Stephanie Yu, Public Assets Institute State of Working Vermont Report 2023

Description

CCTV's Bobby Lussier interviews Stephanie Yu, Executive Director of Public Assets Institute about the State of Working Vermont Report from 2023.

From the report: "As in previous years, this report uses data from the U.S. Census—primarily one-year estimates from the American Community Survey—as indicators of Vermonters’ well-being. It also relies on data from the Vermont Department of Labor, the U.S. Bureau of Labor Statistics, the U.S. Bureau of Economic Analysis, and other sources. With Census indicators, we compare data from 2019, the most recent year unaffected by the Covid pandemic, with 2022 data, the most recent available. Where 2023 data are available from other sources, we have included them. The American Community Survey did not publish state-level estimates for 2020. And labor market statistics were hard to interpret as businesses closed and reopened. But by 2022 the data appear to reflect real trends rather than short-term, anomalous changes. This report also looks at how Vermont has been doing relative to other states. Where comparisons are useful, the report provides Vermont’s national rankings. A ranking of 1 is the best, with 50 being the worst."

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