The year 2016 will be a very good year for the NH economy with strong employment growth, driven by a continued recovery in the housing sector and low energy prices overall, according to research by the NH Center for Public Policy Studies in Concord.
In the forecast presented one year ago, it noted that NH and Vermont were in a foot race to see which state had the second fastest job recovery in New England. Massachusetts had already recovered all of the jobs lost in the Great Recession. As of October, NH is back to the level of employment last seen before the beginning of the Great Recession.
New Hampshire has a low unemployment rate (3.4 percent in September 2015 compared to the U.S. 5.1 percent), and state job growth has been gaining strength. About half of the jobs added in the last few years pay an above average wage.
To read the full report, click here.
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