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Vermont unemployment rate holds steady at 5.7 percent


first_imgThe Vermont Department of Labor announced today the seasonally adjusted unemployment rate for November 2010 was 5.7 percent for the second consecutive month. Compared to a year ago, the November unemployment rate is lower by a full percentage point. Since the start of the calendar year, the Vermont seasonally adjusted unemployment rate has followed a downward trend. In January it was 6.7 percent, followed by February and March at 6.6 percent. Then the next three months each saw declines of two tenths of percent to put the state rate at 6.0 percent in June, where it stayed for three consecutive months until the September announcement of 5.8 percent. October continued the downward trend with a one tenth of a percent decline in the statewide unemployment rate which is where we remain according to this recent data.‘Vermont held its ground this month as the national unemployment rate increased,’ said Valerie Rickert, Acting Commissioner of the Vermont Department of Labor. ‘According to household survey data, the trend of rising employment continues. This month’s reported increase was sufficient enough to offset increases to the labor force without increasing our unemployment rate. This indicates Vermonters are starting to see economic opportunities,’ Rickert continued.        Changes From Total Labor Force357,400356,600358,400800-1,000   Employment336,900336,200334,400       7002,500   Unemployment20,50020,40024,000100-3,500   Rate (%)5.75.76.70.0-1.0Vermont’s labor force, employment and unemployment statistics are produced from a combination of a Statewide survey of households and statistical modeling. The data are produced by the Local Area Unemployment Statistics Program (LAUS), a cooperative program with the US Department of Labor, Bureau of Labor Statistics and the Vermont Department of Labor.Analysis of Job Changes by IndustryThe preliminary ‘not seasonally adjusted’ jobs numbers for November show a decrease of 2,450 jobs when compared to the revised October numbers. This reported over the month change does not include the 350 job increase between the preliminary and the revised October estimates due to the revision process and the inclusion of more sample data. As detailed in the preliminary November data, Total Private reports a decrease of 2,650 jobs and Government reports an increase of 200 jobs. In the private sector, the industries with notable declines were Leisure and Hospitality (-2,300 jobs) and Construction (-450 jobs). Educational and Health Services led all industries with an increase of 500 jobs. Trade, Transportation, and Utilities also trended up showing a positive gain (+400 jobs) as did Manufacturing (+150 jobs).Based on the preliminary November data, the annual rate of unadjusted job growth slipped back into negative territory this month (-0.1%). This is a decline from the revised October estimate by three tenths of a percent.The seasonally adjusted data for November reports a decrease of 600 jobs from the revised October data. As with the ‘not seasonally adjusted’ data, this over the month change is from the revised October numbers which experienced a positive revision from the preliminary October estimates (+300 jobs). A review of the seasonally adjusted November numbers shows Vermont’s Private Industries with a job decline of 600 jobs. Trade, Transportation, and Utilities (-600), Financial Activities (-400) and Leisure and Hospitality (-400) reported the largest job losses by industry. As for advancing industries, Construction (+400 jobs) and Educational and Health Services (+400 jobs) led the way for the seasonally adjusted data. Total Government had no change from the revised October counts.State of Vermont OverviewVermont’s seasonally adjusted unemployment held at 5.7 percent in November. The underlying data showed increases to the labor force (+800), total employment (+700), and to total unemployment (+100). For comparison purposes, the United States seasonally adjusted unemployment rate for November showed a two tenths of a percent increase to 9.8 percent.November unemployment rates for Vermont’s 17 labor market areas ranged from 4.1 percent in Hartford to 7.8 percent in Newport. Local labor market area unemployment rates are not seasonally adjusted. For comparison, the November unadjusted unemployment rate for Vermont was 5.7 percent, which was six tenths of a percentage point higher than the revised October data and down seven tenths of a percentage point from a year ago.Source: Vermont Department of Labor 12.17.2010 Vermont Labor Force Statistics (Seasonally Adjusted) November2010October2010November2009October 2010November2009last_img read more


Ski Season Preview: Big Changes at Beech Mountain Resort


first_imgBeech Mountain Opening Day 2012-13 from Blue Ridge Outdoors on Vimeo.In the past few years, North Carolina’s Beech Mountain Resort has positioned itself to be a powerhouse in the realm of four season outdoor recreation. Beech went all in with downhill and cross-country mountain biking, becoming one of the best places to gravity ride on the East Coast — and this is saying something in a state as well known for singletrack as it is for basketball. The mountain hosted the Gravity Nationals in 2011 and 2012 and was the scene for the Collegiate Nationals in 2013, hosting the best college riders from around the nation (and by around the nation, we mainly mean Colorado). With the recent development of the Rocky Knob Mountain Bike Park, Beech Mountain and the greater Boone area is rapidly capitalizing on the growth of mountain biking and downhill riding in particular.Despite this influx of biking infrastructure, however, Beech Mountain Resort remains a skier’s mountain. Conveniently nestled on a sliver of land surrounded by national forest just north of Linville, Beech is the highest ski area in the eastern U.S. with an elevation of 5,506 feet at the summit, with 95 skiable acres, 830 feet of vertical, and 16 trails served by 7 lifts. The mile-high elevation means if there is snow in the area, it is falling at Beech, but this is still North Carolina so the battle against Mother Nature is constant. For the 2013-14 ski season, Beech has made significant improvements to its snowmaking capabilities, says the mountain’s Talia Freeman.“This summer we added an additional 12 new SMI Super PoleCat snow guns,” she said. “That ups our snowmaking system to 40 total SMI guns, so this gives us a pretty sophisticated snowmaking system. This is the largest modification of our snowmaking capabilities that we’ve ever had and it completely replaced our old compressor system.”Beech boasts snowmaking on 100 percent of their trails, so if the temperature cooperates, the slopes will be open.Speaking of open slopes, another big change at Beech for this year involves a scheduling change. Previously, Beech closed to groom the slopes between the day session and night session, but no more. The slopes will be open from 9am to 9pm on weekdays and 9am to 10pm on weekends.“We think that the streamline hours will allow us to provide a longer and more enjoyable experience for our customer base,” said Freeman. “We aren’t doing a session break anymore. It will be a nice addition for our customer base.”This will allow more skiers and boarders shred one of Beech’s terrain parks designed by Director of Operations Ric Wilkinson, now in his second year at the helm. Freeman says big improvements were made in that department last season, and this year Beech features two parks – one advanced and the other a progression park where youngsters can learn new tricks. Freeman also says there is a continuing commitment at the mountain to get first timers and local kids on the slopes through learn to ride programs and clinics throughout the year.On the events and amenities side, Beech is bringing back its very popular Totally 80’s Retro Weekend at the end of February featuring parties, costume contests, and a banked slalom race. There is also a new facility at the top of the mountain: a skybar/lounge/snackshack called 5,506.“It’s a really cool facility. The deck in front of the lounge area is about 2,200 square feet, it’s really large. The view up there is incredible. It’s kind of like a little glass round house, so we’ll have food and drinks and snacks up there, and then the viewing deck is really cool. It will be a nice addition to the top of the mountain and something we can use year-round.”There’s that term again: year-round. Beech may be expanding its clientele into all four seasons, but with the improvements geared toward the winter, Beech remains committed to skiers and boarders. They know where their bread is buttered.last_img read more


India vs Australia: Glenn Maxwell focussed on consistency as World Cup approaches


first_imgGlenn Maxwell is still not sure if he would be in Australia’s World Cup-bound squad but a few more innings like the half-century in a winning cause against India in the first T20 international will certainly bolster his case.Maxwell scored 56 off 43 balls in Australia’s three-wicket win off the last ball but is far from being guaranteed a place in the 15-member squad.”I have no idea if I am going to be in that World Cup squad or what number I’m going to bat, so I suppose it just comes down to opportunity — if I can keep making most of the opportunities like tonight,” Maxwell said at the post-match press conference.However, he agreed that he would have to not just contribute but also close in a few more matches.”If I can turn those sort of innings into not-out, 75-ish, and be consistent that way, I think I can probably go a long way in pencilling my name for the World Cup and hopefully continue that job for the rest of this year,” Maxwell said.The touring Australian teams over the years have struggled when it came to tight finishes and that’s precisely the reason why the last-ball victory in the first T20 International will help them build momentum, feels Glenn Maxwell.Maxwell was a key contributor in Australia’s last-ball win with a 43-ball-56 but it was the pace bowling pair of Jhye Richardson and Pat Cummins, who won the match for Australia taking 14 off Umesh Yadav’s final over.advertisement”A lot of times when you come over here and you get into these close games and you lose them so often. The home crowd can get behind the team and you can lose. It can just put your momentum back,” Maxwell said at the post-match news conference.”Probably, we got ourselves into trouble by the last over. Probably, we should have lost if it wasn’t for Cummins and Richardson. It was outstanding. It can just bring the whole group together,” Maxwell said.The win will be a great confidence booster for the unit ahead of the World Cup as they try to build the momentum.”To have a result like this on our first game on tour is great for our confidence and something that we can hopefully ride and build the momentum. Hopefully, we can start off our World Cup preparation on a good note.”Maxwell lauds Pat Cummins for holding nerves in final overFrom being 89 for 2 inside 14 overs, Maxwell’s dismissal triggered a collapse and India pacer Jasprit Bumrah almost made it out of their reach in a sizzling penultimate over.Bumrah removed Peter Handscomb and then yorked Nathan Coulter-Nile in the next ball, in an over he conceded just two runs.”I did mention to Finchy (skipper Aaron Finch) that if anyone can, it would Pat Cummins. For him to keep a cool head, hit a gap on the off-side against a guy (Umesh Yadav) who hit three of the six yorkers, it was just good batting,” he said showering praise on Cummins.Maxwell rued that he could have finished the game and said he still have a lot of work to do to secure a ticket to the World Cup-bound squad, the deadline for which is two months’ away.”It would have been nice to finish it off, but I chose that Chahal (over) as my time to go tonight and I still back that as the right decision.”Also Read | India vs Australia: Virat Kohli creates history with 500 T20I runs vs AustraliaAlso Read | MS Dhoni picks up Mayank Markande wrong-un while batsman could notAlso See:last_img read more