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N.M. Jobs Up, Barely

The biggest winners was the education and health services sector.

New Mexico’s economy added 7,600 jobs in the year that ended Sept. 30 for a 1 percent growth rate, the U.S. Bureau of Labor Statistics said Tuesday.

Seven industry sectors gained jobs and four lost them. The biggest winners were the education and health services sectors which grew by 2,900 jobs. The biggest loser was mining, which includes the oil and gas industry; it lost 1,100 jobs. Other jobs losers were construction, down 300; manufacturing, minus 100; and trade and transportation, off 600.

Other sectors that gained jobs were information, financial activities, professional and business services, leisure and hospitality, other services and government.

New Mexico’s unemployment rate was 6.8 percent in September, up from 6.7 percent in August. The national jobless rate in September was 5.1 percent. The state’s job growth rate was the second-lowest in the region. Only Oklahoma performed worse. During the year Oklahoma added 1,200 jobs for a 0.2 percent growth rate. But other surrounding states far outperformed New Mexico.

Arizona added 58,100 jobs for a 2.2 percent growth rate; Colorado was up by 42,400 jobs, or 1.7 percent, and Utah grew by 51,700 jobs, or 1.9 percent.
— Dennis Domrzalski

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Albuquerque’s definitive alternative newspaper publishing an inquisitive, modern approach to the news and entertainment stories that matter most to New Mexicans. ABQ Free Press’ fresh voice speaks to insightful and involved professionals who care deeply about our community.
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Dennis Domrzalski is managing editor of ABQ Free Press. Reach him at dennis@freeabq.com.

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