Weekly unemployment claims drops under 500

first_imgNew unemployment claims fell to under 500 after a two-week spike. For the week of October 19, 2013, there were 495 new, regular benefit claims for Unemployment Insurance in Vermont. This is a decrease of 116 from the previous week’s total, and 247 fewer than they were a year ago.Altogether 4,341  new and continuing claims were filed, an increase of 127 from a week ago and 701 fewer than a year ago. The Department also processed 676 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), the same number as a week ago.In addition, there were 15 Second Tier claims for benefits processed under the EUC08 program, which is 4 fewer than the week before. The Tier III program of extended benefits is being discontinued in Vermont as the state’s unemployment rate has been under the federal threshold for more than three months.  The total for all programs was 5,040 claims, 120 more than last week but 1,391 fewer than the same time last year.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 stayed at 4.6 percent in August; the release of the September rate has been delayed because of the federal shutdown. SEE STORY.last_img

Published by

Leave a Reply

Your email address will not be published. Required fields are marked *