In September, the state's year-over-year job growth rate continued the downward trend of the past 15 months. The number of wage jobs increased 9,800, or 1.2 percent, during September, one-third the 3.6 percent growth posted from June 2005 to June 2006.
Metro areas provided 5,400 new jobs over the September 2006 to September 2007 period. The metro growth was: Albuquerque, 2,300 jobs, 0.6%; Las Cruces, 1,400 jobs, 2.1%; Santa Fe, 800 jobs, 1.3%; Farmington, 900 jobs, 1.7%.
The natural resources / mining sector provided just one example of the slowing growth. The sector added 700 jobs for the year, a nice 3.6% increase. But there were 2,000 new resources jobs between mid-2005 and mid-2006.
Over the year, construction employment has dropped 0.3% and information has lost 200 jobs, a 1.2% drop.
The figures were released October 25 by the former Department of Labor, now known at the Department of Workforce Solutions.
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