Overall unemployment rate moved up to 3.3% with the biggest shift in Government, which lost 1,800 roles, based on the most recently available information published in March 2022.
Total employment in the Dover-Durham, NH-ME market declined by 1,623 jobs in January and the unemployment rate increased compared to the prior month by 130 bps to 3.3%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- Dover-Durham, NH-ME unemployment rate is 113 bps below the national rate which is a positive sign.
- Unemployment in the market is 100 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in January versus prior month by -2.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -4.4%. Key sectors include:
- Government: 10,300; -1,800
- Transportation & Utilities: 9,400; -400
- Education & Healthcare: 8,300; +100
- Business Services: 5,200; no change
- Manufacturing: 5,000; +100
- Restaurants & Hotels: 4,900; -200
- Financial Services: 2,900; -100
- Construction, Mining: 1,900; no change
- Other Jobs: 1,800; no change
- IT & Development: 600; no change
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.