Wednesday, January 31, 2018

Lea Eddy & Metro Albuquerque Grab 72% of new 2017 Jobs

For wage job gains during 2017, it was metro Albuquerque and two rural counties. As reported last week, when the summary numbers were released, the state added 10,800 jobs. Albuquerque gained 4,400 jobs, or 41% of the state total. Eddy and Lea counties, both considered rural gained 3,400 jobs, or 31% of the total.
Farmington, Las Cruces and Santa Fe, the other three metro areas, lost 300 jobs between them for the year between December 2016 and December 2017. Government, down 700 jobs, pulled Las Cruces into the red for 2017. Local government around the Las Cruces metro dropped 600 jobs.
The Department of Workforce Solutions released metro job details yesterday.
Including making up the 300 lost metro jobs, the remaining 24 rural counties gained 3,000 jobs, or 28% of the new jobs scattered around about the home of half the state’s population.
Those 3,100 new leisure and hospitality jobs reported last week included 900 jobs added in December. A guess is that total will take a hit as ski areas continue without natural snow. So will supporting retail.
The small (20,100 jobs) financial sector led Albuquerque’s year-over-year growth with 1,600 jobs, an 8.6% hike. Leisure and hospitality followed with 1,400 jobs, or 3.4%.

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