Labor shortages pose challenge for humming New Hampshire economy

New Hampshire’s jobless rate remained one of the lowest in the nation in May, continuing a steady pace of job creation and moderate wage gains, but some economists see potential labor shortages taking the wind out of the state’s sails.

The state’s seasonally adjusted jobless rate last month came in at 2.9 percent, a 0.1-point increase from the previous month and about the same as it was a year ago, the New Hampshire Employment Security agency reported. Over the past year, however, the state has added 5,300 jobs, the agency said. | More…

| Watchdog

About Steve Mac Donald

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