ABC New Hampshire & Vermont News


November Construction Unemployment Rates Rise From a Year Ago, Says ABC

 

In November, estimated not seasonally adjusted construction unemployment rates increased nationally and in 38 states, fell in 11 states and were unchanged in one state (Washington) on a year-over-year basis.

Vermont and New Hampshire still lead the country with some of the lowest rates, 3.7% and 3.4% respectively. It was still Vermont’s second lowest November rate on record, behind a rate of 3.2% last year.

Because these industry-specific rates are not seasonally adjusted, national and state-level unemployment rates are best evaluated on a year-over-year basis. The monthly movement of rates still provides some information, although extra care must be used when drawing conclusions from these variations.

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