CONCORD — The state celebrated freshly minted employment records in March while the unemployment rate remained at 2.4 percent.
“With over-the-month increases in both employment and labor force, new highs were set once again,” Bob Cote, a research analyst at the state’s Economic & Labor Market Information Bureau, said in an email Tuesday.
New Hampshire had been tied for the lowest unemployment rate with Iowa for five straight months through January. It became a four-way tie in February, with Iowa, North Dakota and Vermont also posting 2.4 percent rates, according to federal statistics.
March state-by-state figures will be out later this month.
In New Hampshire, March saw 748,220 employed residents, an increase of 660 from the previous month — the old record — and 8,520 more than in March 2018, according to New Hampshire Employment Security.
From February to March 2019, the total labor force grew by 720 to 766,540, surpassing February’s record number. The labor force also grew by 6,710 in a year’s time.
There were 60 more unemployed residents in March over February for a total of 18,320. That was 1,810 fewer unemployed than in March 2018.
Nationally, the unemployment rate for March 2019 was 3.8 percent.