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Apr 12, 2016 5:30 PM

NH's unemployment rate lowest in the nation

The Associated Press

CONCORD (AP) - State officials say the state's unemployment rate dropped slightly in March to 2.6 percent.

The state employment security office says the preliminary seasonally adjusted unemployment rate is down one-tenth of a percentage point from the February rate of 2.7 percent.

The seasonally adjusted unemployment rate for March 2015 was 3.7 percent.

The state estimates that 724,890 people were employed last month, an increase of 2,990 from the previous month and an increase of 10,560 from March 2015.

Nationally, the seasonally adjusted unemployment rate for March was 5 percent, an increase of a tenth of a percentage point from February. It was a decrease of half a percentage point from the March 2015 rate.

Governor Hassan’s Statement on March Unemployment Rate

“In February, New Hampshire’s unemployment rate was tied for the lowest in the nation, and with it falling again in March to 2.6 percent, it is clear that our economy continues to move in the right direction. With this low unemployment rate, innovative businesses looking to grow here in New Hampshire need more workers now, which is why I have announced our Gateway to Work Plan to develop and expand our workforce as our economy continues to strengthen, while at the same time closing the opportunity gap for our families. Working across party lines, we have made real bipartisan progress for our people and businesses, but there is still more work to do to support job-creating businesses, expand middle class opportunity and build a stronger, more innovative New Hampshire where all of our people have the opportunity to get ahead and stay ahead.” Hassan's statement read.

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