09.07.2010 0

Recovery Summer and Stimulus: New Hampshire

Continuing on the Recovery Summer and Stimulus: State by State, we head to New Hampshire.

Quick New Hampshire facts:

  • In January of 2009, the unemployment rate in New Hampshire was 5.2%. As of June 30, 2010, the unemployment rate was 5.9%–a net increase of 0.7%! (Source: Bureau of Labor Statistics)
  • According to Recovery.gov, New Hampshire has received 1,258 awards. This has resulted in $923,095,300 being spent to create/save 2,734.56* jobs (Source: Recovery.gov)
  • As of June 2010, the labor force in New Hampshire has decreased by 915 people since January of 2009. While the labor force has decreased, unemployment has increased by nearly 1%. (Source: Bureau of Labor Statistics)
  • According to the Recovery Summer Map, New Hampshire boasts zero “Summer of Recovery” projects!
  • The number of people employed in New Hampshire has fallen by 6,495 people! (Source: Bureau of Labor Statistics)
  • The Obama administration projected the change in jobs by December 31, 2010 to be +16,000 jobs. To date, New Hampshire has lost5,400  jobs. (Source: Ways & Means Republicans)

The employment trend in New Hampshire was a steep downward slop through most of 2009. As 2010 began, a slight “recovery” was noticed but it appears to have to an end by the time the “Summer of Recovery” began. (Source: Bureau of Labor Statistics)

Has the Recovery Act done anything for New Hampshire? No.

Has “Recovery Summer” done anything for New Hampshire? No.

For a state that gave all of its electoral votes to Obama in 2008, one should have expected much more for such a small state. Through our coverage on the effects of Stimulus and Recovery Summer on the states, we have determined that no matter the size of a state’s population, all economies have been negatively effected. While New Hampshire has a relatively low unemployment rate, the state has still seen negative impacts. The labor force is shrinking and the number of employed people continues to dwindle as well. All the while, the unemployment rate increases and the Big Government Congress in Washington D.C. is tone deaf on how to respond to this catastrophe.

Read more on Recovery Summer and the Stimulus Effects on States.

*: The number of jobs created/saved conflicts with other government sources on Recovery.gov. This number was pulled from the latest figured offered on Recovery.gov

Copyright © 2008-2021 Americans for Limited Government