Vermont Monthly Employment Statistics
- 340,523 employed workers
- 7,267 unemployed workers
- 2.1% unemployment rate
The total employment for Vermont is 319,000, which is 200 greater than last month, an increase of 0.06%. The total employment a year ago was 316,200, which is 2,800 lower than today. Employment has increased by 0.89% in the last year. Last months' total employment data was updated but changed less than 0.05%, a fairly insignificant amount. Last months total employment was revised to 319 from 319.
The Health and Education Services sectors are the leading employers in Vermont. There are 66,100 employees in the sector. Last month the sector had 66,500 employees last month, a decrease of 400 (0.60%). Last year the sector had 65,900 employees last year, an increase of 200 (0.30%).
The chart below illustrates the total monthly employment:
In the month of July, 2019 the average hours worked was 39.2, this was a decrease from last month, which averaged 39.6 hours. This represents a change of 1.0%. Average hourly wages for the month were $21.03 per hour, which translates to $824.38 per week. Hourly wages decreased over the last month from $21.15 per hour a decrease of 0.6%. Weekly wages decreased over the last month from $837.54 per week a decrease of 1.6%.
A year ago, the average hours worked was 40.4 hourse per week, which is a decrease of 3.0%. Hourly wages have decreased over the last year from $21.31 per hour, a decrease of 1.3%. Weekly wages have increased over the last year from $860.92 per week, an increase of 4.2%.
The chart below illustrates the average monthly wages:
The unemployment rate decreased in July, 2019 from 2.1% to this months' 2.1%. A year ago the unemployment rate was 2.7%, 0.6% lower today. The total workforce in July, 2019 was 347,790, which is 0.0% higher than last months 347,742 and is 0.0% higher than last years 346,049. The total number of unemployed in Vermont is 7,267 as compared to the revised figure from last month of 7,246 and 9,186 unemployed a year ago.
The chart below illustrates the change in the unemployment rate over the last year in Vermont:
About the Writer
This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.