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VEDA Board elects new slate of officers

Sat, 11/17/2018 - 1:15pm -- tim

Vermont Business Magazine A new slate of elected officers will serve in leadership positions on the Vermont Economic Development Authority (VEDA) Board of Directors. "VEDA is fortunate to have such an experienced and dedicated Board," said Jo Bradley, VEDA's Chief Executive Officer. "We welcome the Board's newly-elected leadership, and deeply appreciate their work, and that of the entire Board, in helping to advance the Authority's economic development mission."

The newly elected VEDA Officers are:

Sodexo wants college students to support local food economy

Sat, 11/17/2018 - 4:41am -- tim

Vermont Business Magazine Food services company Sodexo organized and hosted the first-ever Taking Root Student Symposium to demonstrate the organization’s commitment to buying locally-sourced products in Vermont and to teach college students in the state what it means to chart a career in food. The symposium, which was held in partnership with the Vermont Agency of Agriculture and Vermont’s Farm to Plate, was just one of many strategies aimed at advancing Vermont’s local food economy through the Sodexo initiative, Vermont First.

SVC expands Good Neighbor scholarship to more schools in Massachusetts

Sat, 11/17/2018 - 3:29am -- tim

Vermont Business Magazine Southern Vermont College (SVC) in Bennington has expanded its Good Neighbor Scholarship once again in Massachusetts for qualified students at the Berkshire Arts and Technology (BART) Charter Public School in Adams and Hoosac Valley High School in Cheshire. The Good Neighbor Scholarship is a renewable scholarship of $11,000 per year. BART and Hoosac Valley join high schools in Bennington and Windham Counties in Vermont along with several schools in Northern Berkshire County, Mass., and select Rensselaer County schools in New York.

Flooring America gives $12,000 in materials to new veterans and responders wellness center

Sat, 11/17/2018 - 2:18am -- tim

Vermont Business Magazine The owner of Flooring America in Williston announced this week that he recently donated more than $12,000 in flooring materials and labor for a new mental health facility in the Champlain Valley. Owner David Evarts said this donation—the largest his business has made—was important to him because he believes in the mission of the Vermont Center for Responder Wellness.

Leahy introduces bill to reduce recidivism and help ex-offenders

Fri, 11/16/2018 - 4:16pm -- tim

Vermont Business Magazine US Senators Rob Portman (R-Ohio) and Patrick Leahy (D-Vermont) on Thursday introduced their Second Chance Reauthorization Act, bipartisan legislation to reauthorize and amend the Second Chance Act, a law that supports state and local reentry programs to reduce recidivism.  Then-Congressman Portman originally authored the Second Chance Act with the late-Congresswoman Stephanie Tubbs Jones, and it was signed into law in 2008.

Governor’s Marijuana Advisory Commission begins 'listening tour' Nov 26

Fri, 11/16/2018 - 4:03pm -- tim

Vermont Business Magazine The Governor’s Marijuana Advisory Commission will host a listening tour throughout Vermont in order to provide Vermonters an opportunity for public comment on the draft reports produced by the Commission’s Subcommittees on Roadway Safety, Education and Prevention and Taxation and Regulation earlier this week. The tour begins November 26 in Rutland and runs in five sites. It concludes December 6 in White River Junction.

PAI: Vermont’s workforce can’t get much traction

Fri, 11/16/2018 - 3:38pm -- tim

Public Assets Institute Vermont’s labor force grew for the first six months of the year but has shrunk since June, for a net gain of almost 1,200 people in 2018. It’s a familiar pattern, but largely a downward one: About 15,000 fewer Vermonters are working or actively seeking jobs now than at the peak in April 2009. Based on annual data, Vermont is one of only a dozen states where the workforce was smaller in 2017 than it was before the recession.

Unemployment rate falls back to 2.8 percent in October

Fri, 11/16/2018 - 1:10pm -- tim

by Timothy McQuiston, Vermont Business Magazine The Vermont Department of Labor announced today that the seasonally-adjusted statewide unemployment rate for October was 2.8 percent. This reflects a decrease of one-tenth of one percentage point from the revised September rate. However, the lowered unemployment rate is largely due to a decline in the Labor Force, which shrunk by 1,127 workers. The number of Employed also fell, by 861. The only bright spot was a decrease in the number of unemployed by 266.

Weekly unemployment claims down to 510

Fri, 11/16/2018 - 11:13am -- tim

Vermont Business Magazine Weekly unemployment claims last week fell but are at a higher level than they've been for several months. For the week of November 10, 2018, there were 510 claims, 62 fewer than they were the previous week, and 29 fewer than they were a year ago. Altogether 3,014 new and continuing claims were filed, an increase of 243 from a week ago, but 215 fewer than a year ago. For most weeks of 2017 and 2018 claims have been lower than the year before. The last spike in claims came in late June (799 claims) during the end-of-school transition. Vermont, like the nation as a whole, is locked into a historically low period of unemployment.

CCV: A new generation

Fri, 11/16/2018 - 5:30am -- tim

by Katie Powers CCV Students at CCV-Winooski are getting a taste of the maker movement—which might sound trendy and abstract, but it’s actually pretty basic: it’s literally about making things. And these students are loving it for a pretty basic reason: they get to work with their hands, turning their ideas into reality.

Stowe and Okemo resorts to open November 16

Thu, 11/15/2018 - 4:59pm -- tim

Vermont Business Magazine A combination of world-class snowmaking and strong early-season snowfall will allow both Stowe and Okemo Mountain Resort to open earlier than in most prior years, on Friday, November 16. Vermont is expected to get upwards of a foot of new snow Thursday night. Stowe will offer top-to-bottom skiing and riding with over 2,000 vertical feet of continuous terrain off of the Four Runner Quad chairlift on Mount Mansfield, Vermont’s highest peak.