Vt. growth in jobs, wages lag nationSTAFF REPORT | August 18,2013Employment in Vermont grew less than 1 percent last year while the average weekly wage was also less than the national average.
Key points in the report by the New England Information Office of the U.S. Bureau of Labor Statistics:
Vermontís only large county, Chittenden County, reported an employment gain of 0.2 percent from December 2011 to December 2012. (Large counties are defined as those with employment of 75,000 or more). Statewide, employment grew at a rate of 0.7 percent compared to a national average of 1.9 percent.
Nationally, employment increased in 287 of the 328 largest counties from December 2011 to December 2012.
In Vermont, employment was highest in Chittenden County and stood at 98,986 in December 2012, accounting for 32.3 percent of total state employment. Nationwide, the large counties made up 71.3 percent of total employment.
Chittenden County wages increased an average of 4.1 percent from the fourth quarter of 2011. Wages were up 2.5 percent over the year in the state and increased 4.7 percent nationwide.
The average weekly pay in all 14 Vermont counties was below the national average of $1,000. Chittenden County reported the highest wages in the state at $981 a week, placing it 109th among large U.S. counties.
Essex County reported the lowest wages at $638 a week. Statewide, the average weekly wage was $829.
The data is derived from the quarterly census of employment and wages which is based on unemployment insurance summaries.MORE IN National / World BusinessWASHINGTON ó Thereís a good reason the U.S. Full StoryATHENS, Greece ó Greece and its European bailout creditors were in open dispute Friday, with... Full Story
- Most Popular
- Most Emailed
- TOMORROW'S HEADLINES TODAY: On Jan. 31, 2002, Berkshire Armored Car Co. in Rutland's Howe Center was robbed of $1.9 million. Brent Curtis reports some of the surprising details he found in 10 years of FBI investigation files in a 5-part Herald series.
- RICHARD'S POOR ALMANACK: In 1835, deranged house painter attempts to kill Pres. Andrew Jackson; in 1969, Beatles play last live public performance on roof of Apple Corps building, London; in 1935, poet Richard Brautigan born in Tacoma, Washington.
- TOMORROW'S HEADLINES TODAY: Maple syrup standards revised to match international standards; city must decide how best to use $300K in leftover sewer project money; Bryanna Allen reports on funding proposal for solar projects; local agency gets HUD money.
- RICHARD'S POOR ALMANACK: On this day in 1393, quick thinking teen girl saves King Charles IV of France from burning alive at masquerade ball; in 1760, Vermont town of Pownal created by N.H. Gov. Benning Wentworth; Canuplin, Filipino movie star, born.
- RICHARD'S POOR ALMANACK: On this day, 1700, Cascadia Earthquake, Magnitude 9 plus, strikes West Coast with tsunami effects felt as far away as Japan; in 1885, troops loyal to Sudanese Mohammad Ahmad conquer Khartoum; in 1992, Boris Yeltsin untargets U.S.
- RICHARD'S POOR ALMANACK: On this day in 971 AD, Southern Han war elephant corps defeated by Song Dynasty troops bowmen; in 1870, Montana, Marias massacre, U.S. kills 173 Native Americans; in 1941, Charles Lindbergh recommends neutrality pact with Nazis.