Thursday, December 29, 2016

NM Ties for Unemployment Lead

With 6.6% unemployed, New Mexico tied for highest unemployment in the nation with Mississippi, the District of Columbia, and Alaska.
Albuquerque swung to a year-over-year job loss in November with a decline of 500 wage jobs.
The other three metro areas went the other way. Las Cruces added 800 jobs, Santa Fe, 500, Farmington grew 300. The figures are not seasonally adjusted. The Department of Workforce solutions released the figures December 23 in its Labor Market Review newsletter.
A November to November drop in retail wage jobs of 3,400 pushed Albuquerque to the overall job loss. Statewide, retail lost 5,500 jobs. Manufacturing lost another 900 jobs for a November job total of 15,200. Growth in education and health services (Medicaid) continued with 1,200 new jobs over the year, a 1.9% increase.
Education and health services brought 1,300 jobs to Las Cruces for an 8.8% increase. Other sectors dropped 500 jobs for the year.
In Santa Fe some job sectors increase by 100 for the year. Others dropped 100. Education and health services added 400, a 4.1% increase.

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