April new hires fall 9.5 percent


New Hampshire employers added new workers at a slower rate in April than the previous month, according to data from the New Hampshire Department of Employment Security.Some 18,110 new employees were hired last month, 1,912 fewer than in March – a drop of 9.5 percent.The figure was still ahead of last April's pace, but only by 1.5 percent. New Hampshire employers added 17,851 workers in April 2009.So far this year, employers have added 68,963 new employees – 31.6 percent more than the 63,327 workers added in the first four months of 2009.Employment Security tracks the data monthly from W4 forms submitted by employers, which are required by law to report new hire information.Companies that have locations in multiple states, however, can choose which state to report the data to, regardless of where the employee was hired. The data also include workers who have been rehired and some independent contractors.The department also says that there is a potential for under-reporting because, although there can be civil penalties up to $25 for each new hire not reported as well as fines up to $500 for employers who conspire with new hires not to report, department officials were not aware of any noncompliance enforcement actions. — CINDY KIBBE/NEW HAMPSHIRE BUSINESS REVIEW
Edit Module
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags