Welcome to the “New” New Hampshire where the State Legislature is “Slashing Budgets and Killing Jobs”. This week the unemployment numbers were released for the month of July and SURPRISE the unemployment in New Hampshire has risen by 3/10s of a point this month.
“The state’s jobless rate shot up to 5.2 percent fueled by a one-month loss of 9,100 jobs in local government.
Unemployment was 4.9 percent in June.
The one-month jump in the jobless rate was the largest in more than two years.”
Thats right folks over 9,100 jobs have been lost this month alone in State and Local governments. Why you may ask? I think we already know that answer. The radically reduced state budget! As soon as the budget was released and took effect on July 1st the State announced that they would have to lay off over 200 people and eliminated over 800 more jobs that were currently vacant. This 5.2% number does not include the state employee’s who are now out of work.
Well who wants to take credit for the unemployment rate now? Are we going to hear the Speaker continue to tell us this is the best thing for New Hampshire?
“House Speaker William O’Brien, R-Mont Vernon, acknowledged the job loss was likely the result of tight local and state budgets.
“While it’s certainly disappointing to see that a number of New Hampshire residents have lost their jobs, there is good news in that our private sector is showing robust job growth,” O’Brien said in a statement. “We are now in the middle of a difficult transition as federal, state and local governments move away from unsustainable spending levels.”
With 3,300 more workers without a job this month Speaker William O’Bien continues to tell us this is what is best for New Hampshire. While he does admit that some of this “loss was the result” of the draconian slashing of the state budget which has also created an additionally negative trickle down affect on our county and municipal employees that have also received cuts due to cuts at the state level. I think what he does not seem to understand is that people are worried about feeding their families and keeping a roof over their heads – and his desire to balance the budget on the backs of working people is wrong.
Democratic Party Chairman Ray Buckley said it best:
“Their out-of-touch tea party agenda that puts cigarette companies first and working families last isn’t working for New Hampshire.”
Oh but wait there is more! Thats right, these numbers are for only JULY, that was before the state shifted the medicare taxes away from hospitals and sent massive shockwaves through the hospitals in the area. Most of the hospitals in New Hampshire have already reported massive layoffs:
“Several hospitals including Southern New Hampshire Medical Center in Nashua announced layoffs to cope with a dramatic cut in state aid to hospitals. Most of those job losses, however, did not occur until this month and will be reported on in September.”
Thats right, expect another jump in unemployment next month as the hospitals downsize roughly 1,000 workers across the state. These hospital layoff combined with the typical seasonal layoffs could create the biggest jump in New Hampshire unemployment in recent history!