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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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Weekly unemployment claims fall by nearly 400

Fri, 01/29/2021 - 1:21pm tim
by Timothy McQuiston, Vermont Business Magazine Weekly unemployment claims last week fell by more than 25 percent but remain at a historically high level. Numbers also fell nationally but also remain high. Economists also suggest the new year is off to a sluggish start.
Claims in Vermont last week decreased by 394 to 1,459 (up 941 from the same time last year, which was before the pandemic hit).
As for the week s ongoing jobless claims, for the week ending January 23, 2021, the Labor Department processed 14,367 claims, down 743 from the previous week and 8,863 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. ....

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Weekly unemployment claims stay high as new relief arrives

By Timothy McQuiston, Vermont Business Magazine Weekly unemployment claims last week continue to hold at a high level. This is happening in Vermont and nationally. This is generally explained by more people getting back into the system as the new federal economic relief plan has both extended the unemployment insurance benefits and increased the payout. However, economists ....

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Weekly unemployment claims jump again

Fri, 01/08/2021 - 1:27pm tim
by Timothy McQuiston, Vermont Business Magazine Weekly unemployment claims last week increased to their second-highest level since the early weeks of the pandemic after three weeks of declining numbers. The holiday season typically results in several swings in the data. Claims increased by 703 to 1,800 last week (and up 1,120 from the same time last year, which was before the pandemic hit).
As for the week s ongoing jobless claims, for the week ending January 2, 2021, the Labor Department processed 13,994 claims, up 2,809 from the previous week and 7,879 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. ....

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Weekly unemployment claims fall big after big spike, still high

Fri, 12/18/2020 - 4:48pm tim
by Timothy McQuiston, Vermont Business Magazine Weekly unemployment claims our on their typical holiday season roller coaster. Claims fell last week after the previous week s spike of 2,013, but have been trending up consistently the last two months. Claims fell 579 to 1,434 last week (up 895 from the same time last year).
As for the week s ongoing jobless claims, for the week ending December 12, 2020, the Labor Department processed 13,343 claims, down 608 from the previous week and 9,235 more than the same time last year.
As for further comparison, initial Vermont claims for the week of March 21, 2020, were 3,784, up 3,125 from the week of March 14. ....

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