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New Hampshire Unemployment Rate Drops to 4.5%, US Unemployment Rate Stuck at 6.7% Since December

April 24, 2014

2014nhdata

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.

 

Unemployment drops in New Hampshire

Unemployment drops in New Hampshire

For March, the New Hampshire unemployment rate fell from 4.7% to 4.5%. The rate also fell in states that border New Hampshire, such as Massachusetts. The US rate remained at 6.7% for yet another month.

 

nhasawhole

Unemployment rate estimates in various New Hampshire communities.

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