Granite State Workers and Employers Face Rising Costs and Significant Economic Constraints

Fueled by accumulated savings and federally-funded economic stimulus, the national and New Hampshire economies have rebounded quickly from the recession caused by the COVID-19 pandemic. Despite forecasts of another recession in 2022 or early 2023, the national and state economies largely remained resilient and have avoided a downturn.[1] However, the expansion of the state’s economy ...

Key Challenges Facing Granite State Workers Amid the COVID-19 Economic Recovery

Despite a strong economic recovery from the early months of the COVID-19 pandemic, more than two years later, many Granite Staters face challenges that make affording everyday needs difficult. Job growth in the last two years has been much faster than originally expected, mirroring other rebounding indicators of a strong economy, in large part due ...

Expansions of the Earned Income Tax Credit and Child Tax Credit in New Hampshire

The Earned Income Tax Credit (EITC), established in 1975, provides assistance to working individuals and families with low incomes. In 1997, the Child Tax Credit (CTC) was enacted to provide additional assistance to families with children. These programs provided significant financial relief to individuals and families, in the form of refundable and non-refundable tax credits, ...

Public Benefit Navigators Can Help Granite Staters Access Federal Assistance and Support the Economy

New Hampshire has a historic opportunity to support both immediate and long-term economic prosperity and help build an equitable recovery that fully includes struggling Granite Staters. About one in four New Hampshire adults, or approximately a quarter of a million people, found it somewhat or very difficult to pay for usual household expenses in early ...

Uneven Employment Impacts and Recovery from the COVID-19 Crisis

Economic conditions overall have vastly improved since the initial swift and severe impacts of the COVID-19 crisis. However, the uneven impacts of the pandemic on certain groups of workers and industries, and the recovery not yet reaching all of those most affected, has resulted in lingering economic challenges in New Hampshire. Proactive policy solutions and ...