CONCORD – House Speaker William O’Brien (R-Mont Vernon) and House Majority Leader D.J. Bettencourt (R-Salem) today commented on the release of the January employment data from the Department of Employment Security (NHES). The report showed that while the unemployment rate stayed the same at 5.2% due to adjustments made by the federal Bureau of Labor Statistics to account for population data updates from the 2010 census, the state continues to add jobs. The number of employed New Hampshire residents increase by 1,180 and the number of unemployed residents dropped by 280, while the workforce expanded by 900, according to NHES.
House Speaker William O’Brien
“This is one more in a string of employment reports that shows New Hampshire’s economy is continuing to strengthen. It’s great news to see that more of our friends and neighbors are finding work, and that our workforce is continuing to grow. As legislators, our responsibility is to continue to develop a strong environment for private sector employers to grow and bring good, new jobs here. That means redoubling our efforts to keep taxes low, reduce burdensome regulations and sell our state as the place to do business. We are obviously headed in the right direction, but we have more work to do.”
House Majority Leader D.J. Bettencourt
“While the Democrats and the media continue to fixate on a handful of bills unrelated to jobs, they are missing the tremendous recovery going on across the state in which our employers are gaining the confidence to grow and our residents are finding work. I expect the media will continue to ignore the real New Hampshire recovery, which has nothing to do with stimulus spending, passing overreaching takeovers of our healthcare industry and pushing new regulations. Instead, this comeback is because of the hard work and courage of Republican legislators who had the guts to stand up to special interests and say ‘enough.’ This led to an honest balanced budget, tax reductions that mean that we no longer have the highest business tax rate in the nation, and 43 – and counting – new laws to cut regulation and red tape. Thankfully, our citizens get the fact that change was necessary and they support our efforts to bring fiscal responsibility to New Hampshire, allowing our employers to create new jobs.”