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Weekly unemployment claims edge down to near recent low | Vermont Business Magazine

Weekly unemployment claims edge down to near recent low | Vermont Business Magazine
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.

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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. ....

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Weekly unemployment claims keep falling, now under 800

1099 Processing Incident Statement from Vermont Department of Labor:
▪ The Department has created a 1099-G incident webpage summarizing the incident,as well as an FAQ document for claimants to reference. This information can be found at https://labor.vermont.gov/1099-incident-updates.
▪ We have identified the impacted populations which include primarily the LWA and VSTS 1099-Gs. However, out of an abundance of caution, we are recalling all 1099-G documents issued by the Department, regardless of whether the information is believed to be accurate.
▪ Many Vermonters are uncertain as to whether their information was compromised by this incident. To be safe, we are extending identity protection to all claimants who filed a claim with the Department during 2020, regardless of their level of exposure. Additional information about ID protection services can be found below. ....

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Weekly unemployment claims continue to slide, now under 1000

By Timothy McQuiston, Vermont Business Magazine Regular weekly unemployment claims last week fell by 157, and were under 1,000 for the first time this year and the first time since last fall. Numbers increased nationally, which was not expected. Economists suggest 2021 is off to a sluggish start. ....

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