Thursday, May 15, 2008

Job Growth: March

According to the Department of Workforce Solutions, which finally got its Labor Market Review publication posted ten days or so after the promised time, New Mexico has reassumed its traditional position as the job growth laggard in a nine-state Rocky Mountain / southwest group. New Mexico's non-farm wage job growth was 0.6% for the year ended March 31. The states doing worse than New Mexico—California, Arizona and Nevada—all lost jobs over the year. But for now, they are a special case because they are three of the four states hit worst by the real estate crash.

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