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, there were nearly two job openings per unemployed resident. In both 2022 and 2023, monthly estimates show the number of jobs per unemployed resident rose above three. This measure suggests the state’s labor force is more constrained than before the pandemic. Learn more about the New Hampshire economy in NHFPI’s August Issue Brief Granite State Workers and Employers Face Rising Costs and Significant Economic Constraints.