New Hampshire’s unemployment rate ticked down in April to 3.8 percent, after seeing no change the month before.
The unemployment rate can go down when fewer people are looking for work. But in April New Hampshire’s total labor force increased.
And there was job growth across most sectors. Economist Annette Nielsen of New Hampshire Employment Security says a higher number of manufacturing jobs is particularly welcome news. “I feel there’s a stronger idea that manufacturers are not only using temporary help or employment agencies, but they’re also showing up in the manufacturing sector," Nielsen says. "That’s a good sign.”
Last month’s figure of 3.8 percent means the seasonally adjusted unemployment rate has fallen seven tenths of a percent since April 2014. And it remains below the national jobless rate of 5.4 percent.