Vt. unemployment rate drops to 4.9 percent - NEWS10 ABC: Albany, New York News, Weather, Sports
MONTPELIER, Vt. (AP) - Vermont's unemployment rate has dropped below 5 percent for the first time in nearly three and a half years.
The state Department of Labor says the seasonally adjusted unemployment rate for February in Vermont was 4.9 percent, down two-tenths of a percent from the January figure.
Vermont had the fourth-lowest unemployment among the states in February. The national rate remained at 8.3 percent.
Labor Commissioner Annie Noonan says trends over the past year have seen private industry adding 4,700 jobs, while government has shed about 1,400 jobs in Vermont.
Leading private sector growth are professional and business services, as well as education and health services.
(Copyright 2012 by The Associated Press. All Rights Reserved.)
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