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VERMONT HAS A PROSPEROUS ECONOMY

% or rate per 1,000 jobs of non-public sector employment

Current Value

828

2024

Definition

Comparison

Story Behind the Curve

This indicator demonstrates the percentage of private sector jobs across the State of Vermont.  In 2018 and 2019, we see similar levels of private sector employment making up 82.9% and 82.8% of all jobs Statewide.  This private sector job percentage decreased during calendar year 2020 with significant layoffs due to the impacts from the COVID-19 pandemic.  In calendar year 2021, at 82.8%, we can see the private sector employment beginning to rebound to levels seen pre-pandemic due to increased economic activity. The 2022  and 2023 levels (83.0% and 82.9%, respectively) exceed pre-pandemic levels in 2018 and 2019. 2024 levels decrease to 82.8% as job growth in the public sector exceeded job growth in the private sector in 2024 in proportional terms.

Notes on Methodology

Based on administrative data provided by Vermont employers.

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