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Southern New Hampshire : Office Snapshot - Q4 2013

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Although New Hampshire has yet to regain all of its jobs lost during the recession, the unemployment rate continued to outperform the U.S. rate during 2013. The state maintained an unemployment rate of 5.1% in the fourth quarter, a drop of 0.6 percentage points (pp) year-over-year, and well below the national rate of 6.7%, according the U.S. Bureau of Labor Statistics.

Many Southern New Hampshire metro areas reflected the state rate, with Manchester and Nashua having unemployment of 4.8% and 5.1%, respectively. The Seacoast region performed even more strongly, with 4.3% unemployment in Rochester and 4.2% in Portsmouth. Year-over-year job growth across the state stood at 0.6%, with the Professional and Business Services, Education and Health Services, and Leisure and Hospitality sectors all contributing to gains.

Source : Cushman & Wakefield