Saturday, August 29, 2015

Abq, Farm. Grow in July; SF, LC Do Not

Albuquerque and Farmington accounted for 9,200 of the 9,600 wages jobs added in New Mexico between July 201 and July 2015. The report comes in the new issue of the Labor Market Review, released late Friday afternoon by the Department of Workforce Solutions. The division was 1,400 new Farmington jobs and 7,800 in Albuquerque.
Las Cruces and Santa Fe again went the other way. Las Cruces lost 300 wage jobs for the period. Santa Fe dropped 400.
New Mexico’s 1.2% job gain beat a neighboring state for the first time in about forever. Oklahoma, which has a short border with our northeast corner showed 0.8% job growth for the period.
For the June to July month, wage jobs statewide and not seasonally adjusted dropped by 4,100, mainly due to school getting out.
With 2,600 new jobs year-over-year, education and health services (i.e., Medicaid) wasn’t even Albuquerque’s big gainer. That honor went to professional and business services wth 2,800 more jobs. Leisure and hospitality added 1,400 jobs.
The private sector provided 1,300 of Farmington’s 1,400 new jobs. No further detail is provided for Farmington.
Education and health services added 700 jobs in Santa Fe for the year. Professional and business services added 100. The losers were leisure and hospitality, construction, finance and other services.
In Las Cruces, education and health services added 500 jobs with 300 each in retail and transportation, both due to Santa Teresa, perhaps. Professional and business services, construction and government lost.

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