Vermont Unemployment Rate Holds Steady at 3.1 percent in May
The Vermont Department of Labor announced today that the seasonally-adjusted statewide unemployment rate for May was 3.1 percent. This reflects no change from the revised April rate (3.1 percent). The national rate in May was 4.3 percent. As of the prior month’s preliminary data, the Burlington-South Burlington Metropolitan NECTA was tied for the 12th lowest unemployment rate in the country for all metropolitan areas at 2.3 percent (not-seasonally-adjusted). Overall, Vermont’s unemployment rate was tied for the eighth lowest in the country for the same time period.