Data Point - NH Unemployment - Granite Grok

Data Point – NH Unemployment


New Hampshire’s preliminary seasonally adjusted unemployment rate for February 2021 was 3.3%, New Hampshire Employment Security reported Tuesday. It represented a decrease of 0.3 percentage points from the January rate, which remained at 3.6% after revision.

The February 2020 seasonally adjusted rate was 2.6%.

New Hampshire’s unemployment rate boomed more than 17% last year after the pandemic hit but has since recovered and is now among the lowest in the country.

Seasonally adjusted estimates for February 2021 placed the number of employed residents at 736,520, an increase of 720 from January and a decrease of 14,290 from February 2020. The number of unemployed residents decreased by 2,190 over the month to 24,950. This was 4,780 more unemployed than in February 2020. From January 2021 to February 2021, the total labor force decreased by 1,470 to 761,470 — a decrease of 9,510 from February 2020. The national unemployment rate in February was 6.2%, according to the Bureau of Labor Statistics.

(H/T: Union Leader)