Vermont unemployment rate hits a record low 2.9 percent in September

VTDIGGER.ORG

Vermont’s unemployment rate in September dropped to 2.9 percent, the lowest rate in more than a decade.

“The last time the unemployment rate was this low was below 3 percent was in December 2000,” Lindsay Kurrle, the commissioner of the Vermont Department of Labor, said in a press release. “Needless to say, employers are looking for workers at all levels. Students, career changers, re-entrants to the labor market—whatever your individual situation, there are opportunities for you in Vermont.”

One of just 11 states where the unemployment rate dropped from August to September, Vermont’s rate remains lower than the national rate of 4.2 percent. Vermont’s unemployment rate in August was 3 percent.

Only six states had lower September unemployment rates: North Dakota (2.4 percent), Colorado and Hawaii (2.5 percent), Idaho and Nebraska (2.8 percent), and New Hampshire (2.7 percent), according to the U.S. Bureau of Labor Statistics.

Also from August to September, Vermont’s civilian labor force increased by 350 people, and the number of people employed increased by 650, according to the Vermont Department of Labor. The number of unemployed also decreased by 300 people.

Vermont’s lowest unemployment rates by region continue to be in White River Junction (2.3 percent) and the Burlington-South Burlington area (2.4 percent). The highest unemployment rates by region are in the Derby and Bennington areas (4.3 percent). Those numbers are not seasonally adjusted.

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