unemployment

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The monthly unemployment report shows Vermont’s remains far below the national rate.  But some say that’s because more people are dropping out of the labor force, not because they’ve found jobs.

New numbers indicate economic recovery from the Great Recession is underway upstate - with a few exceptions - for the most part, the latest jobs and unemployment numbers offer hope.  Dan Moran, with career management firm NextAct of Colonie, says the job market has been flat but consistent.

State Labor Department analyst John Nelson said the economy is showing signs of improvement. At 7.4 and 7.7 percent respectively, Albany and Saratoga rank among the counties with the lowest unemployment rates in New York. Tompkins County, at 5.8 percent, was the lowest in the state.

Burt Lum

HARTFORD, Conn. (AP) — Connecticut's Department of Labor says the state unemployment rate fell to 8.1 percent in January.

The department says the state added 4,700 jobs in January -- a sign of considerable improvement in the state's labor market.

The agency's research director says the data shows the state's job market is continuing on a modest but positive recovery path established in 2011.

New statistics released this week by the U.S. Bureau of Labor Statistics show that from June 2011 to June 2012 Saratoga County experienced the largest employment growth in New York State at 3.1 percent, with strong job growth in manufacturing and leisure and hospitality.

WAMC’s Patrick Donges spoke with Saratoga County Board of Supervisors Chairman Alan Grattidge for his reaction to the positive numbers

  Rich Honen from Phillips Lytle LLP joins us to discuss everything from the economy to the current state of the stock market to the attempts to limit unemployment.

The number of first-time claims for unemployment insurance dipped by 5,000 last week from the week before, to 330,000, the Employment and Training Administration reports.

That means claims remain at a low level not seen since January 2008.

Another measure, the "4-week moving average" that is supposed to give a broader look at the trend, declined by 8,250 — to 351,750.

According to state officials in Massachusetts, the unemployment rose to 6.7% in December, and for the Berkshires, the unemployment rate is now above the state average.

Although the numbers released by the State Executive Office of Labor and Workforce development are not seasonally adjusted, the Berkshires now face an unemployment rate at 6.6% That’s up half a percentage point from October and November, and the highest it’s been since February 2012.

The Vermont Department of Labor says the state's unemployment rate dropped one-tenth of one percentage point in December to 5.1 percent.

Labor Commissioner Annie Noonan says the recovery from the Great Recession has been slower than from past economic slowdowns, but progress is being made.

Weekly US jobless aid applications rise to 372K

Jan 3, 2013
Kathryn Decker / Flickr

WASHINGTON (AP) — More Americans sought unemployment benefits last week, though the winter holidays likely distorted the data for the second straight week.

The Labor Department says weekly applications rose by 10,000 to a seasonally adjusted 372,000 in the week ended Dec. 29. The previous week's total was revised higher.

Connecticut's Labor Department says the state's unemployment rate jumped to 9 percent in August amid a record one-month decline in the labor force.

The department announced Thursday that data compiled by the U.S. Bureau of Labor Statistics show the state's unemployment rate increased half a percentage point from July to August, making it the largest monthly percentage point increase since 1976. Officials said the state lost 6,800 jobs from July to August.

The national unemployment rate in August was 8.1 percent.

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