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State economist: Rochester—s labor market strong but manufacturing faces tariff-driven uncertainty

5604031 · August 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Brian Gottlieb, director of the New Hampshire Employment Security Economic and Labor Market Information Bureau and principal of PollEcon Research, told the Rochester City Council on Aug. 19 that Rochester—s labor market shows strengths but that manufacturing and a retail-heavy industry mix create risks for wage growth and exposure to trade shocks.

Brian Gottlieb, director of the New Hampshire Employment Security Economic and Labor Market Information Bureau and principal of PollEcon Research, told the Rochester City Council on Aug. 19, 2025, that Rochester—s labor market shows strengths but faces risks tied to manufacturing and slower private-sector job growth.

Gottlieb said New Hampshire has outperformed other New England states in private-sector job growth and that Rochester—s unemployment rate is lower than the statewide rate. "Rochester has a lower unemployment rate than New Hampshire," he said, attributing some of the city—s strength to its position in a dynamic regional labor market.

Gottlieb placed particular emphasis on the city—s industry mix. He said Rochester has higher concentrations of retail and manufacturing than the state average,…

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