The December issue of the New Mexico’s Department of Workforce Solutions Labor Market Review newsletter slipped into the email inbox late this afternoon. The Review bring detail to the happy numbers released last week. Those numbers—2.4%, 19,900 person, seasonally adjusted employment growth for the year between December 2017 and December 2018—will disappear in early March with the release of annually revised figures in early March.
For now, however, Albuquerque can revel in year-over-year wage employment being up 10,300 wages, or 2.6%. The other three metro areas can gather some warm fuzzies with the knowledge, however short term, of a few new age jobs each during 2018.
For Las Cruces it was 300 jobs, or 0.4%. Santa Fe: 400 jobs, 0.6%. Farmington: 300 jobs, 0.6%.
Professional and business services led Albuquerque’s growth with 3,900 jobs during 2018, a 6.4% increase. Leisure and hospitality followed with 1,900 jobs, a 4.5% increase.
Government added 2,400 jobs over the year, a 2.9% increase that included 1,700 State government jobs. State government showed no change in employment during December.
Construction continued to grow, adding 1,000 jobs, or 4.3%. Education and health services generated 700 new jobs. Manufacturing added 200.
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