Overall unemployment rate moved down to 2.1% with the biggest shift in Government, which gained 1,800 roles, based on the most recently available information published in April 2023.
Total employment in the Dover-Durham, NH-ME market rose by 1,086 jobs in February and the unemployment rate decreased compared to the prior month by 60 bps to 2.1%. The national unemployment rate increased by 3 bps over the same time to 3.9%.
- Dover-Durham, NH-ME unemployment rate is 179 bps below the national rate which is a positive sign.
- Unemployment in the market is 10 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 -0.8% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 4.2% . Key sectors include:
- Government: 12,900; +1,800
- Transportation & Utilities: 9,400; no change
- Education & Healthcare: 9,000; +100
- Restaurants & Hotels: 5,400; +100
- Manufacturing: 5,300; +100
- Business Services: 5,100; +100
- Financial Services: 2,700; no change
- Construction, Mining: 2,000; no change
- Other Jobs: 2,000; no change
- IT & Development: 600; no change
Data is based on the most recent 12 months available, through February 2023 (Data published April 2023 and reports created on April 10, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.