Montpelier — The Vermont Department of Labor announced today that the seasonally adjusted unemployment rate for December 2008 was 6.4 percent, up seven-tenths of a point from the revised November rate and up 2.5 points from a year ago. The nation s job market deteriorated sharply in the fourth quarter and especially in December, said Patricia Moulton Powden, Commissioner of the Vermont Department of Labor. New estimation procedures indicate that Vermont s job market followed those national trends.The preliminary estimates of nonfarm jobs for December, and the revisions to the estimates for November, reflect substantive changes made in estimation procedures. These new procedures are designed to bring the aggregate monthly change in jobs for individual states into closer alignment with the change in national job counts reflected in the estimates produced and published by the Bureau of Labor Statistics. As a result of these changes, the November and December 2008 estimates are not totally comparable to previous months’ data. This will be resolved with the release of revised (benchmarked) numbers for 2007 and 2008 that will be published in March of 2009. For details of these changes, please contact Andy Condon at the Vermont Department of Labor at 802-828-4153 or [email protected](link sends e-mail).Job GrowthBefore seasonal adjustment, Total Non-Farm (TNF) jobs increased by 1,700 or 0.6% from November to December. An increase is typically expected as we move into the height of the holiday season and the beginning of the winter recreation season. However, the observed job increase was smaller than expected resulting in an annual loss of -6,000 jobs or -1.9%. The largest monthly seasonal increase was observed in Leisure & Hospitality, (4,250 or 14.3%). This was enough to keep annual job growth in the sector slightly positive. Large and unexpected monthly loses were seen in Construction (-1,250 or -8.2%), Retail Trade (-350 or -0.9%) and Other Services, (-450 or -4.6%).When seasonally adjusted, December job levels declined by -2,400 or -0.8% over November and by -5,800 or -1.9% from December of 2007. Only Leisure and Hospitality showed a seasonally adjusted increase in jobs over the month, (+500 or 1.5%).Employment GrowthVermont s unemployment rate grew to 6.4 percent in December as a result of a sharp increase in the number of unemployed (+2,500 to 22,700) and a corresponding decrease in employed Vermonters (-2,500 to 334,200). Vermont s observed December seasonally adjusted employment, unemployment levels and unemployment rate were statistically significant. For comparison purposes, the US seasonally adjusted unemployment rate for December was 7.2 percent, up four-tenths of a point from November 2008. Unemployment rates for Vermont s 17 labor market areas ranged from 3.3% percent in Hartford to 9.8% percent in Newport. Local labor market area unemployment rates are not seasonally adjusted. For comparison, the December unadjusted unemployment rate for Vermont was 6.0 percent, up six-tenths of a point from November 2008 and up 2.3 points from a year ago.
Last Updated: 18th October, 2019 22:50 IST Manju Rani: “Was Confident About Medal As I Had A Good Training” Manju Rani says she was certain about winning her silver medal at the World Boxing Championships SUBSCRIBE TO US Session ID: 2020-09-09:a497f1c9d0cf86485a2aea5d Player Element ID: video_player_5f5847a7a602b OK Close Modal DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreen Manju Rani says she was certain about winning her silver medal at the World Boxing Championships First Published: 18th October, 2019 22:50 IST Digital Desk FOLLOW US 10 months ago Indian Idol 11: Neha Kakkar forcibly kissed by contestant on stage WATCH US LIVE 10 months ago YouTube says consumption of videos in Indian languages growing WE RECOMMEND 10 months ago Indian Navy committed to enhance cooperation with like-minded navies: Admiral Singh 10 months ago Mumbai: Best places to try scrumptious South Indian dishes in the city LIVE TV COMMENT 10 months ago Kashmiri youth send clear message: ‘I am as Indian as you are’ Written By Video Player is loading.Play VideoPlayMuteCurrent Time 0:00Loaded: 0%Duration 0:00Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio TrackQuality LevelsFullscreenThis is a modal window. This video is restricted from playing on your current domain Error Code: PLAYER_ERR_DOMAIN_RESTRICTED
Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew BINAN, Laguna—Former national team standout OJ Porteria bagged a brace as Ceres Negros asserted its mastery of Stallion Laguna, 6-2, Wednesday night to firm up its hold of top spot in the Philippines Football League at Biñan Football Stadium.The Busmen also got goals from Kevin Ingreso, Mike Ott and Patrick Reichelt, before a second half own goal from Reynaldo Villareal completed the scoring as Ceres rolled to an eighth win in nine outings.ADVERTISEMENT Winfrey details her decision to withdraw from Simmons film MOST READ Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award LATEST STORIES Sera-Josef shines as Chiefs add to Bombers’ woes Nadine Lustre’s phone stolen in Brazil Dave Chappelle donates P1 million to Taal relief operations China population now over 1.4 billion as birthrate falls Volcano watch: Island fissures steaming, lake water receding In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Ceres increased its haul to 24 points, eight clear of Kaya Iloilo which has also played one more match than the Busmen.Davao, which plays Kaya this weekend, remained in third with 14 points, while Stallion and JPV Marikina are level fourth with nine points each.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownJPV earlier snapped a seven game losing streak after a 3-1 thumping of Global Cebu.Goals from Keigo Moriyasu and Ryuki Kozawa and Kennedy Uzoka ensured maximum points for the Japanese-backed side. Don’t miss out on the latest news and information. Steam emission over Taal’s main crater ‘steady’ for past 24 hours Bracing for a tough schedule in June, the Busmen settled early with Reichelt scoring eight minutes into the match.Porteria doubled the advantage two minutes later with a close range strike, before Ott and Ingreso got on the scoresheet. It was already 6-nil before Stallion grabbed consolation goals through Abou Sy and Fitch Arboleda.Sports Related Videospowered by AdSparcRead Next Jury of 7 men, 5 women selected for Weinstein rape trial View comments