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Author Topic: NH unemployment rate second lowest in the country  (Read 1010 times)

dalebert

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NH unemployment rate second lowest in the country
« on: May 02, 2016, 11:22:09 am »

This article focuses on the bad side of it, but it's excellent news for anyone who wants to move to NH and get work.

PORTSMOUTH, N.H. — New Hampshire has long boasted some enviable economic statistics: low poverty and crime rates, high median income. And lately, there’s been an especially eye-popping number: an unemployment rate that has dropped to 2.6 percent, the lowest in the country after South Dakota (2.5 percent).

However, not everyone in New Hampshire is cheering the news, least of all employers who are struggling to fill hundreds of vacancies and experts who are concerned the low unemployment number represents a major crimp on economic growth. As impressive as it might appear, the state’s low unemployment rate does not reflect a surge in hiring so much as it does the fact that employers are having to draw on a shrinking pool of skilled workers.

https://www.bostonglobe.com/business/2016/04/29/job-rate-should-envy-country-but-not-exactly-good-thing/1HEJslilnzfOzYBAx4ZD5L/story.html
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