Latest New Hampshire jobless numbers offer a mixed picture
State initial unemployment claims drop, but still remain at a high level
First the good: State unemployment claims fell in the week ending Jan. 23.
There were 3,356 initial claims that week. That’s nearly 14% fewer than the number reported the previous week.
But on the other hand, the total was 27% higher than the one reported the week ending Jan. 16, so the state may have plateaued when it comes to jobs rather than turned a corner.
Either way, it’s still almost more than six times the number of people laid off before the pandemic began.
There were 28,275 continuing claims – filed by people still collecting benefits – for the week ending Jan. 16, a 2% decrease, after increases of 6% and 13% the previous weeks. Those figures are just the traditional state unemployment claims.
You have to go back still another week, to see what is happening with federal claims in New Hampshire, and they went up by a lot, to more than 20,000 for the week ending Jan. 9.
The number includes 10,938 continuing Covid-related claims – gig workers, business owners or those staying home for dependent care issues or exposure to the virus. That’s down up by 3,690, more than 50%. But it also includes 9,089 Granite Staters on extended benefits, which was up by nearly 2,000 – or 27% – from the previous week.
Nationally, there were 847,000 new claims, a nearly 6% percent decline after a very slight decrease a week earlier, and 5.8 million continuing claims, also a 6% decline.