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NHES: Unemployment Rate Unchanged for September 2019

This article is about the unemployment figures from NHES for September 2019.

New Hampshire’s preliminary seasonally adjusted unemployment rate for September 2019 was 2.5 percent, unchanged from the August rate, which remained at 2.5 percent after revision. The September 2018 seasonally adjusted rate was 2.4 percent.

Seasonally adjusted estimates for September 2019 placed the number of employed residents at 753,200, an increase of 850 from the previous month and an increase of 8,450 from September 2018. The number of unemployed residents increased by 230 over-the-month to 19,560. This was 1,060 more unemployed than in September 2018. From August to September 2019, the total labor force increased by 1,080 to 772,760. This was an increase of 9,510 from September 2018.

The unadjusted September 2019 unemployment rate for New Hampshire was 2.3 percent, a decrease of 0.2 percentage points from the August rate, which remained at 2.5 percent after revision. The September 2018 unadjusted rate was 2.2 percent.

Nationally, the seasonally adjusted unemployment rate for September 2019 was 3.5 percent, a decrease of 0.2 percentage points from the August rate, and a decrease of 0.2 percentage points from the September 2018 rate. The national unadjusted rate for September 2019 was 3.3 percent, a decrease of 0.5 percentage points from the August rate, and a decrease of 0.3 percentage points from the September 2018 rate.

NOTE: State nonfarm employment estimates are available on our Internet Web site: www.nhes.nh.gov/elmi concurrent with this release. Local area unemployment rates are expected to be available on Thursday, October 24. All monthly data will continue to be published in the monthly newsletter New Hampshire Economic Conditions.