Monday, April 18, 2016

Leisure and Hospitality Jobs Up 5.3%, Mining down 25%

The start the year, New Mexico’s job engine (snicker) showed a January 2015 to January 2016 performance of a decrease of 1,800 jobs. The year-over-year “growth” for February was 300, meaning zero, which the Department of Workforce Solutions pointed out before talking about the “month’s very modest gain.”
For March the year-over-year gain was 3,000 jobs, probably enough to mean that indeed a few jobs were added around the state after considering statistical variability.
For the sectors, leisure and hospitality led the percentage growth with a 5.3% increase from 4,800 jobs. The larger education and health services sector led the number gain with 6,800 new jobs, or 5.1%.
Professional and business services (+800 jobs), construction (+700 jobs) and other services (+600) were the other private sector gainers.
Local government added 800 jobs. The devil in that detail is the 800-job loss in local government education, namely the public schools, which means that the rest of local government gained 1,600 jobs.
Mining is down 6,900 jobs, or a bit more than 25%, from a year ago. The sector now has 20,100 jobs.
Employment (different from wage jobs) was up about 5,500 in metro Albuquerque to 392,000. In Farmington, employment dropped about 700 during the year and increased 600 in Las Cruces and 200 in Santa Fe.

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