Unemployment rate jumps percentage point

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Vermont’s unemployment rate jumped three-tenths of a percentage point from June to July and four-tenths of a point from last year.

The state Department of Labor reported a seasonally adjusted unemployment rate of 4.1 percent, compared to a national rate of 4.6 percent.

Between June and July, employment fell by 6 percent while the number of unemployed rose.

Although the numbers are not statistically significant, the labor commissioner says the department will be watching them closely to determine whether they resulted from temporary factors such as poor weather and summer vacation shutdowns, or if there was a softening in the state’s employment picture.

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