The Vermont Department of Labor is aware of fraudulent communications sent by text and email that state: ‘
We noticed an error with your Unemployment Claim,’ and prompt the recipient to ‘
Review your Claim’. Links in these fraudulent communications lead to a fraudulent website that appears similar the Online Claimant Portal. See the image below for more detail.
Reminders for Claimants
Do not click links from suspicious emails or text messages, or provide any information. If you are not sure if the communication is legitimate, please call the Department of Labor s UI Call Center to verify that it is the Department and not a fraudster.
Wed, 05/26/2021 - 3:38pm tim
by Jack Hoffman, Public Assets Institute Nearly half of the governors 23 and counting have decided to end federal supplemental unemployment benefits for workers in their states. Evidently, they never heard the old adage: Don’t cut off your nose to spite your face. In these bizarre times, I guess we have to be grateful that Governor Scott was raised with more common sense.
Despite the pandemic with the business shutdowns, layoffs, school closures, illness, and all of the other things that kept so many people out of work personal income in Vermont actually grew in 2020. It rose to $36.56 billion from $34.50 billion the previous year. That was a 6 percent increase the biggest since 2006 and all of the growth was due to unemployment benefits and to refundable tax credits.
The statement, addressed to Seth Andrew, then DBF s CEO, in Marlboro, lists a SBA Cares Act PPP Grant (Unrealized) in the amount of $943,365 as a current asset as of December 31, 2020.
As a liability, the statement also lists a slightly larger amount – apparently the PPP loan total plus a small amount of interest. The former figure represents what DBF will receive if its application to SBA for forgiveness of the loan receives the agency s approval: The loan would then become a grant.
Documentation obtained by VBM appears to indicate that DBF applied for the forgiveness in April. The status of that application is uncertain. Accessed on May 20, federalpay.org reports that the loan, issued through JP Morgan Chase Bank, has been disbursed by the lender and has not yet been fully repaid or forgiven. The SBA database provides no information on the question.
Economy stronger than expected, but uncertainty sits on the horizon vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.
Fri, 05/21/2021 - 10:44am tim
Vermont Business Magazine According to household data released by the Vermont Department of Labor today, the seasonally-adjusted statewide unemployment rate for April was 2.9 percent. This reflects no change from the prior month’s revised estimate. The comparable United States rate in April was 6.1 percent, which was an increase of one-tenth of one percentage point from the revised March estimate. Vermont has the fifth lowest rate in the nation, one-tenth behind Nebraska, New Hampshire, South Dakota and Utah. Last month Vermont was tied for lowest.
Labor Commissioner Michael Harrington said: “It’s important to look at this month’s report with a bit of historical context. We are now 12 months from the worst part of the current recession. In April 2020, there were fewer than 200,000 private-sector jobs, a decline of over 60,000 from April 2019. Due in part to the steep decline last spring, this month’s employment numbers as reported by Vermon