New Mexico closed 2008 with its second month of job losses, the Department of Workforce Services report January 29. Wage jobs were down 6,800 from December 2007, a 0.8% drop. Eight of the 13 industrial categories lost jobs while four gained.
Metro Albuquerque added 400 jobs in December over November but closed the year down 1,600 jobs from December 2007, a 0.4% year over year drop. This was the fifth consecutive month of over-the-year employment decline for Albuquerque.
For Las Cruces, December to December wage job growth was 700, a 1% increase.
Santa Fe's year over year job loss mode started in June and continued in December. Wage employment in December was down 1.4 percent, representing a loss of 900 jobs from December 2007.
Farmington added 400 wage jobs during 2008 for a 0.8% increase over December 2007. The private sector produced 500 jobs during the year while government lost 100.
With the four metro areas losing a net 1,400 jobs, that means the rural areas of the state dropped 5,400 jobs over the past year.
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