New Hampshire ECONOMIC CONDITIONS November 2020New Hampshire's Manufacturing Sector....

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New Hampshire's Manufacturing SectorManufacturing was the 3rd largest industry sector in New Hampshire in 2019, employing an average of 71,500 workers. While total nonfarm employment in New Hampshire increased in 2019, manufacturing employment decreased during the second half of the year. Manufacturing employment fell by 1,400 jobs between June 2019 and November 2019, a decline of two percent. This was part of a nationwide trend, as manufacturing employment throughout the U.S. fell 1.4 percent over that period.

Manufacturing employment in New Hampshire increased slightly from December 2019 through February 2020 but efforts to contain the coronavirus derailed the industry’s recovery. Between February and April, manufacturing employment in

New Hampshire declined by 5,800 jobs, roughly eight percent of the pre-pandemic workforce. This decline was not as severe as the decrease in New Hampshire’s total nonfarm workforce, which decreased 16.7 percent. However, total nonfarm employment increased by 11.3 percent from May through October, while manufacturing employment was flat, increasing by less than one percent.

Earnings and Hours WorkedManufacturing sector workers worked longer hours on average than private sector workers as a whole. Workers in the private sector (including part-time workers) worked an average of 33.4 hours per week in 2019, while manufacturing workers averaged 41.7 hours per week. Hours worked by manufacturing workers decreased

during the pandemic; the average worker worked only 40.1 hours per week between April and October.

Average hourly wages for manufacturing workers increased over the same time period, from $28.22 in April 2020 to $28.75 in October 2020, meaning the average weekly wage remained roughly the same. The increase in average wages

New HampshireNew HampshireECONOMIC CONDITIONSECONOMIC CONDITIONS November 2020November 2020

Employment decline starts in June 2019

10,500

11,000

11,500

12,000

12,500

13,000

13,500

60

62

64

66

68

70

72

74

Jan-

18

Mar

-18

May

-18

Jul-1

8

Sep-

18

Nov-

18

Jan-

19

Mar

-19

May

-19

Jul-1

9

Sep-

19

Nov-

19

Jan-

20

Mar

-20

May

-20

Jul-2

0

Sep-

20

Thou

sand

s (U.

S.)

Thou

sand

s (Ne

w H

amps

hire

)

Manufacturing Employment

New Hampshire U.S.

Manufacturing Employment

Source: U.S. Bureau of Labor Statistics, Current Employment Statistics

INSIDE THIS ISSUE:Seasonally AdjustedEstimates Unemployment Rates ..................... 4 Current Employment Statistics ..... 4Not Seasonally AdjustedEstimates Unemployment Rates ...................... 5

Current Employment Statistics ..... 8Claims Activity ........................... 9

New Hampshire Economic Conditions - November 2020 www.nhes.nh.gov/elmi

New Hampshire Employment Security, Economic and Labor Market Information Bureau 2

is likely a result of layoffs – typically, businesses lay off new hires before they lay off more experienced staff. The increase in average hourly wages likely reflects the layoff of lower-paid, newly-hired workers, and not an increase in the wages of individual workers in manufacturing during the time period.

Half of workers in the manufacturing sector are employed in production occupations – occupations that are responsible for producing the goods sold by New Hampshire’s manufacturing sector. Production workers worked slightly longer hours than manufacturing sector workers overall, working 42.5 hours per week in 2019, compared to 41.7 hours for all workers in the sector, but were paid roughly four dollars per hour less, $22.48, compared to $26.65 for all manufacturing workers. During the Covid-19 pandemic, since April 2020, production workers have worked an average of just 40.9 hours per week, similar to the decline in hours for all manufacturing workers. Hourly wages for production workers decreased in April, May and June 2020, before increasing again in July, surpassing the average pre-pandemic wage. Increased wages were not enough to offset the decrease in hours, however, and production worker earnings were slightly less than before the pandemic.

Characteristics of Manufacturing WorkersThe manufacturing industry sector offers opportunities to workers of all education levels to earn a wage near or above the statewide average. Manufacturing workers age 25 or

older1 who were in stable employment (workers who were employed at the same firm for a full quarter) and had not attained a high school diploma earned average annual wages of $57,120 in 2019, just below the statewide average for all workers in stable employment, $59,352.2 Average earnings for manufacturing workers with either a high school diploma or postsecondary education were greater than the statewide average.

Among manufacturing workers age 25 or older, 32 percent had attained either some college education or an associate’s

1 Workers age 24 or younger are excluded from this count, since many of them have not yet completed their education. 2 High-earning individuals significantly increase the average wage. A median wage – the value “in the middle” that separates the higher half from the lower half of the data values – would be lower than the average wage, and

be more representative of what a typical worker earns. This data set also excludes workers age 24 or younger, who typically earn less than their more experienced colleagues.

52,000

57,000

62,000

67,000

72,000

77,000

500,000

550,000

600,000

650,000

700,000

750,000

Jan-

17

Apr-1

7

Jul-1

7

Oct-1

7

Jan-

18

Apr-1

8

Jul-1

8

Oct-1

8

Jan-

19

Apr-1

9

Jul-1

9

Oct-1

9

Jan-

20

Apr-2

0

Jul-2

0

Oct-2

0

Man

ufac

turin

g

Tota

l Non

farm

Total Nonfarm and Manufacturing Employment

Total Nonfarm Manufacturing

Total Nonfarm and Manufacturing Employment

Source: New Hampshire Employment Security, Current Employment Statistics

$1,164.38

$28.75

$950

$1,000

$1,050

$1,100

$1,150

$1,200

20

25

30

35

40

45

Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20

Hours Worked and Wages for Manufacturing Workers

Weekly Earnings Weekly Hours Hourly Earnings

40.5

Hours Worked and Wages for Manufacturing Workers




3 Employment projections make no assumptions about business cycle fluctuations, natural disasters, or other catastrophic events. 2018 - 2028 projections were developed before the pandemic, and do not account for any impacts the pandemic will have on employment trends.

degree, a larger share of the workforce than any other level of educational attainment. This cohort surpassed workers with a high school diploma in 2012, as manufacturing employers increasingly look to hire skilled labor.

There are still many opportunities in manufacturing for workers with lower levels of educational attainment. Workers with a high school diploma account for 31 percent of the manufacturing workforce in 2019. Workers with less than a high school diploma represented the smallest share among manufacturing workers, accounting for 11 percent of workers. While there are still opportunties for workers with lower levels of educational attainment, increasingly those opportunties require some training or education beyond high school.

One third of manufacturing workers are age 55 or older. As these workers reach retirement age and leave the labor force, employers will need to hire to replace them. New Hampshire Employment Security’s long-term employment projections estimated a 3.8 percent decline for manufacturing employment from 2018 to 2028.3 Although the total number of jobs in this industry is likely to decrease, replacement of retiring workers will still result in many opportunities for workers to find employment in the manufacturing sector.

- Greg David, Economist

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

Less than highschool

High school orequivalent, no

college

Some college orAssociate's degree

Bachelor's degreeor advanced degree

Average Annual Earnings for Workers in Stable Eployment

Manufacturing Workers Workers, All Sectors

Average Annual Earnings for Workers in Stable Employment

Source: U.S. Census Bureau, Longitudinal-Employer Household Dynamics Program

41.0

$880

$900

$920

$940

$960

$980

15

20

25

30

35

40

45

Jan-

19Fe

b-19

Mar

-19

Apr-1

9M

ay-1

9Ju

n-19

Jul-1

9Au

g-19

Sep-

19Oc

t-19

Nov-

19De

c-19

Jan-

20Fe

b-20

Mar

-20

Apr-2

0M

ay-2

0Ju

n-20

Jul-2

0Au

g-20

Sep-

20Oc

t-20

Earnings and Hours Worked for Production Workers in Manufacturing Sector

Weekly Earnings Weekly Hours Hourly Earnings

$943.82

$23.02

Earnings and Hours Worked for Production Workers in Manufacturing Sector




SEASONALLY ADJUSTED ESTIMATES

Local Area Unemployment Statistics (LAUS) Unemployment Rate, NH and US

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

Sep-15 Sep-16 Sep-17 Sep-18 Sep-19 Sep-20

United States 7.9%

New Hampshire6.0%

Current monthis preliminary;

past monthsare revised

Prior data and area data are available on our website at: www.nhes.nh.gov/elmi/statistics/ces-htm

Number of Jobs Change From Previous

Sep-20 Aug-20 Sep-19 Month Year

Total Nonfarm 632,800 630,500 685,600 2,300 -52,800

Total Private 548,200 542,500 595,200 5,700 -47,000

Mining and Logging 900 900 900 0 0

Construction 27,400 26,600 28,100 800 -700

Manufacturing 64,700 65,200 71,600 -500 -6,900

Durable Goods 48,900 49,400 53,500 -500 -4,600

Non-Durable Goods 15,800 15,800 18,100 0 -2,300

Trade, Transportation, and Utilities 125,700 125,100 139,000 600 -13,300

Wholesale Trade 25,600 25,400 28,300 200 -2,700

Retail Trade 84,500 83,900 93,600 600 -9,100

Transportation, Warehousing, and Utilities 15,600 15,800 17,100 -200 -1,500

Information 11,400 11,700 12,300 -300 -900

Financial Activities 35,600 35,200 34,900 400 700

Financial and Insurance 28,000 27,700 27,900 300 100

Real Estate and Rental and Leasing 7,600 7,500 7,000 100 600

Professional and Business Services 78,200 76,900 84,200 1,300 -6,000

Professional, Scientific, and Technical Services 37,800 36,900 39,300 900 -1,500

Management of Companies and Enterprises 8,800 8,900 9,300 -100 -500

Administrative and Support and WasteManagement and Remediation Services

31,600 31,100 35,600 500 -4,000

Education and Health Services 120,600 122,100 125,500 -1,500 -4,900

Educational Services 30,600 32,800 31,000 -2,200 -400

Health Care and Social Assistance 90,000 89,300 94,500 700 -4,500

Leisure and Hospitality 56,500 52,300 73,000 4,200 -16,500

Arts, Entertainment, and Recreation 10,500 9,000 13,000 1,500 -2,500

Accommodation and Food Services 46,000 43,300 60,000 2,700 -14,000

Other Services 27,200 26,500 25,700 700 1,500

Government 84,600 88,000 90,400 -3,400 -5,800

Federal Government 9,200 9,400 8,100 -200 1,100

State Government 20,600 22,300 24,500 -1,700 -3,900

Local Government 54,800 56,300 57,800 -1,500 -3,000

Seasonally Adjusted Sep-20 Aug-20 Sep-19

United States 7.9% 8.4% 3.5%

Northeast 8.5% 11.0% 3.8%

New England 8.4% 9.5% 3.0%

Connecticut 7.8% 8.1% 3.7%

Maine 6.1% 7.0% 2.9%

Massachusetts 9.6% 11.4% 2.8%

New Hampshire 6.0% 6.6% 2.6%

Rhode Island 10.5% 12.9% 3.5%

Vermont 4.2% 4.8% 2.4%

Mid Atlantic 8.5% 11.5% 4.0%

New Jersey 6.7% 11.1% 3.6%

New York 9.7% 12.5% 3.9%

Pennsylvania 8.1% 10.4% 4.6%

Current Employment Statistics (CES) by Place of Establishment

Unemployment Estimates by Region



September 2020: Unemployment Rates by LMAUnemployment Rate

5.0% and belo w

5.1% - 5.5%

5.6% - 6.0%

6.1% - 6.5%

6.6% and over

1

3

2

4 5

6

7 8 911

10 1512 13

14 1617 18 19

20 2122 23 25

26 24 2827

Not Seasonally Adjusted Sep-20 Aug-20 Sep-19

United States 7.7% 8.5% 3.3%

Northeast 8.2% 11.0% 3.5%

New England 8.2% 9.4% 2.8%

Connecticut 7.5% 8.2% 3.5%

Maine 5.4% 6.2% 2.3%

Massachusetts 9.5% 11.2% 2.7%

New Hampshire 5.6% 6.4% 2.3%

Rhode Island 10.1% 13.0% 3.1%

Vermont 4.1% 4.6% 2.3%

Mid Atlantic 8.2% 11.6% 3.7%

New Jersey 6.5% 11.1% 3.4%

New York 9.4% 12.5% 3.6%

Pennsylvania 7.7% 10.6% 4.2%

NOT SEASONALLY ADJUSTED ESTIMATES BY PLACE OF RESIDENCE

New Hampshire Sep-20 Aug-20 Sep-19

Total Civilian Labor Force 737,010 745,380 772,690

Employed 695,700 697,550 754,860

Unemployed 41,310 47,830 17,830

Unemployment Rate 5.6% 6.4% 2.3%

United States (# in thousands) Sep-20 Aug-20 Sep-19

Total Civilian Labor Force 160,073 160,966 163,943

Employed 147,796 147,224 158,478

Unemployed 12,277 13,742 5,465

Unemployment Rate 7.7% 8.5% 3.3%

Labor Force Estimates Unemployment Rates by Region

Counties Sep-20 Aug-20 Sep-19

Belknap 5.9% 6.5% 2.2%

Carroll 6.2% 6.9% 2.2%

Cheshire 5.3% 5.9% 2.4%

Coös 5.8% 6.8% 2.4%

Grafton 4.5% 5.2% 2.1%

Hillsborough 5.9% 6.8% 2.4%

Merrimack 4.8% 5.6% 2.1%

Rockingham 6.0% 6.8% 2.4%

Strafford 5.3% 6.1% 2.2%

Sullivan 4.8% 5.4% 2.2%

Map Key Labor Market Areas Sep-20 Aug-20 Sep-19

1 Colebrook, NH-VT LMA, NH Portion 4.4% 5.0% 2.2%

2 Littleton, NH-VT LMA, NH Portion 5.8% 6.6% 2.0%

3 Berlin NH Micropolitan NECTA 6.3% 7.6% 2.8%

4 Haverhill, NH LMA 4.8% 5.4% 2.2%

5 Conway, NH-ME LMA, NH Portion 6.1% 6.9% 2.1%

6 Plymouth, NH LMA 4.6% 5.3% 2.2%

7Lebanon, NH-VT Micropolitan NECTA, NH Portion

3.8% 4.4% 2.0%

8 Meredith, NH LMA 5.2% 5.9% 2.0%

9 Wolfeboro, NH LMA 6.3% 7.0% 2.4%

10 Franklin, NH LMA 6.4% 7.2% 2.3%

11 Laconia, NH Micropolitan NECTA 6.7% 7.3% 2.4%

12 Expanded Claremont, NH estimating area 5.1% 5.7% 2.3%

13 New London, NH LMA 4.1% 4.9% 2.2%

14 Concord, NH Micropolitan NECTA 4.7% 5.4% 2.0%

15 Belmont, NH LMA 5.4% 6.0% 2.2%

16Dover-Durham, NH-ME Metropolitan NECTA, NH Portion

5.3% 6.1% 2.2%

17 Charlestown, NH LMA 5.4% 5.7% 2.0%

18 Hillsborough, NH LMA 4.9% 5.6% 2.4%

19 Raymond, NH LMA 5.2% 5.9% 2.2%

20 Manchester, NH Metropolitan NECTA 5.7% 6.5% 2.2%

21Portsmouth, NH-ME Metropolitan NECTA, NH Portion

5.3% 6.0% 2.1%

22 Keene, NH Micropolitan NECTA 5.3% 6.0% 2.4%

23 Peterborough, NH LMA 4.9% 5.6% 2.3%

24Nashua, NH-MA NECTA Division, NH Portion

6.0% 6.9% 2.5%

25Seabrook-Hampstead Area, NH Portion, Haverhill-Newburyport-Amesbury MA-NH NECTA Division

6.7% 7.8% 2.7%

26Hinsdale Town, NH Portion, Brattleboro, VT-NH LMA

6.9% 7.7% 3.0%

27Pelham Town, NH Portion, Lowell-Billerica-Chelmsford, MA-NH NECTA Division

7.3% 8.5% 2.8%

28Salem Town, NH Portion, Lawrence-Methuen-Salem, MA-NH NECTA Division

7.5% 8.7% 2.9%

Current month is preliminary;past months are revised

Unemployment Rates by Area

September 2020: Unemployment Rates by LMAUnemployment Rate

5.0% and belo w

5.1% - 5.5%

5.6% - 6.0%

6.1% - 6.5%

6.6% and over

1

3

2

4 5

6

7 8 911

10 1512 13

14 1617 18 19

20 2122 23 25

26 24 2827

2525

33

11

55

22

44

991111

88

15151010

66

13131212

77

17171414

1818

22222020

24242323

1616

19192121

28282727

2626



MONTHLY ESTIMATES BY PLACE OF ESTABLISHMENT

Current monthis preliminary;

past monthsare revised

Total Nonfarm Employment TrendTotal Nonfarm Employment Trend Through September 2020

700,000690,000680,000670,000660,000650,000640,000630,000620,000610,000600,000590,000 Seasonally Adjusted

Not Seasonally Adjusted580,000570,000560,000

Sep-

10Ja

n-11

May

-11

Sep-

11Ja

n-12

May

-12

Sep-

12Ja

n-13

May

-13

Sep-

13Ja

n-14

May

-14

Sep-

14Ja

n-15

May

-15

Sep-

15Ja

n-16

May

-16

Sep-

16Ja

n-17

May

-17

Sep-

17Ja

n-18

May

-18

Sep-

18Ja

n-19

May

-19

Sep-

19Ja

n-20

May

-20

Sep-

20

Number of Jobs Change From Previous

Sep-20 Aug-20 Sep-19 Month Year

Total Nonfarm 634,400 629,500 686,500 4,900 -52,100

Total Private 548,800 552,700 595,400 -3,900 -46,600

Mining and Logging 1,000 1,000 1,000 0 0

Construction 28,400 28,000 29,100 400 -700

Manufacturing 64,900 65,800 71,200 -900 -6,300

Durable Goods 49,100 50,000 53,200 -900 -4,100

Non-Durable Goods 15,800 15,800 18,000 0 -2,200

Trade, Transportation, and Utilities 124,400 126,700 138,200 -2,300 -13,800

Wholesale Trade 25,600 25,700 28,200 -100 -2,600

Retail Trade 83,000 85,200 92,700 -2,200 -9,700

Transportation, Warehousing, and Utilities 15,800 15,800 17,300 0 -1,500

Information 11,400 11,700 12,200 -300 -800

Financial Activities 35,900 35,900 34,800 0 1,100

Professional and Business Services 78,600 79,300 84,600 -700 -6,000

Education and Health Services 120,100 115,600 124,700 4,500 -4,600

Leisure and Hospitality 57,600 62,000 74,100 -4,400 -16,500

Other Services 26,500 26,700 25,500 -200 1,000

Government 85,600 76,800 91,100 8,800 -5,500

Federal Government 9,200 9,400 8,100 -200 1,100

State Government 20,800 19,700 24,700 1,100 -3,900

Local Government 55,600 47,700 58,300 7,900 -2,700

New Hampshire Nonfarm Employment Statewide Not Seasonally Adjusted

Total Nonfarm Employment Trend Through September 2020



MONTHLY ESTIMATES BY PLACE OF ESTABLISHMENT

Nonfarm Employment by Metropolitan Statistical Areas - September 2020

$998.87

$885.19

$1,107.03

$936.99

$1,033.38

$1,027.87

$918.45

$1,138.43

$977.68

$1,032.86

$917.28

$838.86

$1,020.01

$908.08

$948.26

New Hampshire

Dover-Durham NH-ME Metro

Manchester NH Metro NECTA

Nashua NH-MA NECTA Division

Portsmouth NH-ME Metro

All Employee Average Weekly Earnings

Sep-20Aug-20Sep-19

$944.76

$934.62

$951.05

$941.41

$962.46

$980.64

Manufacturing

Durable Goods

Production Workers Average Weekly Earnings

Sep-20

Aug-20

Sep-19

600

-200

800

-6,600

-4,100

-2,500

-7,000

-6,000

-5,000

-4,000

-3,000

-2,000

-1,000

0

1,000

2,000

Total Nonfarm Total Private Government

Dover-Durham NH-ME Metro NECTA

Over-the-Month Over-the-Year

400

-800

1,200

-9,300-8,800

-500

-10,000

-8,000

-6,000

-4,000

-2,000

0

2,000

4,000


Manchester Metro NECTA

100 K

rich black

Over-the-Month

Over-the-Year

1,200

-1,200

2,400

-8,000 -8,100

100

-10,000

-8,000

-6,000

-4,000

-2,000

0

2,000

4,000


Nashua NH-MA NECTA Division

Over-the-Month

Over-the-Year

-1,400 -1,600

200

-9,300 -9,600

300

-12,000

-10,000

-8,000

-6,000

-4,000

-2,000

0

2,000

4,000


Portsmouth NH-ME Metro NECTA

Over-the-MonthOver-the-Year

Total Private Average Weekly Earnings Data

Sector data for the four areas and hours earnings data are available on our website: www.nhes.nh.gov/elmi/statistics/ces-data.htm

Dover-Durham NH-ME Metro NECTA Manchester Metro NECTA

Portsmouth NH-ME Metro NECTA Nashua NH-MA NECTA Division

All Employee Average Weekly Earnings Production Workers Average Weekly Earnings



MONTHLY ANALYSIS OF CURRENT EMPLOYMENT STATISTICS (CES)

Seasonally AdjustedTotal nonfarm employment increased by 2,300 jobs in September, according to preliminary seasonally adjusted estimates. Employment decreased from 691,000 in January 2020 to 572,000 in April, for a loss of 119,000 jobs, due to the coronavirus (COVID-19) pandemic and efforts to contain it. Through September, a total of 60,800 jobs have been recovered.

Five private industry supersectors also experienced their lowest level of employment in April. Construction employment decreased by 3,000 from January to April, but gained 800 jobs over the month and had recovered 1,200 jobs compared to the level in April. Financial activities suffered a loss of only 700 positions as of April, and the September level was 900 jobs higher than it was in January. Private education and health services lost 1,500 jobs from August to September, but had recovered 11,600 of the jobs lost in April. The leisure and hospitality supersector was the industry hardest hit by the pandemic, with 46,000 jobs lost as of April. In September, employment was up by 4,200 over the month and the supersector had recovered 28,300 jobs. Other services lost about one-quarter of its employment as of April, with 7,100 jobs lost. This supersector rebounded quickly, recovering 6,700 jobs as of September.

Several other supersectors experienced their lowest level of employment after April, as secondary effects of the coronavirus impacted these industries in subsequent months. Manufacturing employment reached a low in July and experienced a loss of 500 over the most recent month, resulting in a loss of 6,700 jobs since January. Trade, transportation, and utilities hit a low of 115,300 employed in May. The recovery has been slow and steady with an increase of 600 jobs in September. Information lost 300 jobs over the month and the employment level was 1,000 lower than it was in January. Professional and business services lost 9,700 positions by June. In September, employment in this industry remained 6,500 below the January level. Mining and logging was essentially unchanged throughout the year, dropping from a level of 1,000 to 900 in May, where it remained in September. Government employment decreased by 3,400 in September, but it was 2,600 above the low of 82,000 jobs in May.

Not Seasonally AdjustedPreliminary unadjusted estimates for September show that total nonfarm employment decreased by 52,100 jobs since September 2019, reflecting the impact on employment due to the coronavirus (COVID-19) pandemic and efforts to contain it. Employment losses were experienced in all but three supersectors over-the-year. Financial activities had 1,100 more positions than in September 2019 while other services had increased by 1,000. Mining and logging was unchanged over-the-year. Leisure and hospitality experienced the largest decrease, with 16,500 fewer jobs than in September 2019. Trade, transportation, and utilities employment decreased by 13,800, while manufacturing shed 6,300 jobs.

Professional and business services reduced payrolls by 6,000, while private education and health services lost 4,600 positions. Information employment declined by 800 and Construction cut 700 jobs over-the-year. Government employment decreased by 5,500 from September 2019 to September 2020.

Unadjusted estimates provide a snapshot of the number of New Hampshire jobs by industry in any given month. However, over-the-month changes to unadjusted employment estimates reflect both changes in economic conditions and seasonal patterns of employment growth and decline. All industries experience seasonal changes to some degree, although these patterns tend to be more obvious in leisure and hospitality; trade, transportation, and utilities and construction. Over-the-month changes to unadjusted employment estimates should not be compared without consideration for the normal seasonal pattern of the appropriate industries. The most appropriate method for the comparison of unadjusted monthly data is to compare the estimates for the same month in different years; as this will minimize, but not eliminate, the effect of seasonal employment patterns on observed changes.

– Robert Cote, Research Analyst

4,900

-3,900

0

400

-900

-2,300

-300

0

-700

4,500

-4,400

-200

8,800

-52,100

-46,600

0

-700

-6,300

-13,800

-800

1,100

-6,000

-4,600

-16,500

1,000

-5,500

Total Nonfarm

Total Private

Mining & Logging

Construction

Manufacturing

Trade, Transportation, & Utilities

Information

Financial Activities

Professional & Business Services

Education & Health Services

Leisure & Hospitality

Other Services

Government


2,300

5,700

0

800

-500

600

-300

400

1,300

-1,500

4,200

700

-3,400

-52,800

-47,000

0

-700

-6,900

-13,300

-900

700

-6,000

-4,900

-16,500

1,500

-5,800

Total Nonfarm

Total Private

Mining & Logging

Construction

Manufacturing

Trade, Transportation, & Utilities

Information

Financial Activities

Professional & Business Services

Education & Health Services

Leisure & Hospitality

Other Services

Government


Seasonally Adjusted September 2020 Change Not Seasonally Adjusted September 2020 Change



Consumer Price Index

Unemployment Compensation Claims Activity

265 4.0%

1982 – 1984 = 100260

3.0%255

250 2.0%

245

240 1.0%

2350.0%

230 Over-the-Year Percent ChangeConsumer Price Index

225 -1.0%

Cons

umer

Pric

e In

dex

Sep-

17

Nov

-17

Jan-

18

Mar

-18

May

-18

Jul-1

8

Sep-

18

Nov

-18

Jan-

19

Mar

-19

May

-19

Jul-1

9

Sep-

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Consumer Price Index United States, All Urban Consumers

New Hampshire Economic Conditions is published monthly in coordination with the Bureau of Labor Statistics and theEmployment Training Administration of the U.S. Department of Labor.

To order publications, visit our website at: www.nhes/nh/gov/elmi, call 603-228-4124or send a written request to the following address:

ELMI PublicationsNH Employment Security

45 South Fruit StreetConcord, NH 03301-4857

NH Employment Security is a proud member of America’s Workforce Network and NH Works.NHES is an Equal Opportunity Employer and complies with the Americans with Disabilities Act.

Auxiliary aids and services are available upon request to individuals with disabilities.

New Hampshire Employment Security Local Offices

Berlin . . . . . . . . . . . . . . . . . 752-5500 Claremont . . . . . . . . . . . . . . . . . 543-3111Concord . . . . . . . . . . . . . . 228-4100 Conway . . . . . . . . . . . . . . . . . . 447-5924Keene . . . . . . . . . . . . . . . . . 352-1904 Laconia . . . . . . . . . . . . . . . . . . . 524-3960Littleton . . . . . . . . . . . . . . . 444-2971 Manchester . . . . . . . . . . . . . . . 627-7841 Nashua . . . . . . . . . . . . . . . 882-5177 Portsmouth . . . . . . . . . . . . . . 436-3702 Salem . . . . . . . . . . . . . . . . . 893-9185 Somersworth . . . . . . . . . . . . . 742-3600

Claims calls: 1-800-266-2252

New Hampshire Employment Security Economic and Labor Market Information Bureau

General Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (603) 228-4124www .nhes .nh .gov/elmi

Research Unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 228-4173Economist . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 229-4427Covered Employment & Wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 228-4060Current Employment Statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 228-4175Local Area Unemployment Statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . 228-4167Occupational Employment Statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . 229-4315

Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20Initial Claims 90,023 34,031 23,827 26,658 10,369 8,936

Continued Weeks Claimed 352,681 404,164 323,039 162,664 144,029 97,600

Average payment for a week of unemployment $263.90 $253.57 $239.67 $255.15 $260.52 $272.34

United States, All Urban ConsumersNot Seasonally Adjusted (CPI-U) (1982-1984=100)

Change From PreviousSep-20 Aug-20 Sep-19 Month Year260.280 259.918 256.759 0.1% 1.4%

Northeast, All Urban ConsumersNot Seasonally Adjusted (CPI-U) (1982-1984=100)

Change From PreviousSep-20 Aug-20 Sep-19 Month Year273.925 273.597 270.563 0.1% 1.2%

New Hampshire ECONOMIC CONDITIONS November 2020New Hampshire's Manufacturing Sector....

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Transcript of New Hampshire ECONOMIC CONDITIONS November 2020New Hampshire's Manufacturing Sector....