The New Hampshire/Vermont Chapter of Associated Builders & Contractors (ABC) announces new Board of Directors leadership. The board was inducted at the association’s annual meeting on January 30th. A sold out crowd came out to the event to support the new board and celebrate membership growth in the association and a prosperous year for the industry.
In recent news, the US Department Of Labor issued new regulations on overtime exemptions. The Rule change is the first in 16 years and will take effect on January 1, 2020.
In August, estimated not seasonally adjusted construction unemployment rates fell in New Hampshire, according to an analysis of U.S. Bureau of Labor Statistics data. New Hampshire’s estimated construction unemployment rate dropped by -.1% to land at 2.6%. Vermont’s unemployment rate increased by .3% to rest at 2.5% which is still significantly lower than the national average.