The figures represent a reduction in the employment rate by 2/10ths of a percent from December’s revised estimated figure of 4.9%. The rate of nationwide unemployment was 7.9% for the month of January signifying an increase by 1/10th percent from the month of December, 2012.
With the publication of these new figures, it is now straight six months that Vermont has achieve the ecstatic feat of not incurring an increase in the unemployment rate. As a matter of fact, rate of unemployment of Vermont is not tied for 4th lowest in the country. The annual rate of employment for Vermont was 5.0% for the year 2012. The trend of reduction in unemployment continues as the state lodged an unemployment rate of 4.7% for the first month of the New Year.
An addition of 300 jobs has been recorded in the month of January. Percent-wise increase in jobs includes new jobs in Finance dept. (1.7%), education & health services (0.7%).