new hampshire economic conditions july 2021

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Job Postings Show Indications of a Tight Labor Market in New Hampshire

Based on data from Emsi Burning Glass’ Labor Insight, the number of online job postings from New Hampshire-based employers began to increase from pandemic-related lows in March 2021. The number of job postings remained high throughout the second quarter of 2021. Economic restrictions related to the coronavirus pandemic were largely phased out during the spring, and businesses appeared to be ready to increase staffing levels. However, employment growth did not keep pace with the increase in job openings, and many businesses reported finding it difficult to fill open positions.

Labor markets follow the laws of supply and demand. When many individuals compete for a relatively

small number of open positions, businesses may offer lower wages, or can be more selective about which candidates to hire, looking for higher levels of education, specific skills, or years of experience. In a tight labor market, when there are large numbers of job openings but relatively few job applicants, businesses typically need to increase wages, to encourage workers to either seek a new position, or enter or re-enter the workforce.

Salaries in Job Postings Have IncreasedAn increase in wages from year to year is normal. The Economic Policy Institute (a progressive think thank) sets a growth target for nominal wage growth of between 3.5 and 4.0 percent. This growth allows worker income to

keep pace with productivity growth, the Federal Reserve’s overall price inflation target, and maintains workers’ share of corporate income.1 Between 2015 and 2019, the average weekly wage for New Hampshire workers increased by between 1.9 and 3.3 percent, slightly below this target wage growth. A wage

1 Economic Policy Institute, Nominal Wage Tracker. https://www.epi.org/nominal-wage-tracker/.

New HampshireNew HampshireECONOMIC CONDITIONSECONOMIC CONDITIONS July 2021July 2021

INSIDE THIS ISSUE:Seasonally AdjustedEstimates Unemployment Rates ...................... 5 Current Employment Statistics ...... 5Not Seasonally AdjustedEstimates Unemployment Rates ...................... 6

Current Employment Statistics ...... 7Claims Activity ......................... 10

8.6% 27.6%15.4% 118.5%

10.8%2.1% 4.2%

5.0% 5.7%

$- $10,000 $20,000 $30,000 $40,000 $50,000 $60,000

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Median Advertised Salary in Job Postings

20212019

Source: Labor Insight, Emsi Burning Glass

Median Advertised Salary in Job Postings

New Hampshire Economic Conditions - July 2021 www.nhes.nh.gov/elmi

New Hampshire Employment Security, Economic and Labor Market Information Bureau 2

increase greater than the nominal wage growth level can indicate that a labor market is tight, and that there are more job openings than applicants.

Labor Insight’s online job posting data includes the median salary advertised in job ads.2 Comparing advertised salaries in job ads from May and June 2021 to salaries in ads from May and June of 2019, shows the difference between current advertised salaries and pre-pandemic salaries. Over that two year period, the median advertised salary increased 8.6 percent (a 4.2 percent annual rate of increase), from an annual salary of $35,000 to $38,000.3

The increase in advertised salary varied by industry, indicating that difficulty in filling open positions was not the same across industries. Industries with the highest increase in advertised salary were retail trade, accommodation and food services, and arts, entertainment and recreation, which saw increases of between 15 and 28 percent.

Other industries experienced lower rates of advertised salary growth, indicating that the labor market in these industries was not as tight. Advertised salaries in construction, educational services, health care and social assistance, and manufacturing increased between two and six percent from 2019 to 2021, below the median for all job postings over that time.

2 A majority of job postings do not provide salary information.3 Salaries for hired workers may not necessarily match what is advertised. Salary increases may reflect a change in the types of occupations included in job postings, rather than overall wage growth. Even within an occupation,

there may be variation in salaries offered by different employers, as well as varying levels of experience, education, and skills requested.

Increases in Advertised Salary Varied by OccupationIncreases in advertised salary indicate that positons in an industry were difficult to fill. But not all occupations within an industry were equally hard to fill. For example, within the accommodation and food services industry, advertised salaries for cooks and food preparation workers increased seven percent from May and June 2019 to May and June 2021, slightly below the median for all advertised salaries. Advertised salaries for food and beverage serving workers (waiters and waitresses, bartenders, baristas, etc.), on the other hand, increased 26 percent, indicating that these jobs were more difficult to fill.

Within some industries that did not have a large overall increase in advertised salary, some occupations had above average increases in advertised salary, indicating that these positions were difficult to fill, even if the industry overall had less difficulty filling open positions. Advertised salaries for jobs in the educational services industry increased five percent from May and June 2019 to May and June 2021, but child care-related occupations (childcare workers, preschool teachers, except special education, and education administrators, preschool and childcare center/program) increased 11 percent. While advertised salaries in the health care and social assistance industry only increased four percent between 2019 and 2021, advertised salaries for healthcare support occupations

(nursing assistants, home health aides, etc.) increased 24 percent.

More Job Ads Reported SalariesSince employers need to advertise increased wages to attract job applicants, an increase in the percentage of jobs ads that provide salary information also indicated a tight labor market. In May and June of 2019, only 16 percent of job ads included salary information. In May and June 2021, this increased to 25 percent. Generally, industries

15% 7% 26%

5%11%

4%24%

$- $10,000 $20,000 $30,000 $40,000 $50,000 $60,000

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Accommodation and Food Services

Educational Services Health Care and Social Assistance

Salary Increases Depended on Occupation as Well as Industry

2019 2021

Salary Increases Depended on Occupation as Well as Industry




which saw a larger increase in median advertised salaries also saw an increase in the percentage of job ads including salary information.

Only seven percent of retail trade job ads included salary information in May and June of 2019; by 2021, this had increased to 28 percent. In accommodation and food services, the percentage of job ads that included salary information increased from 21 percent to 33 percent, while in transportation and warehousing, the percentage increased from 29 percent to 56 percent. In 2019, 24 percent of arts, entertainment and recreation industry job ads included salary information. This increased to 29 percent in 2021, a relatively small change, but remaining above the average for all industries.

Other industries saw large increases in the percentage of job ads that included salary information, but did not see large increases in advertised salaries. In healthcare and social assistance, the percentage of job ads that included salary increased from seven percent in 2019 to 17 percent in 2021, while advertised salaries increased just four percent. Construction industry job ads that included salary information increased from 20 percent in 2019 to 27 percent in 2021, while advertised salaries increased just two percent.

More Employers Are Offering BonusesIn addition to increased wages, hiring bonuses can indicate that employers are having difficulty filling open positions.

In May and June of 2019, approximately 600 job postings offered hiring bonuses, mostly in the health care and social assistance sectors. By May and June of 2021, the number of job postings that included hiring bonuses had increased by almost 400 percent. Although health care and social assistance employers still offered more hiring bonuses than any other industry, the use of bonuses increased at a much faster rate in retail trade, manufacturing, accommodation and food services, professional, scientific, and technical services, and transportation and warehousing as well.

Reasons for a Tight Labor MarketIndustries and occupations that experienced a tight labor market in 2021 share a number of common characteristics. These industries suffered a large decline in employment during the pandemic, and in 2021 were attempting to return to more normal levels in a relatively short time period. This led to a large number of job openings, and increased competition among employers for qualified candidates. A notable exception was the transportation and warehousing industry which was one of the few industries to experience workforce growth during the pandemic. As the popularity of online retail increased, the advertised salary for transportation and warehousing jobs increased 11 percent from May and June of 2019 to May and June of 2021.

On the supply side, many of the job openings were for relatively low-wage occupations. Despite increasing advertised salaries, many of the industries and occupations

0%10%20%30%40%50%60%

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Percent of Job Postings That Include Salary Information

2019 2021

Percent of Job Postings That Include Salary Information




experiencing tight labor markets continued to advertise salaries below the statewide median. Most of these jobs cannot be performed remotely, and require in-person interaction with co-workers or the public. Even as coronavirus cases decline and more New Hampshire residents become vaccinated, workers in these occupations

may feel an increased risk to health and safety that deter potential job applicants. For these and other reasons, the demand for labor in some occupations and industries may be more difficult to satisfy even as the New Hampshire economy recovers and its labor force grows.

– Greg David, Economist

0 100 200 300 400 500 600 700 800

Health Care and Social Assistance

Retail Trade

Manufacturing

Accommodation and Food Services

Professional, Scientific, and Technical Services

Transportation and Warehousing

Job Postings That Included a Hiring Bonus

2019 2021

Job Postings That Included a Hiring Bonus




SEASONALLY ADJUSTED ESTIMATES

Local Area Unemployment Statistics (LAUS) Unemployment Rate, NH and US

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

May-16 May-17 May-18 May-19 May-20 May-21

United States 5.8%

New Hampshire2.5%

Current monthis preliminary;

past monthsare revised

Prior data and area data are available on our website at: www.nhes.nh.gov/elmi/statistics/ces-htm

Number of Jobs Change From Previous

May-21 Apr-21 May-20 Month Year

Total Nonfarm 657,100 657,300 589,800 -200 67,300

Total Private 572,000 572,300 507,000 -300 65,000

Mining and Logging 1,000 1,000 1,000 0 0

Construction 28,300 28,800 26,800 -500 1,500

Manufacturing 67,100 67,100 65,200 0 1,900

Durable Goods 50,200 50,400 49,500 -200 700

Non-Durable Goods 16,900 16,700 15,700 200 1,200

Trade, Transportation, and Utilities 138,500 138,500 124,100 0 14,400

Wholesale Trade 27,900 27,600 26,600 300 1,300

Retail Trade 91,900 92,200 81,700 -300 10,200

Transportation, Warehousing, and Utilities 18,700 18,700 15,800 0 2,900

Information 11,600 11,500 11,500 100 100

Financial Activities 34,100 34,300 33,400 -200 700

Financial and Insurance 27,600 27,800 27,200 -200 400

Real Estate and Rental and Leasing 6,500 6,500 6,200 0 300

Professional and Business Services 84,200 85,700 78,700 -1,500 5,500

Professional, Scientific, and Technical Services 41,100 41,000 38,200 100 2,900

Management of Companies and Enterprises 9,500 9,500 8,700 0 800

Administrative and Support and WasteManagement and Remediation Services

33,600 35,200 31,800 -1,600 1,800

Education and Health Services 119,400 118,700 108,700 700 10,700

Educational Services 27,900 27,200 25,700 700 2,200

Health Care and Social Assistance 91,500 91,500 83,000 0 8,500

Leisure and Hospitality 65,900 64,700 39,400 1,200 26,500

Arts, Entertainment, and Recreation 12,700 11,700 6,200 1,000 6,500

Accommodation and Food Services 53,200 53,000 33,200 200 20,000

Other Services 21,900 22,000 18,200 -100 3,700

Government 85,100 85,000 82,800 100 2,300

Federal Government 8,100 8,100 8,100 0 0

State Government 22,600 22,600 21,900 0 700

Local Government 54,400 54,300 52,800 100 1,600

Seasonally Adjusted May-21 Apr-21 May-20

United States 5.8% 6.1% 13.3%

Northeast 7.0% 7.3% 14.6%

New England 5.8% 6.2% 13.1%

Connecticut 7.7% 8.1% 11.4%

Maine 4.7% 4.8% 8.3%

Massachusetts 6.1% 6.4% 15.3%

New Hampshire 2.5% 2.8% 13.4%

Rhode Island 5.8% 6.3% 12.9%

Vermont 2.6% 2.9% 9.3%

Mid Atlantic 7.4% 7.7% 15.2%

New Jersey 7.2% 7.5% 16.5%

New York 7.8% 8.2% 15.7%

Pennsylvania 6.9% 7.1% 13.5%

Current Employment Statistics (CES) by Place of Establishment

Unemployment Estimates by Region



May 2021Unemployment Rates by LMAUnemployment Rate

1

1.3% and belo w

1.4% - 1.5%

1.6% - 1.7%

1.8% and above 3

2

4 5

6

7 8 911

10 1512 13

14 1617 18 19

20 2122 23 25

26 24 2827

Not Seasonally Adjusted May-21 Apr-21 May-20

United States 5.5% 5.7% 13.0%

Northeast 6.2% 6.7% 14.7%

New England 5.2% 5.7% 13.3%

Connecticut 6.0% 7.5% 11.6%

Maine 4.7% 5.3% 8.7%

Massachusetts 6.1% 5.9% 15.4%

New Hampshire 1.4% 2.7% 13.5%

Rhode Island 4.8% 5.1% 13.6%

Vermont 1.4% 3.0% 9.4%

Mid Atlantic 6.5% 7.1% 15.3%

New Jersey 6.9% 7.1% 16.6%

New York 6.9% 7.7% 15.7%

Pennsylvania 5.8% 6.3% 13.7%

NOT SEASONALLY ADJUSTED ESTIMATES BY PLACE OF RESIDENCE

New Hampshire May-21 Apr-21 May-20

Total Civilian Labor Force 734,660 742,920 759,190

Employed 724,640 723,090 656,700

Unemployed 10,020 19,830 102,490

Unemployment Rate 1.4% 2.7% 13.5%

United States (# in thousands) May-21 Apr-21 May-20

Total Civilian Labor Force 160,607 160,379 157,975

Employed 151,778 151,160 137,461

Unemployed 8,829 9,220 20,514

Unemployment Rate 5.5% 5.7% 13.0%

Labor Force Estimates Unemployment Rates by Region

Counties May-21 Apr-21 May-20

Belknap 1.4% 2.9% 14.4%

Carroll 1.6% 3.3% 17.2%

Cheshire 1.5% 3.0% 11.4%

Coös 1.8% 3.8% 15.6%

Grafton 1.3% 2.6% 12.1%

Hillsborough 1.4% 2.7% 14.0%

Merrimack 1.2% 2.4% 11.6%

Rockingham 1.3% 2.6% 14.4%

Strafford 1.3% 2.5% 13.1%

Sullivan 1.3% 2.5% 9.4%

Map Key Labor Market Areas May-21 Apr-21 May-20

1 Colebrook, NH-VT LMA, NH Portion 1.9% 4.5% 14.4%

2 Littleton, NH-VT LMA, NH Portion 1.6% 3.3% 15.7%

3 Berlin NH Micropolitan NECTA 1.8% 3.8% 16.1%

4 Haverhill, NH LMA 1.8% 3.8% 10.0%

5 Conway, NH-ME LMA, NH Portion 1.7% 3.4% 20.7%

6 Plymouth, NH LMA 1.3% 2.5% 14.8%

7Lebanon, NH-VT Micropolitan NECTA, NH Portion

1.2% 2.3% 8.8%

8 Meredith, NH LMA 1.2% 2.4% 13.1%

9 Wolfeboro, NH LMA 1.5% 3.2% 14.0%

10 Franklin, NH LMA 1.6% 3.1% 15.8%

11 Laconia, NH Micropolitan NECTA 1.6% 3.2% 15.7%

12 Expanded Claremont, NH estimating area 1.3% 2.5% 9.8%

13 New London, NH LMA 1.2% 2.2% 9.9%

14 Concord, NH Micropolitan NECTA 1.2% 2.3% 11.3%

15 Belmont, NH LMA 1.3% 2.7% 13.2%

16Dover-Durham, NH-ME Metropolitan NECTA, NH Portion

1.3% 2.5% 13.1%

17 Charlestown, NH LMA 1.7% 3.3% 8.7%

18 Hillsborough, NH LMA 1.4% 2.6% 11.1%

19 Raymond, NH LMA 1.1% 2.3% 12.6%

20 Manchester, NH Metropolitan NECTA 1.4% 2.6% 13.6%

21Portsmouth, NH-ME Metropolitan NECTA, NH Portion

1.2% 2.3% 12.8%

22 Keene, NH Micropolitan NECTA 1.5% 2.9% 11.8%

23 Peterborough, NH LMA 1.3% 2.4% 10.3%

24Nashua, NH-MA NECTA Division, NH Portion

1.4% 2.7% 14.3%

25Seabrook-Hampstead Area, NH Portion, Haverhill-Newburyport-Amesbury MA-NH NECTA Division

1.5% 2.9% 16.0%

26Hinsdale Town, NH Portion, Brattleboro, VT-NH LMA

2.8% 5.7% 15.2%

27Pelham Town, NH Portion, Lowell-Billerica-Chelmsford, MA-NH NECTA Division

1.6% 3.0% 17.1%

28Salem Town, NH Portion, Lawrence-Methuen-Salem, MA-NH NECTA Division

1.6% 3.2% 17.4%

Current month is preliminary;past months are revised

Unemployment Rates by Area

May 2021Unemployment Rates by LMAUnemployment Rate

1

1.3% and belo w

1.4% - 1.5%

1.6% - 1.7%

1.8% and above 3

2

4 5

6

7 8 911

10 1512 13

14 1617 18 19

20 2122 23 25

26 24 2827

2525

33

11

55

22

44

991111

88

15151010

66

13131212

77

17171414

1818

22222020

24242323

1616

19192121

28282727

2626



MONTHLY ESTIMATES BY PLACE OF ESTABLISHMENT

Current monthis preliminary;

past monthsare revised

700,000690,000680,000670,000660,000650,000640,000630,000620,000610,000600,000590,000 Seasonally Adjusted580,000 Not Seasonally Adjusted570,000560,000

May

-11

Sep-

11Ja

n-12

May

-12

Sep-

12Ja

n-13

May

-13

Sep-

13Ja

n-14

May

-14

Sep-

14Ja

n-15

May

-15

Sep-

15Ja

n-16

May

-16

Sep-

16Ja

n-17

May

-17

Sep-

17Ja

n-18

May

-18

Sep-

18Ja

n-19

May

-19

Sep-

19Ja

n-20

May

-20

Sep-

20Ja

n-21

May

-21

Number of Jobs Change From Previous

May-21 Apr-21 May-20 Month Year

Total Nonfarm 657,800 649,500 594,000 8,300 63,800

Total Private 570,700 562,000 508,400 8,700 62,300

Mining and Logging 1,000 900 1,000 100 0

Construction 28,200 27,700 27,200 500 1,000

Manufacturing 66,900 66,900 65,000 0 1,900

Durable Goods 50,100 50,400 49,400 -300 700

Non-Durable Goods 16,800 16,500 15,600 300 1,200

Trade, Transportation, and Utilities 137,900 136,200 123,100 1,700 14,800

Wholesale Trade 27,800 27,500 26,600 300 1,200

Retail Trade 91,500 90,400 80,900 1,100 10,600

Transportation, Warehousing, and Utilities 18,600 18,300 15,600 300 3,000

Information 11,600 11,500 11,500 100 100

Financial Activities 33,500 33,800 33,200 -300 300

Professional and Business Services 83,600 84,300 78,600 -700 5,000

Education and Health Services 119,700 119,500 111,300 200 8,400

Leisure and Hospitality 66,100 59,200 39,400 6,900 26,700

Other Services 22,200 22,000 18,100 200 4,100

Government 87,100 87,500 85,600 -400 1,500

Federal Government 8,100 8,000 8,100 100 0

State Government 23,100 23,900 22,500 -800 600

Local Government 55,900 55,600 55,000 300 900

New Hampshire Nonfarm Employment Statewide Not Seasonally Adjusted

Total Nonfarm Employment Trend Through May 2021



MONTHLY ESTIMATES BY PLACE OF ESTABLISHMENT

Nonfarm Employment by Metropolitan Statistical Areas - May 2021

$1,057.40

$982.72

$1,217.73

$991.87

$1,070.87

$1,055.99

$1,016.07

$1,225.35

$948.35

$1,071.08

$1,017.54

$938.55

$1,092.00

$1,014.37

$1,021.34

New Hampshire

Dover-Durham NH-ME Metro

Manchester NH Metro NECTA

Nashua NH-MA NECTA Division

Portsmouth NH-ME Metro

All Employee Average Weekly Earnings

May-21Apr-21May-20

$958.64

$974.57

$953.90

$970.42

$931.11

$952.88

Manufacturing

Durable Goods

Production Workers Average Weekly Earnings

May-21

Apr-21

May-20

7001,100

-400

5,700

4,400

1,300

-2,000

-1,000

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

Total Nonfarm Total Private Government

Dover-Durham NH-ME Metro NECTA

Over-the-MonthOver-the-Year

400 500

-100

7,600 7,500

100

-2,000

0

2,000

4,000

6,000

8,000

10,000


Manchester Metro NECTA

Over-the-Month

Over-the-Year

1,000 1,0000

11,000 10,800

200

-2,000

0

2,000

4,000

6,000

8,000

10,000

12,000


Nashua NH-MA NECTA Division

Over-the-Month

Over-the-Year3,100 3,000

100

12,300 12,300

0

-2,000

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000


Portsmouth NH-ME Metro NECTA

Over-the-MonthOver-the-Year

Total Private Average Weekly Earnings Data

Sector data for the four areas and hours earnings data are available on our website: www.nhes.nh.gov/elmi/statistics/ces-data.htm

Dover-Durham NH-ME Metro NECTA Manchester Metro NECTA

Portsmouth NH-ME Metro NECTA Nashua NH-MA NECTA Division

All Employee Average Weekly Earnings Production Workers Average Weekly Earnings



MONTHLY ANALYSIS OF CURRENT EMPLOYMENT STATISTICS (CES)

Seasonally AdjustedTotal nonfarm employment decreased to 657,100 jobs in May, based on preliminary seasonally adjusted estimates. This was a net decrease of 200 non-farm jobs, as private industries decreased by 300 jobs and Government employment increased by 100 over the month. Three private industry supersectors experienced over-the-month employment gains, four experienced over-the-month employment losses and three were unchanged from April to May. The leisure and hospitality supersector expanded payrolls by 1,200 over the month. Private education and health services added 700 jobs in May, while information gained 100 positions.

The other services supersector lost 100 jobs in May, while financial activities declined by 200. Construction cut 500 jobs over the month, while professional and business services decreased by 1,500 positions. The mining and logging, manufacturing and trade, transportation, and utilities and supersectors were unchanged from April to May 2021.

Total nonfarm employment in May 2021 remained 31,900 jobs below the pre-pandemic level in February 2020. Mining and logging employment was at the pre-pandemic level in May 2021. All other supersectors remained below pre-pandemic levels. Despite recent job gains, leisure and hospitality remained 7,900 jobs below the pre-pandemic level and private education and health services employment was 7,200 jobs lower than the February 2020 level.

8,300

8,700

100

500

0

1,700

100

-300

-700

200

6,900

200

-400

63,800

62,300

0

1,000

1,900

14,800

100

300

5,000

8,400

26,700

4,100

1,500

Total Nonfarm

Total Private

Mining & Logging

Construction

Manufacturing

Trade, Transportation, & Utilities

Information

Financial Activities

Professional & Business Services

Education & Health Services

Leisure & Hospitality

Other Services

GovernmentOver-the-MonthOver-the-Year

-200

-300

0

-500

0

0

100

-200

-1,500

700

1,200

-100

100

67,300

65,000

0

1,500

1,900

14,400

100

700

5,500

10,700

26,500

3,700

2,300

Total Nonfarm

Total Private

Mining & Logging

Construction

Manufacturing

Trade, Transportation, & Utilities

Information

Financial Activities

Professional & Business Services

Education & Health Services

Leisure & Hospitality

Other Services

GovernmentOver-the-MonthOver-the-Year

Seasonally Adjusted May 2021 Change Not Seasonally Adjusted May 2021 Change

Not Seasonally AdjustedPreliminary unadjusted estimates for May 2021 show that total nonfarm employment increased by 63,800 jobs since May 2020, reflecting the ongoing employment recovery from the coronavirus (COVID-19) pandemic. Over-the-year employment gains were experienced in all but one supersector. Mining and logging employment was unchanged over the year.

Leisure and hospitality experienced the largest increase, with 26,700 more jobs than in May 2020. Trade, transportation, and utilities employment increased by 14,800 positions, while private education and health services expanded payrolls by 8,400. The professional and business services supersector gained 5,000 positions, while other services employment increased by 4,100. Manufacturing added 1,900 jobs over the year, while construction gained 1,000. Financial activities expanded payrolls by 300, while information employment increased by 100 in comparison to the level in May 2020. Government employment increased by 1,500 from May 2020 to May 2021, primarily within local government education services component.

– Robert Cote, Research Analyst



Consumer Price Index

Unemployment Compensation Claims Activity

275

2701982 – 1984 = 100 5.0%

2654.0%

260

255 3.0%

2502.0%

245

240 1.0%

2350.0%

230 Over-the-Year Percent ChangeConsumer Price Index

225 -1.0%

Cons

umer

Pric

e In

dex

May

-18

Jul-1

8

Sep-

18

Nov

-18

Jan-

19

Mar

-19

May

-19

Jul-1

9

Sep-

19

Nov

-19

Jan-

20

Mar

-20

May

-20

Jul-2

0

Sep-

20

Nov

-20

Jan-

21

Mar

-21

May

-21

Ove

r-th

e-Ye

ar P

erce

nt C

hang

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Consumer Price Index United States, All Urban Consumers

New Hampshire Economic Conditions is published monthly in coordination with the Bureau of Labor Statistics and theEmployment Training Administration of the U.S. Department of Labor.

To order publications, visit our website at: www.nhes/nh/gov/elmi, call 603-228-4124or send a written request to the following address:

ELMI PublicationsNH Employment Security

45 South Fruit StreetConcord, NH 03301-4857

NH Employment Security is a proud member of America’s Workforce Network and NH Works.NHES is an Equal Opportunity Employer and complies with the Americans with Disabilities Act.

Auxiliary aids and services are available upon request to individuals with disabilities.

New Hampshire Employment Security Local Offices

Berlin . . . . . . . . . . . . . . . . . 752-5500 Claremont . . . . . . . . . . . . . . . . . 543-3111Concord . . . . . . . . . . . . . . 228-4100 Conway . . . . . . . . . . . . . . . . . . 447-5924Keene . . . . . . . . . . . . . . . . . 352-1904 Laconia . . . . . . . . . . . . . . . . . . . 524-3960Littleton . . . . . . . . . . . . . . . 444-2971 Manchester . . . . . . . . . . . . . . . 627-7841 Nashua . . . . . . . . . . . . . . . 882-5177 Portsmouth . . . . . . . . . . . . . . 436-3702 Salem . . . . . . . . . . . . . . . . . 893-9185 Somersworth . . . . . . . . . . . . . 742-3600

Claims calls: 1-800-266-2252

New Hampshire Employment Security Economic and Labor Market Information Bureau

General Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (603) 228-4124www .nhes .nh .gov/elmi

Research Unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 228-4173Economist . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 229-4427Covered Employment & Wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 228-4060Current Employment Statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 228-4175Local Area Unemployment Statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . 228-4167Occupational Employment Statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . 229-4315

Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21Initial Claims 14,329 25,838 16,063 15,463 15,183 4,509

Continued Weeks Claimed 54,685 61,391 56,446 59,313 42,412 34,672

Average payment for a week of unemployment $288.75 $279.36 $280.24 $277.26 $277.35 $280.49

United States, All Urban ConsumersNot Seasonally Adjusted (CPI-U) (1982-1984=100)

Change From PreviousMay-21 Apr-21 May-20 Month Year269.195 267.054 256.394 0.8% 5.0%

Northeast, All Urban ConsumersNot Seasonally Adjusted (CPI-U) (1982-1984=100)

Change From PreviousMay-21 Apr-21 May-20 Month Year281.858 280.234 271.345 0.6% 3.9%

new hampshire economic conditions july 2021

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