United States Congress Joint Economic Committee

New Hampshire

December 2023

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November Employment Update
Labor Market (BLS/Haver)
Most Recent Prior Month 12 Mo. Prior
New Hampshire Unemployment (U-3) 2.7% 2.8% 2.2%
U.S. Official Rate (U-3) 3.6% 3.7% 3.6%
U.S. "Real" Rate (U-6) 7.0% 7.1% 6.7%
New Hampshire Labor Force Participation Rate 66.0% 66.1% 65.9%
U.S. Labor Force Participation Rate 62.7% 62.8% 62.2%
Prices (BLS/Haver, AAA)
Most Recent Prior Month 12 Mo. Prior
CPI-U Inflation 3.2% 3.7% 7.7%
"Core" CPI Inflation 4.0% 4.1% 6.3%
National Gas/gal. Updated 12/11/23 12:00 AM $3.15 $3.38 $3.28
New Hampshire Gas/gal. $3.20 $3.34 $3.45
Northeast Region: Loaf of Bread $2.03 $2.12 $1.88
Northeast Region: Ground Beef/lb. $3.85 $3.74 $4.16
Economic Growth (BEA, WSJ/Haver)
U.S. Real GDP
Q3/2023 (2nd Estimate)
5.2%
NH Real GDP
Q2/2023
0.7%
S&P 500 (YTD)
19.92% Updated 12/11/23 5:00 AM
Minimum Wage (DOL/WHD)
National Hourly Rate
$7.25
NH Hourly Rate
$7.25
Last Generated: 12/11/23 10:05 AM