Weekly unemployment claims plunge after three weeks of increases

first_imgThere were 889 new regular benefit claims for Unemployment Insurance last week, a decrease of 764 from the week before. Altogether 11,520 new and continuing claims were filed, a decrease of 733 from a week ago and 1,931 fewer than a year earlier. The Department also processed 1,990 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 18 fewer than a week ago. In addition, there were 834 Second Tier claims for benefits processed under the EUC08 program, which is a decrease of 27 from the week before. The Unemployment Weekly Report can be found at: http://www.vtlmi.info/(link is external). Previously released Unemployment Weekly Reports and other UI reports can be found at: http://www.vtlmi.info/lmipub.htm#uc(link is external)  Vermont’s unemployment rate continued to fall. The March 2011 rate was 5.4 percent. See story HERE.last_img

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