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Unemployment back above 5 percent in state
MANCHESTER — Unemployment in the state rose three-tenths of a percent to 5.2 percent in July, from 4.9 percent in June, New Hampshire Employment Security said.
The July 2010 seasonally adjusted rate was 5.9 percent.
“The good news, I think, in this is if you look at a year ago, we have about 2,160 more jobs in July 2011 compared to July 2010,” Dennis Delay, economist with the New Hampshire Center for Public Policy Studies, said Tuesday.
The state Economic and Labor Market Information Bureau estimated there were 701,100 employed state residents, a decrease of 3,310 from the previous month and an increase of 2,160 from July 2010.
The number of unemployed residents rose over the month to 38,290, an increase of 1,690, but still was 5,600 fewer unemployed than in July 2010.
“When the federal stimulus money ended on July 1, we knew that there would be a major loss of government jobs, and we are now seeing just that,” House Majority Leader D.J. Bettencourt, R-Salem, said in a statement. “As a result, between June and July, this has resulted in 16,000 employees who worked for the government losing their jobs. However, because there is a positive environment for business, the private sector has added 10,000 jobs in the last two months.”
Pam Walsh, spokeswoman for Gov. John Lynch said, “We have to continue working vigorously to get people back to work.
“Whenever someone in either the public or private sector loses a job that has an impact on their families and on the economy,” she said. “Employment security is continuing to focus on assisting workers to find new jobs.”
The July figures showed gains in leisure and hospitality, education and health services. Professional and business services declined from the previous month but were still up over the year.
Recently announced cutbacks at hospitals in the state came too late to be reflected in the July unemployment statistics.
The U.S. unemployment rate continues above 9 percent, at 9.1 percent in July 2011, a decrease of 0.1 percentage point from the June rate and a decrease of 0.4 percentage points from the July 2010 rate.
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On the Net:
nh.gov/nhes/elmi
.
Write to dpaiste@unionleader.com
The July 2010 seasonally adjusted rate was 5.9 percent.
“The good news, I think, in this is if you look at a year ago, we have about 2,160 more jobs in July 2011 compared to July 2010,” Dennis Delay, economist with the New Hampshire Center for Public Policy Studies, said Tuesday.
The state Economic and Labor Market Information Bureau estimated there were 701,100 employed state residents, a decrease of 3,310 from the previous month and an increase of 2,160 from July 2010.
The number of unemployed residents rose over the month to 38,290, an increase of 1,690, but still was 5,600 fewer unemployed than in July 2010.
“When the federal stimulus money ended on July 1, we knew that there would be a major loss of government jobs, and we are now seeing just that,” House Majority Leader D.J. Bettencourt, R-Salem, said in a statement. “As a result, between June and July, this has resulted in 16,000 employees who worked for the government losing their jobs. However, because there is a positive environment for business, the private sector has added 10,000 jobs in the last two months.”
Pam Walsh, spokeswoman for Gov. John Lynch said, “We have to continue working vigorously to get people back to work.
“Whenever someone in either the public or private sector loses a job that has an impact on their families and on the economy,” she said. “Employment security is continuing to focus on assisting workers to find new jobs.”
The July figures showed gains in leisure and hospitality, education and health services. Professional and business services declined from the previous month but were still up over the year.
Recently announced cutbacks at hospitals in the state came too late to be reflected in the July unemployment statistics.
The U.S. unemployment rate continues above 9 percent, at 9.1 percent in July 2011, a decrease of 0.1 percentage point from the June rate and a decrease of 0.4 percentage points from the July 2010 rate.
.
On the Net:
nh.gov/nhes/elmi
.
Write to dpaiste@unionleader.com
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