Vermont? With its 3.3% unemployment rate? hmmm....
btw,
the great state of Texas has 10 times as many people without health insurance as Vermont has people.
So pick your model.
How is the Cherry picking business these days?
Although the Vermont unemployment rate is low, we shouldnÂ’t be complacent about it, or its steady decline, or its low rate compared to the nation. VermontÂ’s low unemployment rate?we have the fifth lowest rate in the nation?is not due to stellar economic performance. Rather, its low level is due to our population makeup and demographics.
Vermont does not have as many of the population subgroups that have high unemployment rates?especially young people and people of color?as most states do, or as many as the nation as a whole has.
Over the past twelve months the number of unemployed Vermonters has fallen by 2,400, a number consistent with a declining unemployment rate. But the number of Vermonters working or looking for work?the labor force?has declined by more than 5,000. The reduction in the number of unemployed is good news for the unemployment rate, but not when itÂ’s due to Vermonters dropping out of the labor force. Indeed, 3,000 fewer Vermonters are working today than a year ago. That does not bode well for the future of the stateÂ’s economy or for those peopleÂ’s future.
The story behind Vermont's low unemployment rate | Burlington Free Press | burlingtonfreepress.com