Recover password

NM added 1,900 jobs in October year over year

ajobsreportALBUQUERQUE, N.M. — New Mexico added 1,900 jobs between October 2012 and October 2013, the state Workforce Solutions Department announced Monday in a report that was delayed a week by October’s partial government shutdown.

Albuquerque added 2,000 jobs in the period, the seventh consecutive month of job gains in the area. Santa Fe added 200 jobs, and employment in Farmington and Las Cruces was unchanged.

The October unemployment rate was 6.6 percent statewide and 6.7 percent in the Albuquerque metropolitan statistical area.

The financial activities industry added 3,000 jobs statewide in the 12-month period, continuing a trend that began earlier this year. Leisure and hospitality added 2,200 jobs. Construction added 600 jobs statewide, retail trade added 600 jobs and the mining industry, which includes oil and natural gas extraction, added 500 jobs.

Professional and business services, which had been losing jobs regularly for several months, gained 100 jobs.

Educational and health services, which had sustained New Mexico employment during the worst of the state’s recession, lost 1,100 jobs between October 2012 and October 2013. Manufacturing lost 900 jobs. Government employment declined 3,100 jobs.

Private sector employment gained 1,400 jobs in the Albuquerque area, including 900 construction jobs, 600 government jobs and 1,300 leisure and hospitality jobs. Retail trade lost 900 jobs.


Continue reading