New Hampshire's Economy Strengthens Leading To More Jobs in NH
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Our Economy Is Booming and Jobs In NH Are Available
The New Hampshire economy is growing, and the job market is full of opportunities for those looking for well-paying, long-term work. With an economy that’s stronger now than any point since the 2008 recession, it’s an excellent time to consider pursuing jobs in NH.
Estimates from 2016 and 2017 show that New Hampshire’s economy was growing faster than that of other New England states. Here at Hitchiner, we are growing as well. We recently announced an $80 million expansion that will create up to 100 new jobs and will require the construction of a 90,000-square-foot facility in Milford, where we are headquartered. Due to its tight labor market and the low unemployment rate, employers in NH are willing to invest in and train their workers with free programs.
Manufacturing Jobs in NH
Companies like Hitchiner have been investing in education and training programs to develop new workers and to help our current workers grow within the company. For those looking to get into manufacturing, it's a good option because there are many jobs in NH that can provide a long-term career.
Low Unemployment
Unemployment in New Hampshire has remained below 3 percent since early 2015. The estimated April 2018 unemployment rate in New Hampshire was only 2.6 percent, compared to the national average of 3.9 percent -- the lowest national unemployment rate since 2000. With fewer people looking for work, those seeking jobs in NH have more to choose from. In this market, NH employers must compete for the best candidates, and many like Hitchiner offer training and education to attract and retain the most capable employees.
New Hampshire's High Wages
The tight labor market and low unemployment rate are also contributing to increasing incomes in many sectors, including manufacturing. Safe, well-paid skilled and semi-skilled positions are available in the aerospace manufacturing industry -- which has higher average wages than other manufacturing sectors.
In 2016, the New Hampshire median household income was the highest in the nation -- $76,260, nearly 30 percent higher than the national average of $59,039. Even more significantly, New Hampshire has ranked among the top 5 median household income states for over ten years. The New Hampshire economy is not just strong, but stable, and increasing opportunities are drawing promising job-seekers to pursue opportunities in the Granite State.
Free Workforce Training for Jobs in NH
Modern manufacturing jobs require more training in technology, mathematics, and problem-solving than they have in the past, and industry leaders are seeking ways to retrain workers and prepare the incoming workforce. Hitchiner Manufacturing offers a free on-site engineering training program to its employees in partnership with Keene State College. The program includes 13 classes aimed at preparing students for entry-level salaried engineering employment opportunities at Hitchiner Manufacturing as well as preparing them for long-term career advancement. Students can expect to learn drafting, CAD, basic math, as well as other necessary skills like communication and public speaking.
High-schoolers in New Hampshire are graduating into a promising job market as well, and Hitchiner sees this young workforce as an opportunity for growth. We offer competitive internship opportunities for high school students, who work alongside full-time Hitchiner Manufacturing employees in sectors such as engineering, sales, marketing, and information technology. This program not only exposes students to great work opportunities in their communities but also provides them with vital skills for developing their future careers.
The training Hitchiner offers not only serves as a promising recruiting tool in a competitive job market, but also an opportunity for motivated workers to advance their careers in the company.
Career Opportunities At Hitchiner Manufacturing
Hitchiner employees are our most valuable asset, and full-time careers are available now in New Hampshire. Learn why 60% of our employees have stayed with Hitchiner for over ten years.
