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Unemployment Rate Holds Steady In October

Vermont’s unemployment rate held steady at 4.4 percent in October, ending a series of monthly increases.

The October rate is the same as it was one year ago. In the past 12 months, unemployment fell as low as 3.3 percent (in April and May, 2014) before climbing to its current level.

Despite the same unemployment rate as October, 2013, the number of those with jobs or looking for work has increased over the past year.  The increase in the labor force, combined with the steady unemployment rate is an indication that jobs are being created.

In a statement accompanying the new figures, Vermont Labor Commissioner Annie Noonan says, “based on the preliminary October data, in the past year, the Vermont economy has added 1,000 manufacturing jobs, 1,300 jobs in private education and 400 jobs in professional and technical services.”

Newport and Bennington had the highest unemployment rates. Woodstock recorded the lowest jobless number.

Steve has been with VPR since 1994, first serving as host of VPR’s public affairs program and then as a reporter, based in Central Vermont. Many VPR listeners recognize Steve for his special reports from Iran, providing a glimpse of this country that is usually hidden from the rest of the world. Prior to working with VPR, Steve served as program director for WNCS for 17 years, and also worked as news director for WCVR in Randolph. A graduate of Northern Arizona University, Steve also worked for stations in Phoenix and Tucson before moving to Vermont in 1972. Steve has been honored multiple times with national and regional Edward R. Murrow Awards for his VPR reporting, including a 2011 win for best documentary for his report, Afghanistan's Other War.
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