Just when we thought the Bush administration was spending all the money, something was stopped. That something is the production of detailed job numbers for some small metro areas including Farmington. This required some shuffling here. Further shuffling was required because the Department of Workforce Solutions annoyingly did not including the Las Cruces and Santa Fe wage job figures in their Labor Market Review publication.
Whine. Whine. Whine.
Having completed the shuffle, there appears the surprising news that rural New Mexico, including Farmington, is increasing wage jobs at a 1.9% rate (for 5,900 new jobs) from May 2007 through May 2008. This is faster than the state and the other three metro areas, Albuquerque, Santa Fe and Las Cruces. "Employment" grew 0.9% for the May-to-May period, faster than everyone except Las Cruces. Farmington, statistically a "city," probably explains a good bit of the rural performance because Farmington has been doing well in the recent past when its performance wasn't a secret. Even so, it's nice to see the folks out in the country on the up side of the numbers once in a while.
Note the one percentage point difference in rural growth of wage jobs and employment. As noted before, the numbers come from somewhat different places. Wage jobs everywhere grew faster than employment.
In percentage terms, the May-to-May increases in unemployment aren't good. The increase are:
New Mexico: 9.4%.
Albuquerque: 13.3%.
Santa Fe: 9.2%.
Las Cruces: 4.1%.
Rural: 6.9
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