FOR IMMEDIATE RELEASE
June 16, 2023
Contact:
Kevin Stapleton, E & LMI Assistant Director, Department of Labor
802-318-5941 | kevin.stapleton@vermont.gov
Vermont’s Unemployment Rate Decreased to 2.1 Percent in May
Today, the Vermont Department of Labor released data on the Vermont economy for the time period covering May 2023. According to household data, the seasonally-adjusted statewide unemployment rate for May was 2.1 percent. This reflects a decrease of three-tenths of one percentage point from the prior month’s revised estimate. The civilian labor force participation rate was 63.7 percent in May, unchanged from the prior month.
Commissioners Message
“Every summer, employers across Vermont hire thousands of workers for jobs in Construction, Leisure & Hospitality, and Retail Trade, in addition to many other industries, and while Vermont’s seasonally-adjusted monthly employment figures fell in May, there are still more than two job openings for every unemployed Vermonter. Employers are searching for workers in every region of the state and the Department of Labor’s local workforce teams are eager to help match jobseekers with the many opportunities that exist.
Interested in finding employment or recruiting talented Vermonters? Reach out to one of the Department’s regional job centers today to learn how we can assist. A list of offices and contact information can be found at https://labor.vermont.gov/workforce-development/job-centers.”- Michael Harrington, Commissioner
To view the full press release, visit www.vtlmi.info