“That still is a high number,” he said.
Typically for New Hampshire following recessions since the 1970s, economists would expect to see unemployment around 3.5 percent at this point, Delay said.
“There is no quick fix,” said Russ Thibeault, president of Laconia-based Applied Economic Research Inc.
“The world has changed and America’s dominant position in the world has been weakened,” Thibeault said. “It will take time to have the kind of economy we had in, say, the 1990s.”