Vermont's unemployment rate remains low, but its aging population is leaving the workforce - Vermont Public

Vermont’s unemployment rate in September held steady at 2.6%, and remains among the lowest in the country. But the state’s workforce continues to shrink, having lost nearly 10,000 people in the past year. According to the latest unemployment report from the Vermont Department of Labor , there were 8,749 people unemployed in September, a very slight increase from August. “That is a low unemployment rate and it’s been that low for a while now,” said Mathew Barewicz, Economic and Labor Market Information Director at the Vermont Department of Labor. “Vermont is experiencing the economic shift that the U.S. is starting to experience with the retiring of the baby boomers and low birth rates.