The New Hampshire unemployment rate has fallen every month in 2014. April was no different. The preliminary April unemployment rate is 4.4%, a drop from the March rate of 4.5%.
New Hampshire Employment Security issued a press release with the news.
Seasonally adjusted estimates for April 2014 placed the number of employed residents at 714,640, an increase of 2,200 from the previous month and an increase of 10,770 from April 2013. The number of unemployed residents decreased by 1,160 over-the-month to 32,740. This was 6,290 fewer unemployed than in April 2013. From March 2014 to April 2014, the total labor force increased by 1,040 to 747,380. This was an increase of 4,480 from April 2013.
The March numbers for the four largest metros in New Hampshire: PORTSMOUTH, NH-ME MetroNECTA 3.9%; ROCHESTER-DOVER, NH-ME MetroNECTA 4.3%; MANCHESTER, NH MetroNECTA 4.4%; NASHUA, NH-MA NECTA DIVISION 4.9%
See more detailed New Hampshire employment data at New Hampshire Freedom.
While the size of the New Hampshire labor market increases month after month, the unemployment rate continues to fall. While the US unemployment rate remains stagnant at 6.7%, there is a clear trend developing in New Hampshire. Jobs, job and more jobs! New Hampshire continues to have the 2nd lowest unemployment rate in the East. The only Eastern state with a lower unemployment rate is Vermont at 3.4%. The unemployment rate is 5.9% in Maine and 6.3% in Massachusetts, the only other states that border New Hampshire. See more detailed New Hampshire employment data at New Hampshire Freedom.
According to New Hampshire Employment Security, New Hampshire's unemployment rate is now below 5%. The January 2014 unemployment rate is 4.9%. For months now, New Hampshire has had the 2nd lowest unemployment rate in the East. The only Eastern state with an unemployment rate lower than New Hampshire is border state Vermont, which scores low on liberty metrics. See more detailed New Hampshire employment data at New Hampshire Freedom.
Looking for a job in New Hampshire? There are lots of helpful resources linked to in the Free State Project Forum. Specifically, this post. Check out the upcoming New Hampshire job fairs. If you are on Facebook, consider joining the FSP Job Alert page, for job listings and general support from the Porcupine community. Happy hunting!