Overall unemployment rate moved down to 2.2% with the biggest shift in Government, which gained 2,100 roles, based on the most recently available information published in April 2022.
Total employment in the Dover-Durham, NH-ME market rose by 2,427 jobs in February and the unemployment rate decreased compared to the prior month by 100 bps to 2.2%. The national unemployment rate decreased by 28 bps over the same time to 4.1%.
- Dover-Durham, NH-ME unemployment rate is 194 bps below the national rate which is a positive sign.
- Unemployment in the market is 120 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in February versus prior month by -6.1% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 3.9% . Key sectors include:
- Government: 13,200; +2,100
- Transportation & Utilities: 9,400; no change
- Education & Healthcare: 8,100; -100
- Business Services: 5,200; no change
- Restaurants & Hotels: 5,000; +100
- Manufacturing: 5,000; no change
- Financial Services: 2,900; no change
- Construction, Mining: 1,800; -100
- Other Jobs: 1,800; no change
- IT & Development: 600; no change
Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.