ALBUQUERQUE, N.M. — The Albuquerque area had more year-over-year job growth in March than it has seen since May 2007, according to state figures.
The growth amounted to 1.6 percent, or 5,900 jobs, compared to March 2015, the Department of Workforce Solutions reported.
“The big picture is that Albuquerque is sustaining a reasonable, even relatively strong, rate of growth” said Jeff Mitchell, director of the University of New Mexico Bureau of Business and Economic Research. “This past month was one of the strongest months we’ve seen.”
A large part of that growth was in private-sector jobs — an increase of 4,800 jobs, or 1.6 percent — bringing good news to a state trying to reduce its reliance on government employment.
But one major reason for March’s good news was that the government sector also grew, by 1.3 percent, and that helped to halt a trend in which loss of government jobs was “eating up” any gains among private businesses, Mitchell said. The growth was in state government, while local government employment was down 0.2 percent, the state report said.
Support your local Albuquerque Journal & Ellen Marks SUBSCRIBE NOW cancel anytime