At only 4.4%, the New Hampshire Unemployment Rate is Head and Shoulders Above the Nation
The New Hampshire unemployment rate has fallen every month in 2014. April is no different. The preliminary April unemployment rate is 4.4%, a drop from the March rate of 4.5%. The states that border New Hampshire also have below average unemployment rates. The rate is 3.3% in Vermont, 5.7% in Maine and 6% in Massachusetts.
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.
Updated local rates for New Hampshire will be unveiled on May 22nd. As of April 29th, here are the unemployment rates for the four largest metropolitan areas in New Hampshire.
PORTSMOUTH, NH-ME MetroNECTA
ROCHESTER-DOVER, NH-ME MetroNECTA
MANCHESTER, NH MetroNECTA
NASHUA, NH-MA NECTA DIVISION
Click here for more detailed local unemployment employment information.