New Hampshire

  • Project Labor Agreements

    No state policy and infrequent use at the local level.

  • Prevailing Wage

    No.

  • Right to Work

    No.

  • Public-Private Partnerships

    Statute allows municipalities to issue bonds or notes for economic development (vertical projects), including P3s with certain specifications. Statute neither authorizes nor prohibits government entities from entering into P3s for transportationĀ projects.

  • Workforce Development Incentives

    Job Training Fund – Provides grants to employers on a 1:1 cash matching basis for training programs that include, but shall not be limited to: structured, on-site laboratory or classroom training; basic skills; technical skills; quality improvement; safety; management and supervision; and English as a second language. The community college system is intended to be the vendor of first choice, but if a community college does not perform the necessary training or if there is an established relationship with another training program, the community college may provide a waiver.

  • Career and Technical Education

    61% of CTE high school graduates are placed in colleges or careers.

    New Hampshire does not recognize NCCER as an approved curriculum for CTE programs.

  • 5-Year Average Job Growth Rate (2011-16)

    2.7%.

Monthly Unemployment Rate in New Hampshire

Industry Overview

Prompt Pay

Private: No law.
Public: No law.
Subs: No law.

Immigration/E-Verify Mandate

No law in place.

Percentage of State GDP From Nonresidential Construction

3.6%.

Incidence Rate in Construction (2013)

No data available.

Occupational Safety & Health Oversight (State vs. Federal)

Federal oversight.

Percentage of Union Membership in Private Construction

7.7%.

Marijuana Legalization Status

Legalized for medicinal use.

Business Facts

Minimum Wage (2016)

7.25

Percentage of Pensions Funded

65%

Effective Real-Estate Tax Rate

1.99%

Corporate Income Tax Rate(s)

8.50%

Capital Spending % As Share of Total State Spending (2013)

6.5%