Vermont unemployment rate drops to 5.8 percent in September

first_imgSeptember2010August2010September2009August2010September2009 Source: Vermont DOL. 10.22.2010 Total Labor Force356,000355,800358,400200-2,400   Employment335,300334,500334,000       8001,300   Unemployment20,70021,30024,400-600-3,700   Rate (%)5.86.06.8-0.2-1.0Vermont’s labor force, employment and unemployment statistics are produced from a combination of a Statewide survey of households and statistical modeling.  The data are produced by the Local Area Unemployment Statistics Program (LAUS) a cooperative program with the US Department of Labor, Bureau of Labor Statistics and the Vermont Department of Labor. Analysis of Job Changes by Industry State of Vermont Overview The preliminary ‘not seasonally adjusted’ jobs numbers for September show an increase of 6,850 jobs when compared to the revised August numbers. This reported over the month change does not include the 300 job increase between the preliminary and the revised August estimates due to the revision process and the inclusion of more sample data. As detailed in the preliminary September data, Total Private reports a decrease of 2,800 jobs and Government reports an increase of 9,650 jobs. The increase in Government jobs is related to the start of the school year and the increase of 9,050 Local Government Education jobs. In the private sector, Private Education Services added 1,550 jobs over the month. However this private sector job gain was negated by a decrease of -3,100 jobs in the Accommodation and Food Services industry. This time of year is notable for schools resuming normal activity and for falling between major tourism seasons as summer operations ramp down prior to the start of winter activities. Unfortunately, the survey reference period typically fails to accurately capture employment changes due to autumn tourist activity. The Vermont Department of Labor announced today the seasonally adjusted unemployment rate for September 2010 was 5.8 percent which is a decrease of two tenths of percent from the previous month’s reported level of 6.0 percent. Compared to a year ago, the September unemployment rate is lower by a full percentage point.  Since the start of the calendar year, the Vermont seasonally adjusted unemployment rate has been in continued decline. In January it was 6.7 percent. February and March were 6.6 percent. Then the next three months each saw declines of two tenths of percent to put the state rate at 6.0 percent in June, where it stayed for three consecutive months leading up to today’s announcement. The US rate for September was 9.6 percent.‘The Manufacturing Sector is reporting the highest level of employment since second quarter of 2009,’ said Valerie Rickert, Acting Commissioner of the Vermont Department of Labor. ‘This is an indication of increased confidence by employers. The Vermont economy continues to show positive trends as we gain distance from the trough of the last business cycle which occurred in June 2009.’        Changes From Vermont Labor Force Statistics (Seasonally Adjusted) Vermont’s September seasonally adjusted unemployment was 5.8 percent. The underlying data showed favorable movement with increases to the labor force (+200) and total employment (+800), and a decrease to total unemployment (-600). For comparison purposes, the United States seasonally adjusted unemployment rate for September was 9.6 percent.September unemployment rates for Vermont’s 17 labor market areas ranged from 3.6 percent in Hartford to 7.0 percent in Newport. Local labor market area unemployment rates are not seasonally adjusted. For comparison, the September unadjusted unemployment rate for Vermont was 5.3 percent, which was two tenths of a percentage point lower than the revised August data and down one and one tenth percent from a year ago. The annual rate of unadjusted job growth was -0.3%, which is unchanged from the revised August estimate.The seasonally adjusted data for September reports a decrease of 300 jobs from the revised August data. As with the ‘not seasonally adjusted’ data, this over the month change is from the revised August numbers which experienced a positive revision from the preliminary August estimates of 300 jobs. Similar to the national picture, when seasonally adjusted, Vermont’s Private Industries’ reported job gains (+100 jobs) were offset by larger job declines from Total Government (-400 jobs). State Government showed a decline of 500 jobs though the largest job decline came from Leisure & Hospitality (-1,500). For the second consecutive month, Durable Goods Manufacturing has a notable job increase (+400).last_img read more

ORVC Weekly Report (January 11-16)

first_imgORVC Weekly Report.(January 11-16).Players of the Week.Girls Basketball:  Lilly Simon-Jac-Cen-Del.Boys Basketball:  Brad Koehler-Shawe Memorial.ORVC Report (January 11-16)Cortesy of ORVC Recorder Travis Calvert.last_img

Koeman unfazed by Poch comments

first_img Saints were widely expected to struggle this season having lost Pochettino to Tottenham and a number of their star players to fellow Premier League clubs. But Koeman brought in a host of new faces, many of whom were not household names in England, and has since led the south coast club into the top four with 15 games remaining. Southampton boss Ronald Koeman has responded light-heartedly to claims from former Saints manager Mauricio Pochettino that he inherited a “winning team” when he took over at St Mary’s in the summer. Pochettino’s Tottenham sit two points below Southampton in sixth and the Argentinian reportedly told Catalan radio station RAC1 that he gave Koeman a platform for success. “You have to say that they invested close to 80million euros (£59.8million) in the summer and it was already a winning team on the up,” he was quoted as saying. “When we arrived at Southampton in January of 2013 they had the team that had conceded the most goals in the league. It was a team with a lot of problems, with players like Adam Lallana who wasn’t playing and Luke Shaw who wasn’t playing but in one and a half years we turned it round.” But Koeman hit back when questioned about Pochettino’s remarks ahead of Saturday’s Premier League clash with managerless QPR. “First of all, it was on Spanish radio so I don’t know exactly what was said and if the comments were really like that,” said the Dutchman. “He is free to give his opinions, I’m happy in Southampton and thank you Mauricio; I have an easy job! “That is the reason that I came to Southampton, to have a little holiday with everything organised, a good team and good players. I’m joking! I have no comments.” Given Koeman’s overhaul of the squad, which continued in January with the loan acquisitions of Eljero Elia and Filip Djuricic as well as the permanent signing of Ryan Bertrand, the former Feyenoord boss believes he has put his stamp on a side he did admit owes a lot to those who have spent time rebuilding the club before his arrival. “It is feeling like my side because we had to make a lot of changes in the team,” he added. “The way the club is doing makes it easier for the manager, Pochettino, (former owner) Markus Liebherr and (head of football development) Les Reed, they have all done a fantastic job in Southampton and, as a manger, you need those people to work well in a good structure – that is the best quality of Southampton Football Club. “We don’t have a lot of people but the confidence I have as the manager is very good. We had to change the team because we lost a lot of good players. Working with the scouting, we brought in good players and the adaptation was easy and the team is working well. The spirit is fantastic but there are different reasons (for that). Koeman confirmed both Victor Wanyama and Morgan Schneiderlin have recovered from respective injuries and will travel to Loftus Road on Saturday. With two key midfielders back, Koeman’s squad is almost at full-strength and he feels it will have to remain that way if Saints are to continue their push for European qualification. “We believe in the way we play football and if we can keep everyone fit, that is key, then we can fight for the first six or seven positions in the table,” he added. “We have been struggling a little bit in the last few weeks, not in terms of the results, but we don’t have the kind of numbers of players and it can be a bit of a problem when we have a bench which has only under-21 players on it. “But still we are fourth in the table and in my opinion it is amazing what we are doing. It is difficult to keep that but there is a possibility, if we keep everybody fit and available, to fight for European football.” Press Associationlast_img read more