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January 1, 2021

Vermont unemployment rate declines again in February to 5.6 percent

first_imgVermont Seasonally Adjusted Nonfarm Employment in ThousandsBY NAICSPrelim.RevisedRevisedChange From:% Change From: Current Employment Statistics Program (CES). Produced by the Vermont Department of Labor in cooperation with the U.S Bureau of Labor Statistics.  Total – Nonfarm114,400113,100111,3001,3003,1001.12.8        Changes From Feb-11Jan-11Feb-10Jan-11Feb-10Jan-11Feb-10Total – Nonfarm304,100303,600295,8005008,3000.22.8   Private Industries249,900249,300241,3006008,6000.23.6    Construction13,70013,70013,50002000.01.5    Manufacturing31,30031,50030,400-200900-0.63.0      Durable Goods22,30022,40021,400-100900-0.44.2      Non-Durable Goods9,0009,1009,000-1000-1.10.0 Trade, Transportation & Utilities56,90056,60055,4003001,5000.52.7   Wholesale Trade9,5009,3009,3002002002.22.2   Retail Trade 39,00038,90037,7001001,3000.33.4   Trans., Warehousing & Utilities8,4008,4008,400000.00.0 Financial Activities12,50012,50012,20003000.02.5    Professional & Business Services24,50023,90022,7006001,8002.57.9      Professional., Scientific & Technical14,50014,10013,4004001,1002.88.2      Administrative Support & Waste9,7009,3008,4004001,3004.315.5 Education & Health Services60,10059,40059,1007001,0001.21.7   Private Ed. Services12,80012,70012,6001002000.81.6   Health Care & Social Assistance47,30046,70046,5006008001.31.7    Leisure & Hospitality 35,10035,90032,100-8003,000-2.29.3      Arts, Entertainment & Recreation3,9004,0003,800-100100-2.52.6      Accommodation & Food Services31,20031,90028,300-7002,900-2.210.2 Other Services9,9009,9009,80001000.01.0  Total Government54,20054,30054,500-100-300-0.2-0.6     State Government17,50017,40017,50010000.60.0     Local Government30,10030,30030,300-200-200-0.7-0.7Burlington-S. Burlington MSA Total Labor Force363,600362,500360,6001,1003,000   Employment343,300341,800336,500       1,5006,800   Unemployment20,30020,80024,100-500-3,800   Rate (%)5.65.76.7-0.1-1.1Vermont’s labor force, employment and unemployment statistics are produced from a combination of a Statewide survey of households and statistical modeling.  The data are produced by the Local Area Unemployment Statistics Program (LAUS) a cooperative program with the US Department of Labor, Bureau of Labor Statistics and the Vermont Department of Labor.Unemployment Rates for States Unemployment Rates for States Monthly Rankings Seasonally Adjusted Feb. 2011p Rank State Rate1NORTH DAKOTA3.72NEBRASKA4.33SOUTH DAKOTA4.84NEW HAMPSHIRE5.45VERMONT5.66IOWA6.17WYOMING6.28HAWAII6.39VIRGINIA6.410OKLAHOMA6.511MINNESOTA6.712KANSAS6.813MARYLAND7.114MONTANA7.414WISCONSIN7.416MAINE7.517ALASKA7.618UTAH7.719ARKANSAS7.820LOUISIANA7.921PENNSYLVANIA8.022MASSACHUSETTS8.222NEW YORK8.222TEXAS8.225DELAWARE8.526NEW MEXICO8.727INDIANA8.828ILLINOIS8.929CONNECTICUT9.030WASHINGTON9.131NEW JERSEY9.231OHIO9.233ALABAMA9.333COLORADO9.335MISSOURI9.435WEST VIRGINIA9.437DISTRICT OF COLUMBIA9.538ARIZONA9.638TENNESSEE9.640IDAHO9.740NORTH CAROLINA9.742GEORGIA10.242MISSISSIPPI10.242OREGON10.242SOUTH CAROLINA10.246KENTUCKY10.446MICHIGAN10.448RHODE ISLAND11.249FLORIDA11.550CALIFORNIA12.251NEVADA13.6p = preliminary.NOTE: Rates shown are a percentage of the labor force. Data refer to place of residence. Estimates for the current month are subject to revision the following month. Program Update: Beginning with the production of March 2011 preliminary Current Employment Statistics data, the not seasonally adjusted and seasonally adjusted Statewide and Burlington-S. Burlington MSA will transition from the Vermont Department of Labor to the BLS. These data will be released on April 19th, 2011.  Concurrent with this transition, the BLS will implement several methodological changes to standardize the estimation approach across States. While these changes will reduce the potential for statistical bias in state and metropolitan area estimates, they may increase the month to month variability of the estimates.More detailed information on the changes to procedures for producing CES estimates is available on the BLS Web site at http://www.bls.gov/sae/cesprocs.htm(link is external). The Vermont Department of Labor announced today the seasonally adjusted statewide unemployment rate for February 2011 was 5.6 percent. This reflects the second straight month of a decrease of one-tenth of a percentage point to the statewide rate (i.e. the January unemployment rate was 5.7 percent) and a decrease of one and one-tenth of a percentage point from a year ago, February 2010. This is the lowest rate since November 2008. The US rate was down to 8.9 percent. Vermont had the fifth lowest rate in the nation (see table below).Looking back over recent years’ data, the last increase in the seasonally adjusted Vermont unemployment rate was in April 2009.  At that time the rate was 7.3 percent.  Since then the statewide unemployment rate has trended down to its current level of 5.6 percent. On another note of interest, February 2011 data marks a new all-time high for the size of the Vermont labor force.  For the past few months, the Vermont economy has reported a positive trend in both the total labor force and total employment.   ‘These numbers are encouraging even though Vermont is still experiencing the effects of elevated unemployment and under-employment compared to its long term economic history.  The Department of Labor is hopeful for positive news regarding Congressional decisions on the workforce development and training money that Vermont is hoping to receive in federal programs such as Workforce Investment Act, Youth Employment and Dislocated Worker programs,’ said Annie Noonan, Commissioner of the Vermont Department of Labor.Analysis of Job Changes by IndustryThe preliminary ‘not seasonally adjusted’ jobs numbers for February show an increase of 3,250 jobs when compared to the revised January numbers.  This reported over the month change does not include the 350 job decrease between the preliminary and the revised January estimates due to the inclusion of more data.  As detailed in the preliminary not seasonally adjusted February data, Total Private reports an increase of 1,500 jobs and Government reports an increase of 1,750 jobs.  In the private sector, the industry with the largest nominal increase was Education & Health Services with 1,300 jobs.  Construction reported the largest nominal decline (-600 jobs) in the not seasonally adjusted data.  Based on the preliminary February data, the annual rate of unadjusted job growth was a positive 2.8 percent.The seasonally adjusted data for February reports an increase of 500 jobs from the revised January data.  As with the ‘not seasonally adjusted’ data, this over the month change is from the revised January numbers which experienced a downward revision from the preliminary estimates (-300 jobs).  A review of the seasonally adjusted February numbers shows Vermont’s Private Industries with a job increase of 600 jobs.  Education & Health Services (+700 jobs) and Professional & Business Services (+600 jobs) reported the largest job gains.  Leisure & Hospitality (-800 jobs) and Manufacturing (-200 jobs) reported the largest job declines.  Total Government decreased by 100 jobs from the revised January counts.State of Vermont OverviewVermont’s seasonally adjusted unemployment rate decreased one tenth of a percent to 5.6 percent in February.   The underlying data showed increases to the labor force (+1,100) and total employment (+1,500) combined with a decrease to total unemployment (-500).  For comparison purposes, the United States seasonally adjusted unemployment rate for February showed a one tenth of a percent decrease to 8.9 percent.February unemployment rates for Vermont’s 17 labor market areas ranged from 3.8 percent in Warren-Waitsfield to 9.7 percent in Newport.  Local labor market area unemployment rates are not seasonally adjusted.  For comparison, the February unadjusted unemployment rate for Vermont was 6.0 percent, which was three-tenths of a percentage point lower than the revised January data and down one and three-tenths of a percentage point from a year ago.For details, please contact Mathew Barewicz at the Vermont Department of Labor at 802-828-4153 or [email protected](link sends e-mail) Notes: Statewide Total Nonfarm is a summed total and Wholesale Trade has been added as a seasonally adjusted series in 2011.           Mining & Logging and Information are not published seasonally adjusted because the seasonal component, which is                  small relative to the trend-cycle and irregular components, cannot be separated with sufficient precision. February2011January2011February2010January2011February2010 Vermont Labor Force Statistics (Seasonally Adjusted) ESTIMATED NONFARM EMPLOYMENT IN VERMONTlast_img read more

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September 20, 2020

NF Railway SA in final at U-16 Inter Coaching Centre Cricket Tournament

first_imgOur Sports ReporterGUWAHATI: NF Railway SA reached the final of the U-16 Inter Coaching Centre Cricket tournament, organised by Navarang Club, by defeating Fairyland CCC by 7 wickets in the first semifinal at Judges’ Field today. Winning the toss Fairyland were bundled out for 83 in 27.5 overs.Bharat Gurung contributed unbeaten 24. Debangshu Ghosh and Sumit Kashyap claimed three wickets each. NFRSA reached the small target in 16 overs losing 3 wickets. Sumit scored unbeaten 31.Gauhati Town Club CC will face Guwahati CCC in the second semifinal tomorrow.Also Read: Sports Newslast_img

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