Vermont unemployment ticks up in May - WCAX.COM Local Vermont News, Weather and Sports-

Vermont unemployment ticks up in May

Posted: Updated:

MONTPELIER, Vt. (AP) - The Vermont Department of Labor says the state's unemployment rate ticked up one-tenth of 1 percent in May to 4.1 percent.

Officials say the increase is consistent with national trends in which the rate increases because more people are looking for work.

The Vermont numbers released Friday do not take into account layoffs at the Essex Junction IBM facility.

May unemployment rates for Vermont's 17 labor market areas ranged from 2.8 percent in Hartford to 5.9 percent in Newport.

The rate compares with a rate of 4 percent in April and 4.7 percent in May 2012.

Vermont's unemployment rate was the third lowest in the country. It compares to a national unemployment rate of 7.6 percent.

Click here for all the figures from the Vt. Department of Labor.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.