This indicator reflects the net change in filled private sector positions across the State of Vermont. In terms of filled jobs, the Vermont economy has not fully recovered from the most recent economic downturn of the pandemic. After three years of modest employment growth, 88.2% of the filled jobs that were lost during COVID-19 have been recovered in the private sector. Tight labor market conditions existed in 2019 as the rate of increase of filled jobs between 2018 and 2019 slowed.  Tight labor market conditions have persisted through to 2023.  The estimated number of open jobs decreased in 2023 relative to 2022, but remain above historical levels. Employers report difficulty filling open positions, which is slowing the ability to return to pre-pandemic employment levels.

Based on administrative data provided by Vermont employers.