Migration key to New Hampshire’s future growth – New Hampshire Business Review
First published in New Hampshire Business Review, December 15, 2023
2023
New Hampshire’s Economy and Household Finances
Presented by Phil Sletten, Research Director at the New Hampshire Fiscal Policy Institute, at the U.S. Small Business Administration New Hampshire District Office Lender Recognition Event on December 11, 2023.
New Hampshire Child Care Workers Paid Lower Wages Compared to Other Granite State Workers and the National Child Care Workforce
In May 2022, the median hourly wage paid to child care workers in New Hampshire was $12.99. Child care workers earning the 25th percentile for the occupation had an hourly wage of $10.47, and hourly wages rose to $14.65 for those in the 75th wage percentile. These wages were lower than the comparable wages of ...
Nearly Half of New Hampshire Renters are Cost-burdened by Housing
Households paying more than 30 percent of their income on housing are considered cost-burdened and may have difficulty covering other general expenses, such as food, clothing, transportation, or medical costs. In New Hampshire, the most recent estimates show that nearly half of all renter households in the state were paying more than 30 percent of their income ...
There Were At Least Three Job Openings Per Unemployed Worker During This Summer in New Hampshire
New Hampshire continues to have more job openings than residents actively seeking work. In the months before the Great Recession of 2007-2009, there was about one job opening per unemployed resident, which dropped substantially during the Recession as jobs became more scarce and more workers lost their jobs. Before the COVID-19 pandemic reached New Hampshire, ...
A Third of Granite State Adults Reported Some Difficulty Paying for Usual Household Expenses
According to data from the U.S. Census Bureau, more than one in three Granite State adults found paying for usual household expenses somewhat or very difficult from January 2023 through October 2023. The percentage of New Hampshire residents reporting difficulty paying household expenses has been relatively stable for the last two years, but is significantly higher than ...