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Weekly unemployment claims fall slightly but still elevated | Vermont Business Magazine

Weekly UI Report Regular weekly UI claims in Vermont last week decreased by 13 to 990 (up 544 from the same time last year, which was before the pandemic hit). Claims had fallen for five consecutive weeks before jumping up again two weeks ago. As for ongoing jobless claims, for the week ending February 20, 2021, the Labor Department processed 13,185 claims, up 95 from the previous week and 7,520 more than the same time last year. As for further comparison, initial Vermont claims for the week of March 21, 2020 (the first full week of the pandemic in Vermont), were 3,784, up 3,125 from the week of March 14. Labor Commissioner Harrington has said at Governor Scott s media briefings that the new federal stimulus and unemployment money will help Vermonters, even though the unemployment rate is on paper at the same level as it was just before the pandemic led to historic unemployment levels.

COVID-19 Turns One: Lessons Learned from a Global Health Crisis

on By Rob Nichols As impossible as it is to believe, we have been living in a global pandemic for an entire year with March 11 marking the anniversary of the World Health Organization’s declaration of a coronavirus pandemic. What began as a headline from a distant corner of the world quickly became a worldwide health crisis that continues to wreak havoc on our way of life and has, unfortunately, claimed the lives of too many of our fellow citizens. As I reflect on the last twelve months and the incredible changes that occurred virtually overnight to keep our society moving in the face of perilous uncertainty, I am filled with a deep sense of pride in how the banking industry stepped up to help make that happen. It speaks to the “can-do” spirit of America’s 2 million bank employees that as the world was shutting down, as daily routines were being upended, bankers embraced their role as economic first responders and got to work extending aid that helped keep individua

The Federal Reserve is enabling Biden and Congress destructive agenda -- Puppet Masters -- Sott net

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