MONTPELIER, Vt. -
More than 1,200 Vermonters will most likely lose their extended unemployment benefits this week.
As of June 23, federal Tier 2 extended benefits will be phased out in the state. That's because Vermont's unemployment rate has dropped to 4.6 percent, which is below the federal threshold of 6 percent for Tier 2 benefits.
The move does not apply to people already receiving 14 weeks of Tier 2 benefits or those who become eligible by Sat., June 23.
"It's across the board the individuals vary in terms of demographics and the Vermont Department of Labor realizes that there are many individuals across a variety of trades unemployed and our regional resource centers are prepped and ready to assist any individual," said Tracy Phillips of the Vt. Labor Department.
Federal Tier 3 extended benefits were phased out last year.