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Your gateway to New Hampshire workforce and career information


bywwwnhesstatenhus/elmi/Economic Conditions in New Hampshire May 2005WeeksMar 2003 - Mar 2005Unemployment Compensation FundTrust FundUnemployment Compensation Claims ActivityYour gateway to New Hamp

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Document on Subject : "Your gateway to New Hampshire workforce and career information"— Transcript:

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!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Your gateway to New Hampshire workforce and career information 5www.nhes.state.nh.us/elmi/Economic Conditions in New Hampshire — May 2005 by www.nhes.state.nh.us/elmi/Economic Conditions in New Hampshire May 2005 Weeks Mar. 2003 - Mar. 2005Unemployment Compensation Fund Trust Fund Unemployment Compensation Claims ActivityYour gateway to New Hampshire workforce and career information 7 Compensation Programs:Mar-05Feb-05Mar-04NetPercentNetPercentInitial Claims3,8894,1274,233-238-5.8%-344-8.1% y ment for a week of total unem ment:Net benefits p aid:Net contributions received durin g the month: Interest Received: Reed Act Distribution:Reed Act Withdrawal for Administrative Costs: $ 7 , 134.31 347 864.67 , 845.98 230 10,00020,00030,00040,00050,00060,000Mar-03MayJulNovJanMar-04MayJulNovJanMar-05 the PNS is about $65,000, a wage levelsubstantiall

2 y higher than average 2003annual pay for
y higher than average 2003annual pay for all private covered em-ployment in New Hampshire or inRockingham County. A large portion ofthe shipyard employees are either highlyskilled or have attained a high level of Salem Town, NH Portion, Lawrence-Methuen-Salem MA-NH NECTA Division6.4%6.7%7.8% CountiesBelknap3.8%4.0%4.1%Carroll4.0%4.2%4.0%Cheshire3.3%3.5%3.7%Coos4.4%4.7%6.6%Grafton2.9%3.1%3.1%Hillsborough4.2%4.5%4.6%Merrimack3.4%3.7%3.6%Rockingham4.9%5.1%5.4%Strafford3.9%4.2%3.9%Sullivan3.0%3.3%3.8% revisedMar-05Feb-05Mar-04preliminary New HampshireMar-05Feb-05Mar-04Number of workerspreliminaryrevisedTotal Civilian Labor Force726,130722,860719,220Employed Local AreaUnemploymentNot SeasonallyAdjusted By Place of Residence Labor Force EstimatesUnemployment Rates by Area Your gateway to New Hampshire workforce and career information 9 New Hampshire unemployment and labor force estimates are calculated using aregression model which depends on Current Population Survey (CPS) Estimates.Labor Market Area estimates are calculated using the Bureau of Labor Statistics"Handbook Method" and then adjusted to the State levels. 12345 78 131415 17 222324 26 27 Less than 3.0%3.0% to 3.9%4.0% to 4.9%5.0% and aboveUnassigned Areas Monthly Not Seasonally Adjusted New Hampshire Monthly Analysis ofCurrent EmploymentStatistics (CES) Data GovernmentLeisure & HospitalityEducational & Health ServicesProfessional & Business ServicesFinancial ActivitiesInformationTrade, Transportation & UtilitiesManufacturingNatural Resources & Mining Change in NonfarmEmployment on our Web sitein Food service and Current Employment Statistics 80,60080,80079,600-2001,000Durable Goods61,50061,70059,800-2001,700Non-Durable Goods19,10019,10019,8000-700Trade, Transportation and Utilities138,200137,700136,3005001,900 Wholesale Trade 27,70027,60026,900100800 Retail Trade 95,40095,00094,2004001,200 Transportatio

3 n and Utilities15,10015,10015,2000-100 S
n and Utilities15,10015,10015,2000-100 Seasonally Adjusted:New Hampshires total nonfarm em- B. G. McKay Average Earnings and Hours of Production Workers in Manufacturing Monthly Unadjusted Nonfarm Wage and Salary Employment by Metropolitan Statistical Areas Note: Production workers and information for Portsmouth and Rochester will be available with January 2006 data. Mar-05Feb-05Mar-04Mar-05Feb-05Mar-04Mar-05Feb-05Mar-04Sectorprelim.revisedprelim.revisedprelim.revised$616.62$628.68$618.2039.240.340.3$15.73$15.60$15.34$633.21$639.27$634.3739.940.941.3$15.87$15.63$15.36$570.32$600.24$571.1037.338.737.4$15.29$15.51$15.27$653.18$653.18$702.6938.438.439.7$17.01$17.01$17.70 Employment by Sector number of jobsPreliminaryPreliminaryPreliminaryby place of establishmentMar-05MonthYearMar-05MonthYearMar-05MonthYearTotal All Sectors99,3005001,000128,3002001,80053,400-100900Private Employment Total87,5002001,000113,6003002,00043,5000400Natural Resources and Construction5,00001005,6001004001,70000 NH PortionChange from previous:Change from previous:Change from previous:Manchester NH MetroNECTANashua NH-MA NECTA Division, NH Portion NH PortionChange from previous: Your gateway to New Hampshire workforce and career inEconomic Conditions in New Hampshire May 2005 228-4173 228-4122 228-4177 228-4127 228-4175 229-4315Economic Conditions in NewHampshire NH Employment Security is a proud member of America's Workforce Network and NH WORKS.NHES is an Equal Opportunity Employer and complies with the Americans with Disabilities Act.Auxiliary aids and services are available upon request to individuals with disabilities.TDD ACCESS: RELAY NH 1-800-735-2964. NH EMPLOYMENT SECURITY32 SOUTH MAIN STREETCONCORD NH 03301-4857 OFFICIAL BUSINESSADDRESS SERVICE REQUESTED SECURITY t are available on the web at Product of Regional Economic Models, Inc. REMI has the capabilities to forecast to Continued from page