Unemployment

Sequestration Hits Long-Term Unemployed In NH

Amanda Loder — Tue, 23 Apr 2013 21:26:13 +0000

The automatic federal budget cuts known as “Sequestration” will soon hit the long-term unemployed in New Hampshire. People who remain jobless for more than 26 weeks are eligible for federally-funded emergency unemployment benefits.

And those benefits will soon be cut.

The Painful Reality Of Long-Term Unemployment

Virginia Prescott — Mon, 22 Apr 2013 15:29:27 +0000

A recent study from Northeastern University reveals a crippling catch- 22 for the long-term unemployed. Matthew O’Brien is an associate editor at The Atlantic who recently took a look at the date and wrote about the gloomy prospects for people who’ve been too long without work.

The Young And The Jobless

Virginia Prescott — Tue, 12 Mar 2013 14:52:17 +0000

The International Labor Organization – or ILO -- announced last week that global unemployment has dipped to its lowest level since December 2008. However, the numbers don’t look nearly as promising for young people. An estimated 75 million people in the 15-to-24 range will be unemployed this year. The ILO warns that if these trends continue, a generation will be scarred by economic disadvantage. Mona Mourshed is Education Director for the McKinsey Center for Government , which is studying youth unemployment. Mona is co-author of the McKinsey report: “Education to Employment: Designing a System That Works.”

Unemployment In N.H. Ticks Up To 5.8%

Todd Bookman — Tue, 05 Mar 2013 19:50:23 +0000

The unemployment rate in New Hampshire rose a tenth of a point to 5.8% in January. More than 43,000 Granite Staters remain out of work.

But Annette Nielsen, an economist with NH Employment Security, says the trend for the state is heading in the right direction.

Nielsen: “The economy is growing...we are adding jobs, so people are not discouraged. They are actually encouraged by that activity so that they are joining in bigger numbers, and attempting to find employment.”

Young Adult Employment In N.H. Booming, But How Good Are The Jobs?

Michael Brindley — Mon, 03 Dec 2012 17:05:37 +0000

Seventy-two percent of young adults age 20 to 24 in the Granite State had a job last year. That’s according to the Annie E. Casey Foundation’s Youth and Work report.

Unemployment Numbers for May Hold Steady

Todd Bookman — Thu, 21 Jun 2012 15:38:20 +0000

Twenty-three hundred jobs were added to New Hampshire payrolls between April and May, but the seasonally adjusted unemployment rate remains stuck at 5%.

There was good news for Coos County: the North Country’s rate dipped below 8% for the first time this year.

Grafton County has the State’s lowest unemployment at 4.1%.

All in all, the data met expectations, says Bob Cote, a researcher with NH Employment Security.

From Combat To The Workplace: Injured Vets Looking For Jobs

Sheryl Rich-Kern — Mon, 18 Jun 2012 08:00:23 +0000

As the last of the soldiers who served in Iraq and Afghanistan return to their native New Hampshire, about one third will retire from the military for medical reasons. That means they’re likely to face one of their toughest battles yet as they search for meaningful employment.

Off the Beaten Tenure Track

Virginia Prescott — Mon, 04 Jun 2012 18:11:57 +0000

An increasingly common anxiety for freshly-minted undergraduates is finding a job in their field with a decent enough salary to pay off their student loans. Jon F. Wilkins, founder of The Ronin Institute, helps wayward professionals put their highly-trained brains to work.

The Secret To Germany's Low Youth Unemployment

Eric Westervelt — Wed, 04 Apr 2012 07:06:00 +0000

For as long as he can remember, German teenager Robin Dittmar has been obsessed with airplanes. As a little boy, the sound of a plane overhead would send him into the backyard to peer into the sky. Toys had to have wings. Even today, Dittmar sees his car as a kind of ersatz Boeing.

"I've got the number 747 as the number plate of my car. I'm really in love with this airplane," the 18-year-old says.

Optimism Rising Along With The Number Of New Jobs

Aarti Shahani — Wed, 14 Mar 2012 20:34:00 +0000
Part of a series
As 2011 was winding down, consumer spirits were starting to rise. Now the momentum has carried into the new year, with polls showing consumer sentiment continuing to improve.
Economists say that negative factors, such as falling home values or rising meat prices, are nowhere near as important as the growth in jobs.
"People pay close attention to the jobless rate," said Carroll Doherty, an associate director at the Pew Research Center.

As Elkhart's Electric Dreams Fizzle, RVs Come Back

David Schaper — Tue, 06 Mar 2012 05:01:00 +0000
Elkhart, Ind., is known as the RV capital of the world. The city suffered badly when the recession hit and demand for recreational vehicles all but screeched to a halt. That's when local and state leaders started looking for ways to bolster the area's manufacturing industry.
The unemployment rate in the city along the Michigan border eventually soared to 20 percent — the highest in the nation at the time.
Electric cars were supposed to help revive Elkhart's economy.

Veteran Unemployment Remains High

Melanie Plenda — Thu, 12 Jan 2012 22:30:00 +0000

The last of the U-S troops are now returning from Iraq.
Once home they’re likely to end up joining thousands of other veterans looking for work in a bleak job market.
Despite government incentives to get companies to hire vets, unemployment among vets is still higher than civilians.
The youngest veterans struggle the most.
Twenty-two year old Courtney Selig went into the military to better herself.

State Job Numbers Improve

Jon Greenberg — Tue, 13 Dec 2011 21:25:15 +0000

The state’s unemployment rate fell one tenth of a percent in November. The current rate of 5.2 percent, seasonally adjusted, came with strong growth in the retail sector.
The jobs that come with selling stuff delivered over 3,000 new jobs in November and strictly speaking, more than just Christmas shopping drove the numbers. Seasonal adjustments are designed to filter out that sort of impact.