Vermont unemployment rate moves up three-tenths to 5.2%

first_imgMontpelier — The Vermont Department of Labor announced October 21, 2008, that the seasonally adjusted unemployment rate for September 2008 was 5.2% percent, up three-tenths of a point from the revised August rate of 4.9% and up 1.3 points from a year ago.”The nation’s housing and financial services crisis continues to impact Vermont’s labor market,” said Patricia Moulton Powden, Commissioner of the Vermont Department of Labor. “Seasonally adjusted employment improved a bit in September, but the unemployment rate ticked up to 5.2%.”Before adjustment, Total Non-Farm jobs grew by 7,250 or 2.4% from August to September. Despite this growth, Total Non-Farm jobs remains down by 0.1%, or about 400 jobs, over the year. The Leisure and Hospitality sector showed its expected seasonal decline of 2,550 jobs or -7.3%. The Manufacturing and Construction sectors have contracted by 800 and 750 jobs respectively over the year.A large monthly seasonal gain came from state and local government as school support staffs return to work. And the Healthcare and Social Assistance sectors showed significant annual gains, growing by 950 jobs or 2.1% over the year.When seasonally adjusted, job levels increased slightly by 100 jobs over August, but still lag a year ago by 700 or -0.2%. Job losses were spread over most industry sectors with only Transportation, Warehousing & Utilities, (+300 / +3.5%), Health Care & Social Assistance, (+200 / +0.3%), and Other Services, (+100 / +0.6%) showing measurable growth in seasonally adjusted private sector jobs.Vermont’s observed seasonally adjusted monthly changes in employment, unemployment and unemployment rate are not statistically different from August values. For comparison purposes, the US seasonally adjusted unemployment rate for August was 6.1 percent, unchanged from August 2008. Unemployment rates for Vermont’s 17 labor market areas ranged from 3.0 percent in Hartford to 6.3 percent in Newport. Local labor market area unemployment rates are not seasonally adjusted. For comparison, the unadjusted unemployment rate for Vermont was 4.9 percent, up seven-tenths of a point from August 2008 and up 1.3 points from a year ago. Job counts decline slightly in September. Unemployment moves up three – tenths to 5.2%October 21, 2008 “The nation’s housing and financial services crisis continues to impact Vermont’s labor market.  Seasonally adjusted employment improved a bit in September, but the unemployment rate ticked up to 5.2%.” Patricia Moulton PowdenCommissioner of the Vermont Department of Labor September2008 August2008 September2007 Total Labor Force 353,300 351,100 352,600   Employment 334,900 333,800 339,000   Unemployment 18,300 17,300 13,600   Rate 5.2% 4.9% 3.9% Vermont Labor Force Statistics Seasonally Adjustedlast_img read more

Premier League clubs jostle for Barcelona’s Coutinho

first_imgFive Premier League clubs are battling to sign out-of-favour playmaker Philippe Coutinho from Barcelona this summer.Advertisement Loading… Chelsea, Manchester United, Leicester City Arsenal and Newcastle United are all said to be in the hunt for the Brazilian, as outlined by the front page of Thursday’s edition of El Mundo Deportivo.Bayern Munich – where Coutinho is on a season-long loan arrangement from Barcelona – have an option to buy the Brazil international for €120m at the end of the campaign but multiple reports suggest this will not be exercised.On Wednesday a report in ABC said Arsenal boss Mikel Arteta views Coutinho as a ‘fundamental pillar to his project’ at the club and will insist upon his signing this summer.It came on the same day that El Mundo Deportivo claimed that Newcastle have already spoken to Coutinho regarding a deal as they have made their interest official.It is even claimed that Newcastle, who are hopeful of a Saudi-backed takeover being completed in the coming weeks, want Mauricio Pochettino – who managed Coutinho at Espanyol – to replace the club’s current boss Steve Bruce.Read Also: Messi expresses heartbreak over Copa America postponementBarcelona are said to be keen on selling the former Liverpool star this year to raise vital funds, while the player is said to have little interest in returning to Inter or joining Paris Saint-Germain and instead is keen on a move to England.The Brazilian scored 21 goals in 76 outings for Barcelona after moving in a club record €160m fee from Liverpool in January 2018 but he has consistently flattered to deceive since.FacebookTwitterWhatsAppEmail分享 center_img Promoted ContentWho Is The Most Powerful Woman On Earth?Archaeologists Still Have No Explanation For These DiscoveriesEveryone Was Stunned To See How Little Anakin Looks Today10 Risky Jobs Some Women Do7 Things That Actually Ruin Your Phone2020 Tattoo Trends: Here’s What You’ll See This YearBirds Enjoy Living In A Gallery Space Created For ThemWhich Country Is The Most Romantic In The World?Why Do So Many Digital Assistants Have Feminine Names & Voices?The Very Last Bitcoin Will Be Mined Around 2140. Read More9 Facts You Should Know Before Getting A Tattoo11 Most Immersive Game To Play On Your Table Toplast_img read more