Vermont Unemployment
According to the BLS current population survey (CPS), the unemployment rate for Vermont rose 0.1 percentage points in November 2023 to 2.1%. The state unemployment rate was 1.6 percentage points lower than the national rate for the month. The unemployment rate in Vermont peaked in April 2020 at 14.0% and is now 11.9 percentage points lower. From a post peak low of 1.8% in July 2023, the unemployment rate has now grown by 0.3 percentage points. You can also see Vermont unemployment compared to other states.
| Unemployment Rate | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.7% | -0.1 | +0.1 |
| Vermont | 2.1% | +0.1 | -1.0 |
Note: All comparisons are made with November data as December state level unemployment data has not yet been released.
Unemployment Rate: Vermont, National
Note: Recessions shown in gray
Vermont Unemployed
The number of people unemployed in Vermont peaked in April 2020 at 49,506. There are now 41,964 fewer people unemployed in the state. From a recent trough of 6,300 in July 2023, the number of unemployed has now grown by 1,242. Vermont job growth data is also available.
| Unemployed Persons | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Vermont | 7,542 | +407 | -2,961 |
Number of Unemployed Persons
Vermont Unemployment History
| Date | National Unemployment Rate |
Vermont Unemployment Rate |
Vermont Unemployed |
|---|---|---|---|
| December 2023 | 3.7% | — | — |
| November 2023 | 3.7% | 2.1% | 7,542 |
| October 2023 | 3.8% | 2.0% | 7,135 |
| September 2023 | 3.8% | 1.9% | 6,601 |
| August 2023 | 3.8% | 1.8% | 6,407 |
| July 2023 | 3.5% | 1.8% | 6,300 |
| June 2023 | 3.6% | 1.9% | 6,722 |
| May 2023 | 3.7% | 2.1% | 7,383 |
| April 2023 | 3.4% | 2.4% | 8,341 |
| March 2023 | 3.5% | 2.7% | 9,217 |
| February 2023 | 3.6% | 2.8% | 9,831 |
| January 2023 | 3.4% | 2.9% | 10,103 |

