Governor Maggie Hassan touted her economic credentials at a campaign stop at a Manchester marketing company Tuesday. She also fired a few shots at her opponent, Walt Havenstein.
Hassan argued she’s better equipped to help small businesses than rival Walt Havenstein. Internet marketing company Commonplaces was a beneficiary of job training grants. Hassan championed that program and what she terms bipartisan successes like increasing higher ed funding, raising the gas tax and expanding Medicaid.
More than eighty-thousand Granite Staters travel to the Bay State for work, a fact that’s been cited as both an economic boon and drawback for New Hampshire. While both views could be valid, there are other impacts too: work-life balance and community involvement can take a hit when people spend a long time commuting.
New Hampshire’s unemployment rate remained unchanged last month, at 4.4 percent. At the same time last year, it was 5.2 percent. But the state’s Employment Security office reports the number of Granite Staters in the workforce shrank by 2,550 people from June. And 310 more people were unemployed. Nationally, the jobless rate went up slightly, to 6.2 percent.
Signed in New Hampshire seventy years ago this summer, the Bretton Woods Agreement established the U.S. dollar as the new standard for global trade. We’ll look at what changes this agreement made to the global trade system, some of the personalities behind it, and its legacy extending to the present day.
Both at the national level and in New Hampshire, several signs suggest the economy is on the mend, with a stronger job market, firmer consumer confidence, and more generous lending among banks. Still, some experts warn this recovery is incomplete, with troubling factors such as slow wage growth and international turmoil.
Upon first glance, the numbers look good, the U.S. jobless rate now sits at 6.6%, a full 1.6% better than last year. But dig deeper into those numbers and you find a different story: currently 4 million Americans have been out of work for more than half a year, and in New Hampshire that makes up nearly 32% of the jobless. But now, the stress of long-term unemployment is being felt even more as the extensions usually given after 6 months were dropped in December leaving 1,300 in New Hampshire and nearly 2 million nationwide without benefits.
Just many places across the country, the New Hampshire’s recover from the recession has been slow. Recently, though, many are pointing to signs of an upswing. Housing prices are going up, while foreclosures are going down. Consumer confidence is better than it has been in a while, and unemployment is now at 5.1% - 11th best in the country. But all is not perfect: many in the Granite State worry about high energy costs, the Affordable Care Act’s effect on business, and uneven progress in different regions of the state.
After years of isolationism, the U.S. rose in the 20th century to become the world’s sole superpower. Today, economic growth is slow, unemployment and income inequality are rising, and political impasses have ground policy initiatives to a halt. America’s status in global manufacturing, education, and innovation is slipping. Many economists project that China is poised to overtake the U.S. as the world’s largest economy. It all sounds pretty bleak…but economist Charles Kenny paints a much rosier picture. In his bookThe Upside of Down: Why the Rise of the Rest is Good for the West he argues that Americans should stop worrying and learn to love the decline.
While an increasing number of states and retailers are looking to pass GMO labeling laws, planting genetically modified corn, soybeans, and cotton remains the norm among North American farmers. Seed makers claim that of modified – or treated – crops resist pests and disease, reducing the need for expensive herbicides and pesticides. In pockets across the nation, however, farmers who once championed GMO seeds are complaining that they no longer deliver on those claims. Some are reverting back to conventional seeds for their commodities crops. Elizabeth Royte is a contributor for Fern, The Food and Environment Reporting Network. Her article, “The Post GMO-Economy” is featured in the winter issue of Modern Farmer.
New Hampshire Economist and Chancellor of the Community College System Ross Gitell is looking at the major demographic and economic differences between the rural and more urban parts of our state - a divide he says is growing. We’re talking about that, and his ideas on closing the gap.
Jon Bresler was an early supporter of the North American Free Trade Agreement. As owner of Suncook Woven Labels, a textile company whose customers included Ralph Lauren, The Gap and J.C. Penney, Bresler figured anything that would break down trade barriers between the United States, Mexico and Canada would be good for business.
At the height of the recession, the Class of 2011 was taking PSATs and perusing college brochures. What is it like to make plans for your future in a country whose economic future is uncertain?
To find out, we talk to four former students of Pembroke Academy: Matthew Lindsay, junior at Rensselaer Polytechnic Institute; Sarah Kelley, junior at University of New Hampshire; Hannah David, junior at University of New Hampshire; and Kali Mara, senior at Plymouth State University