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CONCORD, NH, August 2, 2023—The not seasonally adjusted national construction unemployment rate was 0.1% lower in June 2023 from a year ago, down from 3.7% to 3.6%. According to a state-by-state analysis of the U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors, New Hampshire has the lowest unemployment in New England, at 1.8%. The next lowest state is Vermont with 2.1%.
“New Hampshire continues to experience record low unemployment in the construction sector,” said Josh Reap, president & CEO of ABC NH/VT. “Our unemployment rate is very low, only up by .2% from the record low we experienced earlier this year in April. Our state’s industry has the lowest unemployment rate in the region because the Granite State provides the most opportunity of any New England state.”
According to Reap, there are many job openings among New Hampshire employers who are willing and ready to train. “Contractors will always meet the demands of clients through innovation and investment. Many employers today are developing the next generation of skilled workforce through internships, on the job training and apprenticeships.”
“Our industry is a leading sector because our employers institute an ‘earn while you learn’ model that upskills people,” added Reap. “If anyone wants to learn how to find out about these opportunities, they can visit www.ibuildnh.org to learn more about them."
Associated Builders and Contractors is a national construction industry trade association established in 1950 that represents more than 22,000 members. Founded on the merit shop philosophy, ABC and its 68 chapters help members develop people, win work and deliver that work safely, ethically and profitably for the betterment of the communities in which ABC and its members work. Visit us at abcnhvt.org.