House Majority Leader Statement on Unemployment Rate for March

CONCORD – House Majority Leader Richard “Dick” Hinch (R-Merrimack) offered the following statement on the release of March employment data by the New Hampshire Department of Employment Security. According to the release, the March 2016 unemployment rate decreased to 2.6 percent. New Hampshire’s preliminary seasonally adjusted unemployment rate for March 2016 was 2.6 percent, a decrease of 0.1 percentage.

“This is another encouraging sign for our state’s economy, and an indication that responsible Republican leadership in Concord is producing meaningful results,” said Hinch. “We may be among the lowest states when it comes to unemployment, but there is still work to do when it comes to sustaining a positive economic trajectory, and ensuring our state has the tools it needs to attract new jobs.”

“One major Republican initiative is the reduction of our business tax burden that will enable more reinvestment and further job creation. Our budget lowered business taxes for the first time in 20 years, and prescribes another modest reduction in the near future. This tax relief will help increase our competitive edge, and help grow and sustain a 21st century economy in New Hampshire,” added Hinch.