NEW UNEMPLOYMENT RATE FOR SEPTEMBER OUT - WHAT DOES IT MEAN?

The new unepmloyment rates for New Hampshire and for the country are out and they are good news for New Hampshire as things remain the same at the national level. New Hampshire's rate for September (seasonally adjusted rate was 5.5%) while the unadjusted rate was 5.1 %) for New Hampshire while the national number remained close to the same at (9.6% seasonally adjusted and 9.2%  when not adjusted seasonally).

The rate in New Hampshire is down .2% from September and down 1.2% from this time last year.

What does all this mean you ask? For New Hampshire it means the economy continues to grow as jobs are being added. New Hampshire has one of the lowest unemployment rates in the country. The Real Estate market is holding it's owm as buyers enjoy the lowest prices and the lowest interest rates in years. The buyers who are buying are taking their lead from the investors who are buying up the majority of new foreclosures entering the market taking advantage of the market themselves.

With the unemployment rate decreasing again here in NH, once again it shows why New Hampshire is such a great place to live, work and play.

Updated Oct. 25, 2010

Blog Written by:

Scott Godzyk
Owner/Broker
Godzyk Realty Group

One of New Hampshire's Leading REO Brokers

www.ScottSellsNH.com

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