These employment losses in New Hampshire have directly impacted the economic stability of many Granite Staters, particularly those who were earning lower or more modest incomes, and who worked in the most effected service-based industries. Many of those facing employment or income losses due to the impacts of this crisis have utilized key support programs, which have been temporarily expanded or created in an effort to help ensure individuals and families can make ends meet.
Despite these expansions to certain support programs, other challenges in the state were both created and exacerbated by the COVID-19 crisis. The costs of housing and food have increased during this crisis, and limited access to and affordability of childcare has created additional financial and employment hardships for many New Hampshire residents and families.
This Issue Brief
examines the recent employment landscape in New Hampshire, the employment impacts of the COVID-19 crisis on specific industries and regions of the state, comparisons of the current economic recession to past recessions, and discussions of the new and increased pressures facing Granite Staters who may be the most vulnerable and face the greatest risks to their economic stability.