Press Release: VT Department of Labor August Jobs Report
FOR IMMEDIATE RELEASE September 20, 2019
Mathew Barewicz, E & LMI Chief
State of Vermont
Department of Labor
Vermont’s Unemployment Rate Holds Steady
Today, the Vermont Department of Labor released data on the Vermont economy for the time period covering August 2019. According to household data, the seasonally-adjusted statewide unemployment rate for August was 2.1 percent. This reflects no change from the revised July rate. The release of the new data on Vermont households disrupts the previous trend of eight consecutive months of rising number of employed persons and rising labor force.
“Vermont’s unemployment rate continues to be among the lowest in the country. While this is good news for job seekers because it means there are employers hungry for talent, it does not necessarily mean finding meaningful work is easy. It takes hard work and determination, and even then, that may not be enough. Across the state, each of our regions is unique. Some regions suffer from a shortage of workers, while others a shortage of jobs, and in many of these same regions job seekers and employers also face challenges with transportation, housing, and childcare. It is these barriers to employment that take the task of finding work and make it unattainable for so many. The Department of Labor, and its staff, are committed to removing these barriers so that job seekers have an easier time finding well-paying jobs in high-demand areas,” said Labor Commissioner Michael Harrington.
View the full press release at: http://www.vtlmi.info/press.pdf