Concord, NH – Senate President Chuck Morse, R-Salem, issued the following statement today regarding the state’s unemployment rate declining to 4.7-percent:
“When Republicans took control of the Senate in November of 2010, the state’s unemployment rate stood at 5.8-percent. Since then, we have cut spending and balanced two budgets without increasing taxes or fees, reformed and improved our business statutes for small and large employers, and updated the state’s three tax credit programs, including doubling and making permanent the Research and Development Tax Credit.
“These policies have given businesses the confidence they need to locate, expand, and create jobs in New Hampshire, and as a result the number of residents employed has grown by nearly 15,000. As this legislative session continues, Senate Republicans will remain focused on policies that will further encourage job growth to ensure that every Granite Stater who seeks a job in our state can find one.”