Weekly unemployment claims continue to spike after Irene

first_imgThere were 1,076 new regular benefit claims for Unemployment Insurance last week. While this is a decrease of 103 from the week before, this is still a very high level of claims as a result of the economic impact of tropical storm Irene. Two weeks previous saw a seasonal low of fewer than 500 claims. Altogether 6,800 new and continuing claims were filed, a decrease of 69 from a week ago and 578 fewer than a year earlier. The Department also processed 1,458 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 12 fewer than a week ago. In addition, there were 735 Second Tier claims for benefits processed under the EUC08 program, which is a decrease of 4 from the week before. 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 increased two-tenths in July to 5.7 percent. See story HERE.   Vermont Labor Force StatisticsSeasonally Adjusted July  2011 June  2011 July  2010 June  2011 July  2010  Total Labor Force359,800361,400360,200-1,600-400  Employment339,300341,500338,300-2,2001,000  Unemployment20,50019,90021,900600-1,400  Rate5.7%5.5%6.1%0.2-0.4 Change to         July 2011 from   last_img

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