New Hampshire’s construction unemployment rate fell to 4.4 percent in September, a drop of 1.7 percent from a year earlier and 0.9 percent from August, according to new data from Associated Builders and Contractors.
Nationally, construction unemployment rates were down in 48 states in September on a year-over-year basis, ABC reported. For the first three quarters of the year, construction companies added 121,000 seasonally adjusted jobs, the organization said.
According to ABC economist Bernard Markstein, the improvement in the September construction unemployment rate from August “appears to be a combination of expanding construction activity and general improvement in particular state economies.
The five states with the lowest construction unemployment rates were North Dakota, South Dakota, Wyoming, Utah and Maryland.
The five states with the highest construction unemployment rates were Mississippi, West Virginia, Connecticut, Georgia and Rhode Island.
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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