Who expects nj unemployment numbers to grow?
Vermont’s unemployment rate in October was holding steady at 5.2 percent and unchanged since September, the state Department of Labor announced Friday. The jobless rate is 1.3 percent higher than October of last year, and ties September’s rate as the highest percentage of unemployment in fifteen years. “Though our employment and job numbers looked relatively good in October we believe that the impact is temporary,” said Patricia Moulton Powden, commissioner of the Vermont Department of Labor, in a statement. “The increases we saw in seasonally adjusted employment and jobs may have been due to our surveys capturing a favorable foliage season. Never-the-less we welcome the stability in our unemployment rate in an environment where our national rate grew four-tenths of a point.” Vermont’s unemployment rate, however, is 1.3 percent lower than the national average of 6.5 percent for the month of October. Yet some sectors of the economy showed job growth, including Education, Retail Trade, A
