Vermont unemployment rate holds steady

Print More

Vermont’s unemployment rate in April was unchanged at 3.3%.

Around the state the jobless rate ranged from 2.1% in Hartford to 5.8% in Newport. Those figures don’t reflect seasonal fluctuations in the economy.

Vermont’s labor commissioner says steady job growth was hindered by job losses in the leisure and hospitality industry for a second consecutive month.

The department says most of those job losses were related to ski areas that closed earlier than usual this winter.

Vermont’s seasonally adjusted labor force numbers also declined for a second month in a row. Labor Commissioner Pat McDonald says if this trend continues, it could indicate a tightening of the labor market caused by slow growth in the labor force and population.

Comments are closed.