Vermont Offering Workers $7,500 To Move There

Vermont is offering to reimburse up to $7,500 in relocation expenses to people who move there for work, as part of the Worker Relocation Grant Program.

The state’s labor department has listed 50 different in-demand jobs that qualify for the program, including many from the service and hospitality sectors.

This latest incentive addresses workforce challenges in Vermont and across the entire country, as many American companies face challenges in filling job vacancies.

On Friday, a disappointing August jobs report from the Labor Department had the economy adding just 235,000 positions. Economists were hoping for more than twice that number, as the unemployment rate dropped from 5.4% to 5.2%.

“We are getting all kinds of reports from different employers — they don’t have enough people coming and showing up for interviews,” Joan Goldstein, Vermont’s commissioner of economic development, told CBS MoneyWatch.

This isn’t the first time Vermont has offered compensation as a way to lure new residents and bolster its workforce. Back in 2018, the state offered workers $10,000 to move there and work remotely.

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(PHOTO: Getty Images)

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