Vermont’s Unemployment Rate Remained at 2.2 Percent in September

FOR IMMEDIATE RELEASE

Contact: 
Mathew Barewicz, E & LMI Director, Department of Labor
802-828-4153 | mathew.barewicz@vermont.gov

Vermont’s Unemployment Rate Remained at 2.2 Percent in September

Today, the Vermont Department of Labor released data on the Vermont economy for the time period covering September 2024. According to household data, the seasonally-adjusted statewide unemployment rate for September was 2.2 percent. This reflects no change from the prior month’s revised estimate. The civilian labor force participation rate was 65.7 percent in September, no change from the prior month’s revised estimate.

“The topline data continues to reflect steady economic growth, with this release showing that job gains over the past year have been concentrated in three key sectors of Vermont's economy: Professional & Business Services, Health Care & Social Assistance, and Accommodation & Food Services. These industries are experiencing rising demand and require diverse skills to fill the growing workforce needs.

Vermont's range of job opportunities remains broad, and the Department of Labor is dedicated to supporting employers and job seekers. This past month the Department celebrated Fall Job Fest season, welcoming more than nearly 1,000 job seekers, with over 100 employers across the state from Lyndonville to Bennington. To learn more about our services, visit https://labor.vermont.gov/workforce-development.” - Michael Harrington, Commissioner

The Vermont seasonally-adjusted unemployment rate held steady at 2.2 percent in September. The comparable United States rate in September was 4.1 percent, a decrease of one-tenth of one percentage point from the revised August estimate. The seasonally-adjusted Vermont data for September show the Vermont civilian labor force decreased by 18 from the prior month’s revised estimate (see Table 1). The number of employed persons decreased by 210 and the number of unemployed persons increased by 192. None of the changes were statistically significant in the seasonally-adjusted series.

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To view the full release, visit vtlmi.info.