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Vermont unemployment rate falls to 2.9 percent | Vermont Business Magazine


Fri, 04/16/2021 - 10:40am tim
by Timothy McQuiston, Vermont Business Magazine The Vermont seasonally-adjusted unemployment rate fell again and at 2.9 percent in March is back under 3 percent for the first time since just before the pandemic hit in early 2020. The Vermont Department of Labor released the report Friday morning. The rate reflects a decrease of one-tenth of one percentage point from the prior month’s revised estimate of 3.0 percent. It was revised down from 3.1 percent. Vermont now is tied for the lowest rate in the nation with three Western states (
see table below). New Hampshire was next at 3.0 percent.
The data also showed improvement. The decline in the state s unemployment rate over several months has been driven largely by a steep decline in the total Labor Force. But the Labor Force was barely down this month (-84), while total Employed increased (+242) and total unemployed decreased (+326).  ....

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Pamplin Media Group - State loses 25,500 jobs as COVID-19 hammers industries


January 20 2021
Ten months into the pandemic, Oregon has regained just 37% of the jobs lost in this recession.
Oregon lost about 25,500 jobs in December as the state s unemployment rate rose to 6.4% last month.
State employment department officials said Wednesday, Jan. 20, that December s job losses came after the state gained about 2,100 jobs in November. Oregon s unemployment rate in November was 6%.
December s job losses reflect the devastation COVID-19 continues to inflict on the lives and livelihoods of Oregonians, said Gail Krumenauer, Oregon Employment Department economist. Ten months into the pandemic, Oregon has regained just 37% of the jobs lost in this recession.
Officials said the state s leisure and hospitality industry lost the most jobs last month, about 28,600. Several other industries also cut at least 800 jobs in December, including private educational services (down 1,700 jobs), government (down 1,300), wholesale trade (down 1, ....

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