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Vermont’s growth is coming from abroad

February 20, 2026  |  Staff
Jobs Brief |Migration & Demographics, Unemployment, Labor force

Vermont’s migration trend last year continued a multi-decade pattern: international gains and domestic losses. Each year from 2005 to 2025, more people from abroad moved into the state than Vermonters left for other countries. Within the U.S., more Vermonters moved to other states than people in other states relocated to Vermont, resulting in net losses from domestic migration for 18 of the past 21 years. An outlier was 2021, during the pandemic, with a surge of nearly 5,000 people coming to Vermont through domestic migration. On average over the rest of the period, the state lost 800 people annually to other states. The international migration gains have helped offset these losses, contributing to net positive overall migration during this time.

In 2025, Vermont saw a net increase of 623 international immigrants—below average for the state over the last two decades and just half the state’s 2024 increase. This is in keeping with the U.S. overall, which saw international migration drop by over half in 2025, with every state experiencing a decline.

This month

Fewer Vermonters were let go from their jobs in November than in any previous month last year. This includes people laid off with no intent to rehire, discharged from downsized or closing businesses, and terminated, excluding private household employees and farm workers. Roughly 3,000 Vermonters were let go in November—2,000 fewer than the month before and 1,000 fewer than the preceding low for last year. Still, the November layoff figures were not uncommonly low for the state.