www.nhes.state.nh.us/elmi/ Economic Conditions in New Hampshire — October 2001

abor force estimates, including Typical Monthly Events Seasonal employment, unemployment, that Affect Employment and the unemployment rate, as Adjustment – L January Construction affected by weather; winter well as estimates of employment levels sports up; colleges closed for break What does it by industry from the Current Employ- February Construction affected by weather; winter ment Statistics survey, are given two sports up; school vacations affect teachers mean? ways – seasonally adjusted and not and bus drivers March Town meetings affect local government seasonally adjusted. Seasonal adjustment employment extracts changes that typically happen April "Mud Season"; Income tax refunds affect retail every year (normal seasonal variation). employment The resulting data should point out May Memorial Day holiday is start of many more clearly changes driven by the summer tourist activities June Schools close; Tourism jumps economy (cyclical and other nonseasonal July Schools closed; plants shut down; tourism movements). The table to the right lists continues the primary calendar-driven events August Most schools closed; Tourism continues considered when adjusting New Hamp- September Schools reopen; Tourism ebbs shire data for seasonality. October Tourism increases for Fall foliage November Decreased tourism; Holiday hiring begins Scott Gessis December Christmas and all its effects; Ski season begins

Economic and Labor Market Information Bureau 3