Portsmouth, New Hampshire Unemployment
The BLS reported that the unemployment rate for Portsmouth fell 0.1 percentage points in January 2023 to 2.4%. For the same month, the metro unemployment rate was 0.4 percentage points lower than the New Hampshire rate. The unemployment rate in Portsmouth peaked in April 2020 at 14.1% and is now 11.7 percentage points lower. From a post peak low of 1.9% in July 2022, the unemployment rate has now grown by 0.5 percentage points. You can also compare Portsmouth unemployment with unemployment in other cities.
| Unemployment Rate | January 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.4% | -0.1 | -0.6 |
| New Hampshire | 2.8% | -0.1 | +0.5 |
| Portsmouth | 2.4% | -0.1 | -0.3 |
Unemployment Rate: Portsmouth, New Hampshire, National
Note: Recessions shown in gray.
Portsmouth, New Hampshire Unemployed
The number of people unemployed in Portsmouth peaked in April 2020 at 10,226. There are now 8,367 fewer people unemployed in the metropolitan area. From a recent trough of 1,461 in July 2022, the number of unemployed has now grown by 398.
| Unemployed Persons | January 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Portsmouth | 1,859 | -28 | -191 |
Number of Unemployed Persons
Portsmouth, New Hampshire Unemployment History
| Date | National Unemployment Rate |
New Hampshire Unemployment Rate |
Portsmouth Unemployment Rate |
Portsmouth Unemployed |
|---|---|---|---|---|
| February 2023 |
3.6% | — | — | — |
| January 2023 |
3.4% | 2.8% | 2.4% | 1,859 |
| December 2022 |
3.5% | 2.9% | 2.5% | 1,887 |
| November 2022 |
3.6% | 2.9% | 2.4% | 1,802 |
| October 2022 |
3.7% | 2.9% | 2.2% | 1,705 |
| September 2022 |
3.5% | 2.8% | 2.1% | 1,572 |
| August 2022 |
3.7% | 2.7% | 2.0% | 1,494 |
| July 2022 |
3.5% | 2.5% | 1.9% | 1,461 |
| June 2022 |
3.6% | 2.4% | 2.0% | 1,525 |
| May 2022 |
3.6% | 2.2% | 2.1% | 1,605 |
| April 2022 |
3.6% | 2.1% | 2.2% | 1,693 |
| March 2022 |
3.6% | 2.1% | 2.3% | 1,786 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
