Vermont Jobless rate jumps up half point

first_imgVERMONT’S JOB GROWTH REMAINS SLOW, BUT POSITIVE. UNEMPLOYMENT AT 4.9% IN MAY.Montpelier — The Vermont Department of Labor announced today that the seasonally adjusted unemployment rate for May 2008 was 4.9 percent, up five-tenths of a point from the revised April rate of 4.4% and up 1.1 points from a year ago.”Vermont’s continued job growth is insufficient to hold down our growing unemployment rate,” said Patricia Moulton Powden, Commissioner of the Vermont Department of Labor. “This is to be expected in a national environment where unemployment is growing rapidly and the national economy continues to shed jobs. In addition, the seasonal transition in Vermont’s labor market from April to May can be quite volatile depending on weather. This can lead to rapidly changing labor statistics. We should have a better picture of the State’s labor market in the June numbers.”Vermont’s observed seasonally adjusted monthly changes in unemployment levels and unemployment rate are statistically different from April values. For comparison purposes, the US seasonally adjusted unemployment rate for March was 5.5 percent, up a similar five-tenths of a point from April 2008. Unemployment rates for Vermont’s 17 labor market areas ranged from 2.8 percent in Hartford to 6.4 percent in Newport. Local labor market area unemployment rates are not seasonally adjusted. For comparison, the unadjusted unemployment rate for Vermont was 4.6 percent, down four-tenths of a point from April 2008.Jobs Data (Vermont’s job count estimates are produced from a statewide survey of business establishments conducted under the Current Employment Survey (CES) – a cooperative effort with the US Department of Labor, Bureau of Labor Statistics.)Seasonally adjusted job levels grew by 1,200 or 0.4% over April, but remain flat over the year. Most of the growth came from the construction sector: +900 jobs or 6.1% but the sector remains down considerably on an annual basis (-600 jobs / -3.5%). We see the monthly gain as due to a slow start in April rather than a strong May. For similar reasons the Accommodations and Food Services sector shows a strong monthly decline (-600 jobs / -2.0%) What was bad weather for construction kept the ski resorts operating longer in April – thus the decline in May looked worse than is typically expected.Before seasonal adjustment, Total Non-Farm jobs grew seasonally by 4,500 jobs 1.5% from April to May.. Annual unadjusted job growth remains sluggish at +0.1%. Seasonal job gains were seen in construction (+2,400 / 16.4%), but the segment remains in decline showing a 650 job annual loss or -3.7%. Retail Trade jobs grew by 700 in May, but this seasonal boost was not enough to overcome annual job losses of 200 or -0.5%. Professional & Business services grew by 500 over the month and 150 or 0.7% over the year. Arts Entertainment & Recreation grew 700 jobs over the month offsetting a 700 job loss in Accommodations & Food Services. Local Government Education gained jobs in May, but this is almost certainly a school vacation scheduling issue.last_img read more

Treasury Department helping taxpayers prevent identity theft

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisALPENA, Mich. — If you’ve gotten a letter from the Michigan Department of Treasury this tax season, it may be in efforts to protect your identity.Michigan taxpayers who have filed a return may receive a letter asking them for more information before processing their tax returns. The letters are meant to protect residents from cyber criminals who attempt to file returns on other people’s behalf, then steal their refunds. If you do receive a letter, you’ll need to take a short quiz online or submit the appropriate paperwork before your return will be issued.Since 2016, increased security measures by the State of Michigan have protected more than 5,000 taxpayers who’ve had their identity stolen, and prevented more than $19,000 from being distributed to scammers.To learn more about identity theft, visit Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThis Tags: tax, tax payers, treasuryContinue ReadingPrevious APS holding bond proposal informational meetingsNext Woman wins lottery after being fired from joblast_img read more

Stephen Curry, Warriors won’t dwell on historic loss: ‘The wheels fell off’

first_imgGolden State suffered big home losses in the regular season to the Celtics, Mavericks and Lakers, and Curry was at a loss to explain their latest misstep.”If I had the answer for it, a night like tonight wouldn’t happen,” he told reporters. Related News The Warriors travel to Los Angeles for Game 3 on Thursday — when they are likely to be without center DeMarcus Cousins because of a “significant” thigh injury — but Curry does not expect the Game 2 loss to have any lingering impact.”It’s just one game,” he said.”I know the circumstances were tough with that big of a lead at home. [It’s the] same mindset when you lose a game — it’s 1-1. [We’ve] got to go down to LA, take two. We’re starting on Thursday. Keep moving.” “This game is tough, it’s hard to win playoff games no matter what the matchup is, no matter what the history is, the regular season, team versus team. It’s tough.series is tied 1-1— Golden State Warriors (@warriors) April 16, 2019″For 6 1/2 quarters we played amazing, had a 31-point lead.”The wheels fell off. I know we can get it back.”We’ve got to put together 48 minutes of it, just a collective energy, positivity around everything we do.”The locker room was down, as it should be, because every game matters to us. We’ve just got to bounce back.” DeMarcus Cousins injury update: Warriors center ‘out for a while’ with quad injury Stephen Curry admitted “the wheels fell off” when the Warriors squandered a 31-point lead in their playoff loss to the Clippers on Monday at Oracle Arena.The back-to-back NBA champions appeared set to move up 2-0 in their Western Conference first-round series when they led by 31 in the third quarter, but the Clippers rallied to win, 135-131, and complete the biggest comeback in NBA playoff history.last_img read more

BiH is the 15th team of the World

first_imgToday, 6 June, FIFA has released its monthly update of the FIFA World Ranking.According to their newest BIH National Football team has improved its ranking by 6 places, and it is currently ranked as the 15th team of the World, which is the best ranking in BiH history.BiH currently has 1008 points which 2 more points than Greece, who is one place behind BiH.Slovakia, another team in the group with BiH for the qualifications to the World Cup is ranked 56, Latvia is 119, Lithuania is 105.Tomorrow, BiH is playing the second match with Latvia in Riga. In the last match, which was played in September 2012 BiH defeated Latvia with 4:1.BiH team is currently the first ranked team of the group G with 13 points, with 4 matches won and one match draw.After the match in Latvia, BiH will play against Slovakia on 6 September and 10 September, and against Lichtenstein on 11 October and the last of the group G will be between BIH and Lithuania, who lost to BiH last October with 3:0.(D.J.)(photo: uefa)last_img read more