT) announced today the release of its 2016 company-run stress test results. In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, People's United is required to conduct annual stress tests ("DFAST") to assess the potential effect of hypothetical economic scenarios on earnings and capital.  The results of the Company's 2016 DFAST indicate that both People's United and its subsidiary, People's United Bank, N.A., will have the financial resources to successfully navigate a severe a

Vermont revises rules for maintaining water quality on logging jobs

Fri, 10/21/2016 - 3:50pm -- tim

Vermont Business Magazine An improved set of practices designed to protect water quality on logging jobs goes into effect as a revised rule tomorrow, October 22. The Acceptable Management Practices for Maintaining Water Quality on Logging Jobs in Vermont, or AMPs, are a set of practices designed to protect water quality by minimizing soil erosion and runoff during and after logging activity. The Vermont Department of Forests, Parks and Recreation revised the AMP rule as a requirement of Act 64, an act passed in 2015 to improve the quality of State waters.

Vermont jobless rate stays at 3.3 percent for September

Fri, 10/21/2016 - 11:17am -- tim

by Timothy McQuiston The unemployment rate was unchanged last month, but the key indicators were all slightly worse, as the labor force and employment both fell, while the number of jobless increased. The Vermont Department of Labor announced today that the seasonally-adjusted statewide unemployment rate for September was 3.3 percent, the same as the revised August rate. The national rate in September was 5.0 percent, up one tenth.

Weekly unemployment claims up again to modest level

Fri, 10/21/2016 - 11:15am -- tim

Vermont Business Magazine Weekly unemployment claims rose last week, as Manufacturing claims spiked. This was offset somewhat by a fall in claims for both the Service and Construction industries. After running at a very low level during the latter part of the summer, overall claims have edged up the last two weeks. For the week of October 15, 2016, there were 571 claims, up 123 from the previous week's total and 18 more than than they were a year ago.