State's unemployment rate up 0.1 percent
July 20,2012
Vermont’s unemployment rate increased 0.1 percent in June to 4.7 percent, the state Department of Labor reported Friday.
The national unemployment rate in June was 8.2 percent.
“The unemployment rate ticked up slightly during the month of June, by one-tenth of 1 percent, even though Vermont had positive job growth in June,” Labor Commissioner Annie Noonan said. “The job gains did not overcome the seasonal adjustment factors that are expected during this time of year, including the largest impact this time of year - school layoffs for summer.”
June unemployment rates for Vermont’s 17 labor market areas ranged from 3.4 percent in Hartford to 7 percent in Newport (local labor market area unemployment rates are not seasonally adjusted).