Report: Vermont still has not bounced back from recession - WCAX.COM Local Vermont News, Weather and Sports-

Report: Vermont still has not bounced back from recession

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A new report shows that by many measures Vermont's economy still has not bounced back from the Great Recession.

The analysis by the Montpelier-based Public Assets Institute compares 2007 to 2011 and finds employers had 8,700 fewer people on their payrolls. The median family income, though back on the rise, was still $1,256 less than four years earlier. And the number of people relying on food stamps rose by 76 percent.

The study does not include 2012, when Vermont did see further recovery, including state tax collections finally exceeding prerecession levels and Vermont's unemployment rate remains one of the lowest in the country. But the study notes that Vermonters also are paying significantly more for health care, child care and college than they were just a few years ago.

Click here to read the full report, "State of Working Vermont 2012."

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