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Press Release: Vermont’s Unemployment Rate Increases to 2.5 Percent in November

December 16, 2022

FOR IMMEDIATE RELEASE
December 16, 2022
Contact:
Mathew Barewicz, E & LMI Director, Department of Labor
802-828-4153 | Mathew.Barewicz@vermont.gov

Vermont’s Unemployment Rate Increases to 2.5 Percent in November

Today, the Vermont Department of Labor released data on the Vermont economy for the time period covering November 2022. According to household data, the seasonally-adjusted statewide unemployment rate for November was 2.5 percent. This reflects an increase of two-tenths of one percentage point from the prior month’s revised estimate. The civilian labor force participation rate was 61.7 percent in November, unchanged from the prior month. 

“While November’s data shows an increase in Vermont’s unemployment rate from 2.3% to 2.5%, this rate is still incredibly low for Vermont. Additionally, the number of available jobs remains high, with approximately three open jobs for every one jobseeker. If you are a recently displaced worker, or an employer preparing to downsize, the Department of Labor is able to assist with obtaining benefits, identifying new employment, or assisting with a career change and training. There are amazing job opportunities available all across our state at some really amazing employers. Go to www.VermontJobLink.com to view more than 11,500 jobs and if you are interested in learning more about working with the Department, as an individual or as an employer, visit us online at www.Labor.Vermont.gov/Jobs for information on events and services.”
~ Michael Harrington, Commissioner

To view the full press release click here or got to www.vtlmi.info.