New Hampshire’s unemployment rate went up slightly to 2.8% in March, up from 2.7% in February. New data from the state’s Employment Security office shows modest job losses in education, retail and finance, while construction and manufacturing were basically flat. The unemployment rate has sat below 3% for more than a year, a clear sign of a bullish New Hampshire economy. However, some companies view the strong results as something of a double-edged sword: while overall business may be up, firms are struggling to find enough workers, and job seekers find themselves better able to bargain for higher salaries. “Companies are having to pay to get more qualified individuals, as well as compete with other companies that are looking to hire in the space...
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Unemployment Stays Low, Giving Job Seekers More Leverage