Press Release: VT Department of Labor June 2019 Unemployment and Jobs Report
Vermont’s Unemployment Rate Holds Steady
Today, the Vermont Department of Labor released data on the Vermont economy for the time period covering June 2019. According to household data, the seasonally-adjusted statewide unemployment rate for June was 2.1 percent. This reflects no change from the revised May rate. Since the U.S. Bureau of Labor Statistics online historical series started in 1976, the current seasonally-adjusted estimate of the number of unemployed Vermonters (7,245) as well as the statewide seasonally-adjusted unemployment rate are at historically low levels.
“Estimates show seven consecutive months of growth in the Vermont labor force and the reported June estimate is the highest since early 2014. This growth has been driven by increases in the number of employed Vermonters, as the number of unemployed continues to fall. Preliminary research conducted by the Department indicates that over 40% of surveyed Vermont employers have at least one job vacancy. The Vermont Department of Labor provides core business support services to employers – both helping with applicant pre-screening services and offering training support. The Department’s regional staff are spread throughout the state in our 12 regional offices and are also working one-on-one with individuals on a daily basis looking for work or to acquire job skills. I encourage both businesses and individuals to reach out to our offices for assistance,” said Labor Commissioner Lindsay Kurrle.
Read full press release: http://www.vtlmi.info/press.pdf