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 President Barack Obama declared Friday that Sony Pictures Entertainment ďmade a... Full StoryWASHINGTON ó President Barack Obama declared Friday that Sony Pictures Entertainment ďmade a... Full Story
- Most Popular
- Most Emailed
- TOMORROW'S HEADLINES TODAY: Vermont Gas Systems puts Phase 2 on hold as the latest estimate for Phase 1 takes a 27 percent leap upward, to a total of $157 million; U.S. Attorney Tristram Coffin quits for job with private firm; police cite man in pot bust.
- RICHARD'S POOR ALMANACK: In 1972, Christmas bombing of North Vietnam ordered by President Richard Nixon, most lethal strikes of the war; in 1989, U.S. invades Panama to depose, arrest and charge Gen. Manuel Noriega with drug trafficking, racketeering.
- TOMORROW'S HEADLINES TODAY: Gov. Peter Shumlin announces demise of his single-payer health insurance initiative; convicted first-degree murderer Alan Prue sentenced to 50 years for killing teacher Melissa Jenkins; veterans chafed about park naming snub.
- RICHARD'S POOR ALMANACK: In 497 BC, first Saturnalia festival celebrated in Rome, Scandinavians retain 'Yule Goat' as symbol of season, Krampus, evil side of holiday cheer, terrorizes children into better behavior, more advice from Christopher Hitchens.
- RICHARD'S POOR ALMANACK: In 533 AD, Byzantine Emperor Justinian I gets the old empire back together again routing the Vandals from Carthage; in 1890, Lakota Chief Sitting Bull is killed at his home in South Dakota; in 1970, Soviets land probe on Venus.
- DUANE CARLETON: Rutland Herald Events Editor George Nostrand interviews musician Duane Carleton, whose new CD 'A GIRL LIKE THAT' drops Thursday, Dec. 18, 2014, and will be celebrated that evening with a show at 9:30 p.m. at Killington's Pickle Barrel.