Vermont’s unemployment rate fell one-tenth of a percentage point to 4.3 in November, the state Department of Labor reported.
The seasonally adjusted rate is a fraction lower than October’s 4.4 percent rate. That places Vermont in a tie for the 10th-lowest rate in the nation, according to a VDOL news release. The national average is 5.8 percent.
“Private sector hiring continues to be positive, and accounts for all the job growth seen in the past year in Vermont,” Labor Commissioner Annie Noonan said in a statement. “Private sector hiring continues to be positive, and accounts for all the job growth seen in the past year in Vermont. Employer-reported job increases are also mirrored by increased levels of employment reported by Vermont households. This growth has pushed up the statewide labor force and pushed down the unemployment rate. This is positive data as Vermont heads into the winter months.”
The seasonally adjusted data for November reports an increase of 3,600 jobs from the revised October data, the release said.
The biggest job gains were seen in the construction and leisure and hospitality sectors, the release said.
