Vermont’s Manufacturing Job Losses do not Seem to be Returning

Here is an article that shows how Vermont is on of the states that has lost the most blue collar jobs between 2000 and 2010: http://www.huffingtonpost.com/2011/07/12/the-ten-states-blue-collar_n_895046.html#s306887&title=10_Connecticut Two thirds of these jobs have been lost in production. This is not what people should be most concerned with. New Hampshire lost even more blue collar jobs during this period and production was hit heavily. The recession hit a lot of places. The problem lies in the nature on the recovery under way in the two states:

“Vermont lost a little more than 17,000 blue-collar jobs during the 2000s but added almost 6,500 white-collar jobs. Over two thirds of the blue-collar jobs that were lost were production jobs. Relative to many other states, however, Vermont has recovered greatly from the recession. Unemployment peaked at 7.3% in the state, but has since fallen to 5.4%, which is 3.7 percentage points lower than the national average. This recovery has been largely driven by tourism.

Contrast that with New Hampshire:

“Between 2000 and 2010, the percentage of New Hampshire’s workforce made up of blue-collar workers decreased by almost 8%. Thirty thousand blue-collar jobs were lost, the vast majority of which were production jobs, including factory jobs. The state also has the lowest percentage of residents living below the poverty level. New Hampshire has made a strong recovery post-recession. The unemployment rate is currently at 4.8% — the third lowest in the country. And according to a recent article in Foster’s Daily Democrat, New Hampshire’s manufacturing industry has also made a strong comeback.”

In other words, New Hampshire’s manufacturing jobs losses seem to be a temporary phenomenon related to the recession that are already coming back. The same type of jobs being lost in Vermont do not seem to be returning. This could indicate that Vermont’s job losses are not solely a function of the recession, but something inherent in Vermont.