Monthly Archives

July 2018

Josh Kendall
In Unemployment Reports

Unemployment Weekly Claims Report for the W/E June 23, 2018

The Unemployment  Insurance  Weekly  Claims  report for  the  week  ending  June  23, 2018 has been released by the Department of Labor.

  • Seasonally adjusted initial claims: 227,000
  • 4 week moving average: 222,000
  • Seasonally adjusted insured unemployment rate: 1.2%
  • Seasonally adjusted insured unemployment number: 1,705,000
  • 4-week moving average: 1,719,500
  • Number of unadjusted claims: 222,447
  • Unadjusted insured unemployment rate: 1.1%
  • Unadjusted number claiming UI benefits: 1,583,885

The full news release report can be downloaded here

Josh Kendall
In Regional

Vermont: Lowered UI Taxes

Unemployment insurance taxes in the state of Vermont are being reduced for the second year in a row. The state was moved into a Tax Rate Schedule 4 in the summer of last year and this year is moving into a Schedule 3. The highest rates will be lowered to 6.5 percent and the lowest rates will go down to 0.8 percent.

The current maximum weekly benefit amount of $466 will also be increasing to $498. Additionally, the move to a Schedule 3 reduces the taxable wage base in the state by $2,000 in the new year.