While it has fallen from the top rank it held only a couple of months earlier, New Hampshire remained in the top 10 among states with the lowest construction unemployment rates in January.
According to Associated Builders and Contractors, the state’s construction unemployment rate was 6.5 percent for the month, 0.9 percent lower than January 2015 and a reflection of continued activity in the sector as the warm weather continued in the 2015-16 winter season. New Hampshire’s rate was the seventh best in the nation, according to ABC.
It was however, 1.8 percent higher than the 4.7 percent construction jobless rate recorded in December 2015.
Nationally, the rate rose from a relatively low December rate of 7.5 percent to 8.5 percent in January – the lowest January national construction unemployment rate since January 2000, when ABC began recording joblessness in the construction industry.
Brian Gottlob uses these words to describe the state’s current economic climate: “Uncertainty rules.” The director of the New Hampshire Employment Security's Economic and Labor Market Information Bureau raised several issues — from immigration and unemployment, to housing prices and consumer spending — as reasons for both hope and concern for the economy into 2026.
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So far this year, the unemployment rate is ticking up, reaching 3% in February and 3.1% in March through July, and dipping slightly back to 3% in August
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