Data & Research
 
* Economic & Labor Market Information *
 
 
January 2024 Unemployment and Jobs Press Release
March 11, 2024
"Today the Department is releasing estimates for January 2024 as well as revised estimates to recent historical data. The updated data for 2023 shows that the initial estimates of jobs and the labor force underestimated the level of economic activity in the state. Specifically, preliminary estimates undercounted filled jobs by approximately 2,300 or nearly 1%, while the size of the labor force was revised up by almost 2,400 or nearly 1% such that the statewide labor force participation rate is higher by five-tenths of one percentage point.

This updated information more accurately reflects the economic growth the state has witnessed and bodes well for 2024. To support both job seekers and employers, the Department of Labor recently announced a new Work Based Learning and Training Grant opportunity. To learn more about these grants including how to apply, visit https://labor.vermont.gov/grants/work-based-learning-and-training or contact Labor.Grants@vermont.gov with any questions. The deadline is March 18th, 2024."

Michael Harrington
Commissioner
 
 
Labor Force Estimates, seasonally adjusted

 
Schedule of Upcoming Unemployment and Jobs Press Releases through January 2025.
 
What's new?
  • Unemployment Weekly Report - March 14, 2024
    Find the latest information on claims, unemployment insurance statistics and unemployment rates for New England states and the U.S.  This and more UI reports are at Publications
    Mar-14-2024
  • Gross Job Gains and Losses - June 2023
    Gross job losses of 19,097 slightly exceeded job gains of 18,909 for a net decrease of 188 in June 2023. (table, graph). See all of Vermont graphs and tables at Business Employment Dynamics. Also available, annual March to March gains and losses from 1994 to 2023.
    Jan-30-2024
  • Alternative Unemployment Rates:   2023 Annual Averages
    Alternative measures of the unemployment rate that are more narrowly or broadly defined than the traditional estimate. Available at Unemployment.
    Jan-26-2024
  • Quarterly Workforce Indicators - 2nd Quarter 2023
    QWI Explorer reports various economic / demographic measures for Age, Sex, Education, Race and Ethnicity groups. Produced by U.S. Census, Longitudinal Employer-Household Dynamics.
    Jan-24-2024
  • Per Capita Personal Income - Local Areas 2022
    The Bureau of Economic Analysis (BEA) released 2022 Per Capita Personal Income for counties, metroploitian and micropolitan areas. See Wages and Income.
    Nov-27-2023
  • Workplace Injuries and Illnesses - 2022
    Nationally, private industry employers reported 2.8 million nonfatal workplace injuries and illnesses in 2022, up 7.5 percent from 2021. In Vermont, 8,700 were reported. More information at Industries.
    Nov-8-2023
  • UI 20 Year Statistical Record 2003-2022
    A report on the Vermont Unemployment Insurance Program showing trust fund, benefit, wage information and more.  This and more UI reports are at Publications.
    Oct-30-2023
  • 2022 Per Capita Personal Income for VT & US, revised
    Vermont Per Capita Personal Income was revised down slightly to $63,039 (current dollars) for 2022, dropping the state ranking one point to 22nd highest. Charts and data available at Wages & Income.
    Oct-6-2023
  • Unemployment Compensation Statistical Tables - 2022
    Find tables on initial claims, weeks claimed, unemployment compensation payments and more, all based on the Vermont Unemployment Insurance Program.  This and more UI reports are at Publications.
    Jun-21-2023
  • Wages, Benefits, Contributions and Employment by Industry - 2022
    Covered Employment and Wage information is combined with Unemployment Compensation Benefits in this UI report available at Publications.
    Jun-21-2023
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    2023-2024 Edition
    2021 Edition
     October 2022
     
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    * Minimum Wage *
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    Minimum Wage Increases to $13.67 for 2024.
    Beginning January 1, 2024, Vermontā€™s minimum wage will become $13.67 per hour. This is an increase of $0.49 from the current minimum wage of $13.18.
  • 2024 Minimum Wage Announcement
  • 2024 Minimum Wage Poster
  • Oct-11-2023
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    * Data Releases *
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    Unemployment and Jobs Numbers - January 2024
      - Labor Force and Unemployment:  Data Tool / Report.
      - Nonfarm Employment:  Data Tool / Report.
    Mar-11-2024
    A point-in-time snapshot of benefits currently offered by private employers in Vermont
      - Employer Survey Report - 2023
    Mar-7-2024
    Total Covered Employment, preliminary, averaged 306,827 in the 3rd quarter 2023, a 1.1% increase from a year earlier. Also re-released, 1st and 2nd quarters 2023.
      - Covered Employment and Wages Tool
      - 2023 Year To Date
      - 2023 Size Class tables
            by Establishment
            by Firm
    Feb-6-2024
    An interactive tool comparing male/female employment and earnings ratios.
      - Earnings and Jobs by Industry and Sex
    Feb-6-2024
    Our most popular publication of state and county economic data has been updated. Included are county commuting patterns along with other regional information on income, population, housing, and employment.
      - 2023 Economic & Demographic Profile Series
    Aug-14-2023
      Prevailing Wage rates required under the Capital Construction Act for state construction projects have been updated and are effective from July 1, 2023 to June 30, 2024.
      Note: New Registered Apprentice Rates
    Jul-1-2023
    The 2020-2030 Long Term Occupational Projections for Substate areas are now available, in addition to previously released Statewide data. Find the top occupations in growth, openings and by required level of education.
      - 2020-2030 Long Term Occupational Projections
      Occupational Projection tables
          - Statewide HTML | XLS
          - Burlington-South Burlington, VT Metropolitan NECTA HTML | XLS
          - Northern Balance Of State HTML | XLS
          - Southern Balance Of State HTML | XLS
    Jun-27-2023
    Latest estimates of employment, hourly and annual wage rates for over 600 occupations.
     - Vermont
     - Burlington-South Burlington, VT Metro NECTA
     - Northern Vermont Balance Of State
     - Southern Vermont Balance Of State
     - OES Area Map
    Apr-27-2023
    Mar-16-2023
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    * Quick Stats *
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    Unemployment Rate
    Seasonally Adjusted
      Jan
    2024
    Dec
    2023
    Jan
    2023
    Vermont 2.3 2.3 2.1
    New England n/a 3.1 3.2
    United States 3.7 3.7 3.4
     
    Consumer Price Index
    United States
      Feb
    2024
    Jan
    2024
    Index 310.326 308.417
    Annual % Chg 3.2 3.1
    10 year table Inflation Calculator
    Next release:
    April 10
    CPI Home
     
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    Vermont.gov State of Vermont Department of Labor