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New Hampshire's Labor Force Trends and Policy Recommendations

Learn about the projected decline in New Hampshire's workforce and the growing poverty rates, along with key policy recommendations to ensure a competitive economic future. Explore regional variations and the importance of education and diversity in workforce development.

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New Hampshire's Labor Force Trends and Policy Recommendations

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  1. Board of Directors William H. Dunlap, Chair David Alukonis Eric Herr Dianne Mercier James Putnam Todd I. Selig Michael Whitney Daniel Wolf Martin L. Gross, Chair Emeritus Directors Emeritus Sheila T. Francoeur Stuart V. Smith, Jr. Donna Sytek Brian F. Walsh Kimon S. Zachos NH’s WorkforcePresentation to NHCBEApril 26, 2014 “…to raise new ideas and improve policy debates through quality information and analysis on issues shaping New Hampshire’s future.”

  2. The Workforce is Projected to Decline

  3. Size of Labor ForceWorking-Age Population (Age 20-64) Source: Daniel Lee, Plymouth State University Assuming no migration the working-age population in New Hampshire will decline nearly 10% in the state. The northern rural counties will see larger declines. Carroll County sees the biggest declines.

  4. Only three states are less diverse than NH

  5. But much of the growth in the labor force nationally is Hispanic

  6. Poverty Rates are Growing More Quickly in New Hampshire than in the US

  7. And particularly quickly for those under 18

  8. There is a geography to poverty in NH

  9. With Hillsborough County experiencing almost a 100% increase in child poverty

  10. If our economy requires an educated workforce do …. • We need to do a better job educating our own to support economic activity; • Ensure that we are a place that a diverse group of Millenials want to go to and stay; • Continue to be a business friendly place; • Target our economic development activities to where we have a competitive advantage (build and support a cluster); • Recognize regional variation in economic ecology.

  11. New Hampshire Center for Public Policy Studies Board of Directors William H. Dunlap, Chair David Alukonis Eric Herr Dianne Mercier James Putnam Todd I. Selig Michael Whitney Daniel Wolf Martin L. Gross, Chair Emeritus Directors Emeritus Sheila T. Francoeur Stuart V. Smith, Jr. Donna Sytek Brian F. Walsh Kimon S. Zachos Want to learn more? • Online: nhpolicy.org • Facebook: facebook.com/nhpolicy • Twitter: @nhpublicpolicy • Our blog: policyblognh.org • (603) 226-2500 “…to raise new ideas and improve policy debates through quality information and analysis on issues shaping New Hampshire’s future.”

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