"The Vermont economy is more stable than the month-to-month data might suggest, as increases and declines are “ironed out” at the conclusion of the year. What we can see is a slower rate of job gains this year than in recent years. Yet, with Vermont’s low unemployment rate, it’s still a tight labor market with recruitment and retention challenges for our employers; and a limited availability of workers can adversely impact economic expansion and growth.
Based on the available data through November of this year, the number of unemployed persons in Vermont has declined about 10% compared to last year. As a state, Vermont needs to get more people – at all ages and skill levels – into the workforce, through increased education, job training, career counseling and placement, OJT and Apprenticeship programs, and effective mentoring.
Vermont needs to effectively utilize every state and federal job-training dollar to get people into jobs, and we need to address issues that will help Vermont be more successful: promoting gender equity, workplace civility, bringing under-represented populations into the workforce, creating job training programs that guarantee employment at the conclusion, and resolving the “benefit cliff” so that anyone who wants to work can do so without suffering adverse economic impacts.
The Vermont Department of Labor, through our 12 local Career Resource Centers – and in conjunction with our many partner agencies – can collaborate to help job seekers become employed – or employed in a better job – and help employers market, recruit, train and hire good candidates. All of the services we offer at Labor are free of charge, and customized to the particular needs and interests of each person or employer."
Annie M. Noonan Commissioner of the Vermont Department of Labor
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- 2016 Economic-Demographic Profile