Department of Numbers

Vermont Unemployment

According to the BLS current population survey (CPS), the unemployment rate for Vermont rose 0.1 percentage points in October 2023 to 2.0%. The state unemployment rate was 1.9 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 12.0 percentage points lower. From a post peak low of 1.8% in July 2023, the unemployment rate has now grown by 0.2 percentage points. You can also see Vermont unemployment compared to other states.

Unemployment Rate October 2023 Month/Month Year/Year
National 3.9% +0.1 +0.2
Vermont 2.0% +0.1 -1.1

Note: All comparisons are made with October data as November state level unemployment data has not yet been released.

Unemployment Rate: Vermont, National

Vermont monthly unemployment rate chart from 1990 to October 2023

Note: Recessions shown in gray

Vermont Unemployed

The number of people unemployed in Vermont peaked in April 2020 at 49,506. There are now 42,369 fewer people unemployed in the state. From a recent trough of 6,300 in July 2023, the number of unemployed has now grown by 837. Vermont job growth data is also available.

Unemployed Persons October 2023 Month/Month Year/Year
Vermont 7,137 +536 -3,391

Number of Unemployed Persons

Monthly chart of total unemployed in Vermont from 1990 to October 2023

Vermont Unemployment History

Date National
Unemployment Rate
Vermont
Unemployment Rate
Vermont
Unemployed
November 2023 3.7%
October 2023 3.9% 2.0% 7,137
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
December 2022 3.5% 3.0% 10,378