Vermont unemployment rate higher than national average - VT Business Magazine

Vermont’s April unemployment rate was 15.6, about a point higher than the national average.

“The seasonally-adjusted Vermont data for April show the Vermont civilian labor force increased by 9,154 from the prior month’s revised estimate. The number of employed persons decreased by 34,813 and the number of unemployed persons increased by 43,967. The changes to the labor force, the number of unemployed persons, the unemployment rate and the number of employed persons were statistically significant in the seasonally-adjusted series.

The April unemployment rates for Vermont’s 17 labor market areas ranged from 13.1 percent in White River Junction to 24.1 percent in Derby and Morristown-Waterbury (note: local labor market area unemployment rates are not seasonally-adjusted). For comparison, the April unadjusted unemployment rate for Vermont was 16.8 percent, which was an increase of thirteen and four-tenths percentage points from the revised unadjusted March level and an increase of fourteen and three-tenths percentage points from a year ago.”



Read the Full Story at:


(click logo to be directed to the story)

 

Comment Below... And find more stories on Water Cooler


Be the first to comment

Please check your e-mail for a link to activate your account.