Economy

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.

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Economy

Data Point – so V shaped Recovery it is!

Well, at least it is starting to look that way: June private payrolls rose 2.37 million and there was a big positive revision for May, ADP says. “For the month, hiring was especially strong in the pivotal leisure and hospitality industry, which took the biggest hit as measures aimed at curbing the coronavirus spread meant shutting … Read more

Graph - Diminishing Returns

Higher Tax, Less Rehiring

With the pandemic driven business shutdowns, New Hampshire is expecting enough of a drop in Business Enterprise Tax (BET) to trigger a tax rate increase under a law passed a few years ago. The BET is a tax on having employees.

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