NH’s construction unemployment rate falls 1.7%

ABC reports year-over-year improvement in jobs picture

November 4, 2015

Jeff Feingold,

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.

Categories: Real Estate & Construction

More news from NHBR:

Master Leadership: Managing your energy

A regulated nervous system supports clarity, perspective and intentional action. Leadership effectiveness isn’t only cognitive; it’s embodied.

(Opinion) Special rules for crypto pose unacceptable risks

As crypto moves into the mainstream, led by crypto companies and fintech startups seeking to capitalize on this economic moment, there have been numerous calls to forgo existing standards in the name of strengthening innovation in the marketplace.

(Opinion) Celebrating impact during Community College Month

Community College Month will be recognized across the nation in April. Here in New Hampshire, there is much to celebrate.

(Opinion) We aren’t building a workforce pipeline; we’re waiting for it

Across New Hampshire, the conversation about workforce shortages sounds familiar: We can’t find people.

(Opinion) The Merrimack Valley runs on trust, not just transactions

Today’s consumers don’t just want convenience. They expect it, whether it is speed, digital tools, quick answers, and the ability to do routine tasks from their phones.

Cook on Concord: Time flies and world perspectives

Honoring a local centenarian; traveling abroad while war rages nearby

A season worth supporting

Beyond the anticipation of tee times and open fairways, the golf industry in northern New Hampshire is navigating a more complicated landscape than many realize. Like much of the economy, it is emerging from a post-COVID surge and settling into a new, less certain normal.

The Bottom Line: Planet Fitness, White Mountains Partners and Albany International

A roundup of news updates from public companies in NH and nationwide

Swings in the global energy market reach NH

Petroleum energy prices are rising globally, and New Hampshire is not immune to this increase. Sharp upward pressures on prices, particularly for crude oil, pose a new challenge to household budgets in the Granite State.