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New Mexico labor market review, Vol. 40, no. 9 (November 9, 2011) :: NM State Documents
Home NM State Documents New Mexico labor market review, Vol. 40, no. 9 (November 9, 2011)
New Mexico labor market review, Vol. 40, no. 9 (November 9, 2011)
Highlights: September 2011
Current Regional Nonfarm Employment Growth
• New Mexico’s rate of over-the-year job growth was 0.2 percent, representing an increase
of 1,700 jobs.
• Nonfarm payroll employment in the Albuquerque MSA fell 0.6 percent over the year
for September, marking 36 consecutive months of negative growth.
• Over the year, the Las Cruces MSA was down 200 jobs or 0.3 percent. Private-sector
industries gained 500 jobs (up 1.1 percent), while government lost 700 jobs (down 3.2
• Santa Fe MSA employment expanded by 200 jobs or 0.3 percent over the year. The
strength for the Santa Fe MSA remained in educational & health services, up 400 jobs
or 3.9 percent.
• Over the year, total employment in the Farmington MSA was up 900 jobs or 1.9
percent. The private sector was up 300 jobs or 0.8 percent, with goods-producing
industries up 100 jobs or 1.0 percent, and private service-providing industries up 200
jobs or 0.8 percent.
Economic Research and Analysis Bureau P.O. Box 1928 Albuquerque, N.M. 87103 505.383.2729 www.dws.state.nm.us
Celina Bussey
September 2011 over September 2010 - Not Seasonally Adjusted
Volume 40 No. 9 Published November 9, 2011
WY OK UT TX AZ CA US CO NV NM
New Mexico’s seasonally adjusted unemployment rate was 6.6
percent in September 2011, unchanged from August but down from
8.6 percent a year ago. The national unemployment rate remained
at 9.1 percent. Previously, New Mexico’s unemployment rate had
fallen for six consecutive months after peaking at 8.7 percent at the
As mentioned last month, if the labor force participation rate
(LFPR) had held steady at pre-recession levels of around 63 percent,
the measured unemployment rate would have continued to gradually
increase through September 2011.
The rate of over-the-year job growth, comparing September 2011
with September 2010, was 0.2 percent, representing an increase of
1,700 jobs. This gain marked the fourth straight month of over-the-year
job growth, following a 32-month period of losses.
The slow recovery started a while back, but lack of significant
momentum left the state’s job growth rate close to the zero line for
over a year. A number of industries are now cautiously adding jobs,
but there is continuing evidence of restraint. The current job situation
includes eight growing and five declining industries.
The educational & health services industry added 5,500 jobs,
growing at a 4.6 percent rate since this time last year. This industry
seems to always do well, slowing down during recessions, but never
turning negative and losing jobs. As the largest private-sector
industry, educational & health services’ consistent growth provides
stability for the economy as a whole.
Retail trade has made a comeback from previous losses to report
4,000 additional jobs for September, while wholesale trade posted
a gain of 1,600 jobs. The mining industry reported another gain,
up 1,700 jobs, following 14 months of losses that ended in 2010.
The financial activities industry posted a gain of 1,900 jobs that
followed three years of job losses ending earlier this year. The
transportation, warehousing & utilities industry gained 300 jobs,
up 1.4 percent. Gains were also reported in leisure & hospitality,
up 400 jobs, and miscellaneous other services, up 200.
Latest Employment News The remaining four private-sector industries each recorded declining
employment. The professional & business services industry reported
employment that was down 7,400 jobs from last year. Construction
was down 4,300 jobs over the year, which is especially disappointing
when considering the jobs previously lost since 2008.
The information industry reported employment levels that were
down 200 jobs from last year, continuing a recent trend. The
manufacturing industry, down 100 jobs, has posted erratic job
growth in 2011, bouncing between positive and negative territory.
Manufacturing employment has taken devastating losses over the
Government employment registered a net decrease of 1,900 jobs
from the year-ago total, with losses concentrated at the local level.
Reported survey data for local government show employment down
2,300 jobs since this time last year. Federal employment was up by
400 jobs, while state government reported employment that was
unchanged from last year.
(Bernalillo, Sandoval, Torrance, and Valencia
The seasonally adjusted unemployment rate in the Albuquerque
MSA was 7.0 percent in September 2011, unchanged from August
but down sharply from 8.9 percent a year ago. The civilian labor
force edged up 0.1 percent over the month after eight consecutive
declines, as a small increase in employment was only partially offset
by an even smaller decrease in unemployment. On a year-over-year
basis, however, the civilian labor force was down 2.8 percent, with
both lower employment and unemployment.
Nonfarm payroll employment in the Albuquerque MSA fell 0.6
percent over the year for September, marking 36 consecutive months
of negative growth. The area was down 2,200 jobs from its year-ago
total, with employment increasing in four industries, decreasing in
six, and remaining unchanged in two. The state as a whole (up 0.2
percent) and the three other MSAs (Farmington, up 1.9 percent;
Santa Fe, up 0.3 percent; and Las Cruces, down 0.3 percent) all
posted growth rates higher than Albuquerque’s in September.
Mounting losses dropped Albuquerque MSA payroll employment
New Mexico Unemployment Rate
(Percent, Seasonally Adjusted),
January 2007-September 2011
New Mexico Construction Employment
(Not Seasonally Adjusted),
January 2003-September 2011
below its corresponding 2004 levels for the past five months (May
through September 2011).
Leisure & hospitality again led the gaining industries, expanding by
1,300 jobs or 3.4 percent over the year. A slightly larger-than-usual
over-the-month decline of 2 percent dropped the year-over-year
gain below 4 percent for the first time in six months. During the
previous ten years, the leisure & hospitality industry registered an
average employment decrease of 1.1 percent between August and
September, a period when tourism typically begins to wind down
Employment growth improved to 1.8 percent in educational &
health services, its highest rate in a year. The industry bounced back
from a four-month period of negative growth in early 2011, its first
over-the-year losses during the current series, to post a 1,000-job
gain for September. Despite recent slower growth, educational &
health services employment expanded 14.3 percent over the most
recent four-year period (September 2007 to September 2011), while
all other private-sector industries contracted by a combined 13.8
percent. In fact, educational & health services and government were
the only two industries to add jobs during that interval.
Retail trade also showed improvement in September, growing by
500 jobs or 1.2 percent, its largest over-the-year increase in five
months. Because this industry expanded only gradually prior to
the recent recession, with a 2007 annual average gain of 2.1 percent
representing the largest employment increase in nine years, its steep
declines in 2009 (down 6.3 percent) and 2010 (down 2.2 percent) set
the industry back more than a decade. Wholesale trade employment
inched up 100 jobs or 0.8 percent, while manufacturing and
miscellaneous other services remained at their year-ago employment
Construction was down 2,700 jobs or 12.4 percent for September
2011, its largest over-the-year employment decline since February
2010. Losses have now persisted for 57 consecutive months, driving
industry employment to its lowest September level since 1993.
Although over-the-month declines are typical between August
and September as construction activity slows, the 2011 dip was
unusually large, at 4.5 percent or 900 jobs, increasing the industry’s
over-the-year loss from 9.1 percent in August. An examination of
September employment data from 2002 (the most recent occurrence
of over-the-year loss prior to the housing bust that preceded the
so-called “Great Recession”) through 2011 (the most current data
available) reveals a remarkable rise and fall. The construction industry
added 8,300 jobs (up 35.5 percent) between September 2002 and
September 2006 before shedding 12,600 jobs (down 39.7 percent)
through September 2011.
Over-the-Year Growth Rates
Over-the-Year Change (in Thousands)
Job Growth/Decline
Private vs. Government
Government employment fell by 900 jobs or 1.1 percent over the
year, with all losses coming at the local level. Local government,
which includes public education, public safety, various other service
and administrative activities, and tribal operations, was down 1,000
jobs or 2.4 percent. Federal government was up 100 jobs or 0.6
percent, and state government was unchanged. The total government
loss of 1.1 percent in September matched the decrease in May (which
was primarily due to the large number of census workers included
in the prior-year total) as its largest over-the-year drop during the
Professional & business services, the Albuquerque area’s largest
private-sector industry, declined by 600 jobs or 1.1 percent, falling
back into negative territory after four months of gains. At 56,000
jobs, employment slipped to its lowest September level since 1998
and exceeded the educational & health services total of 55,800 jobs
by just 200. With growth rates moving in opposite directions, the
two industries may soon temporarily change positions again as they
briefly did earlier this year.
Financial activities employment fell by 100 jobs over the month,
but the over-the-year deficit of 400 jobs or 2.3 percent actually
represented a slight improvement because of a larger August to
September drop last year. Transportation, warehousing & utilities
(down 400 jobs or 4.3 percent) and information (down 100 jobs or
1.2 percent), the area’s two smallest industries, also continued to
post negative growth.
The private sector was down 1,300 jobs or 0.5 percent over the year
for September, marking continued gradual improvement from losses
exceeding 20,000 for June through October 2009 (see accompanying
chart). Total nonfarm improvement was hampered in recent months,
however, by four consecutive over-the-year losses in government,
which hadn’t previously posted a decline since mid-1999.
(Doña Ana County)
The seasonally adjusted unemployment rate for the Las Cruces MSA
was 6.7 percent in September 2011, unchanged from August but
down from 8.4 percent a year ago.
Over the month, the Las Cruces area added 800 jobs, with a loss
of 100 jobs in the private sector only slightly offsetting a gain of
900 jobs in government. Within the government sector, the state
and local levels added a combined 1,000 jobs, while the federal
component lost 100. The local and state government gains were in
all likelihood mostly, if not entirely, education-related.
In the private sector, the Las Cruces MSA lost 100 jobs from its
August total, with three industries expanding, four contracting, and
four remaining unchanged. The gaining industries—transportation,
warehousing & utilities; educational & health services; and leisure &
hospitality—each added 100 jobs. As with the government sector, the
increases in transportation, warehousing & utilities and educational
& health services were likely education-related. Construction,
wholesale trade, retail trade, and professional & business services
each lost 100 jobs, while manufacturing, information, financial
activities, and miscellaneous other services were unchanged.
Over the year, the Las Cruces MSA was down 200 jobs or 0.3
percent. Private-sector industries gained 500 jobs (up 1.1 percent),
while government lost 700 jobs (down 3.2 percent). Employment
increased in five private-sector industries, decreased in one, and
remained unchanged in five others. Retail trade (up 2.9 percent) and
educational & health services (up 1.7 percent), two of the largest
private industries, each added 200 jobs to their year-ago totals. Retail
trade represented 10.3 percent and educational & health services
17.5 percent of September 2011 total nonfarm employment in
the Las Cruces MSA. Wholesale trade (up 8.3 percent), financial
activities (up 4.3 percent), and leisure & hospitality (up 1.4 percent)
each added 100 jobs. Leisure & hospitality is the other large private
employing industry, comprising approximately 10.4 percent of
total nonfarm employment. Manufacturing (down 200 jobs or
7.1 percent) was the sole declining industry, while construction;
transportation, warehousing & utilities; information; professional &
business services; and miscellaneous other services were unchanged
All three levels of government lost jobs over the year. Federal
government was down 300 jobs or 7.1 percent, while the state
and local levels were each down 200 jobs or 2.3 percent. Total
government in the Las Cruces MSA represented about 30 percent
of the September 2011 nonfarm total.
Over-the-year employment growth has been negative since March
2011, following a 14-month period in positive territory that began in
January 2010. The Las Cruces MSA first registered losses in January
2009, with job growth remaining negative through the end of the
year. Private employment growth has been positive since January
2010 except for three months (April, May, and June 2011).
(Santa Fe County)
The seasonally adjusted unemployment rate for the Santa Fe MSA
was 5.5 percent in September 2011, up from 5.4 percent in August
but down from 7.1 percent a year ago.
Over the month, Santa Fe MSA employment declined by 300 jobs,
with all losses coming in the private sector where one of the 11
industries added jobs, three lost jobs, and seven were unchanged.
Educational & health services gained 500 jobs, most of which were
seasonal positions in private education. Miscellaneous other services
(down 400), leisure & hospitality (down 300), and construction
(down 100) were the declining industries, while manufacturing;
wholesale trade; retail trade; transportation, warehousing, & utilities;
information; financial activities; and professional & business services
all remained at their August employment levels. The over-the-month
movement in jobs was primarily seasonal, reflecting the start of the
school year and the end of summer tourism.
Government-sector employment was also unchanged over the
month, with a gain of 100 jobs at the local level offsetting a loss of
100 at the state level. Federal government employment has been
virtually unchanged for the past year.
Over the year, Santa Fe MSA employment expanded by 200 jobs
or 0.3 percent. The strength for the Santa Fe MSA remained in
educational & health services, up 400 jobs or 3.9 percent. This
industry represented 17.5 percent of the area’s total nonfarm
employment for September. Also posting strong growth was retail
trade, up 300 jobs or 3.5 percent. This is another large industry for
the Santa Fe MSA, representing 14.4 percent of September 2011
total nonfarm employment. Leisure & hospitality, which accounted
for about 15.2 percent of total nonfarm employment, expanded
by 200 jobs or 2.2 percent. Information and financial activities,
two industries that together equaled 5.9 percent of total nonfarm
employment, each posted an over-the-year increase of 100 jobs.
Employment was unchanged in manufacturing; wholesale trade;
transportation, warehousing & utilities; and professional & business
services, while construction, down 300, and miscellaneous other
services, down 100, lost jobs from their year-ago totals. Construction
and other services each represented 4.6 percent of September’s total
nonfarm employment for the Santa Fe MSA.
The government sector, down 500 jobs or 3.0 percent,
continued to be a drag on the Santa Fe economy. All three
components contributed to the loss, with the federal level
down 100 jobs, and the state and local levels each down
200. Total government accounted for 26.4 percent of the
Santa Fe MSA’s total nonfarm employment.
The seasonally adjusted unemployment rate in the
Farmington MSA was 6.7 percent in September 2011,
down from a revised 6.8 percent in August and 9.4
percent in September 2010.
Over the month, the Farmington MSA posted a net gain
of 500 jobs, with a 1,300-job increase in government
more than offsetting an 800-job decrease in the private
sector. The private-sector loss resulted from declines of
100 jobs in the goods-producing industries and 700
jobs in the private service-providing industries. The private service-providing
category represented 54.5 percent of September’s total
nonfarm employment for the MSA.
The large gain in government employment came primarily from a
seasonal increase in school-related jobs in local government, which
added a total of 1,200. Federal government gained 100 jobs over
the month, and state government remained unchanged.
Over the year, total employment in the Farmington area was up by
900 jobs or 1.9 percent. The private sector was up 300 jobs or 0.8
percent, with goods-producing industries up 100 jobs or 1.0 percent,
and private service-providing industries up 200 jobs or 0.8 percent.
The government sector was up 600 jobs or 5.3 percent over the year,
with the bulk of the increase coming at the local level, up 500 jobs
or 5.5 percent, according to preliminary data. Federal government
added 100 jobs, and state government remained unchanged over
New Mexico Area Economic Activity This section presents the latest economic news gathered from published articles, government documents, private- and public-sector news releases, and reports from local
New Mexico Workforce Connection Centers. In most cases, no attempt is made to verify accuracy of information.
The Job Training Incentive Program (JTIP) board at its September
meeting approved $350,087 in funding to support 38 new jobs
with two New Mexico businesses. Ideum, a Corrales company that
designs and creates interactive exhibits and Web applications for
museum and Web visitors, was awarded $137,126 for seven new
jobs. Air Products EES-PolyFlow, an Albuquerque company that
produces capital equipment for fabrication facilities used in the
manufacture of semiconductors, solar cells, medical devises, and
optical fiber, was granted $212,961 for 31 new jobs.
New Mexico might lose more than 50 post offices under a U.S.
Postal Service national proposal intended to keep the federally
owned corporation operating. The USPS is expected to handle about
167 billion pieces of mail this fiscal year, down 22 percent from five
years ago. Mail volume has been severely impacted by the popularity
of e-mail, electronic bill pay, and Web access that makes information
immediately available. Postal spokeswoman Barbara Wood told
KKOB-770 radio that 54 post offices in New Mexico are slated for
closure, including four in downtown Albuquerque. The U.S. Postal
Service has said that without congressional action, it could run out
of money to pay salaries and contractors a year from now.
Two new owners recently purchased, in a more than $15 million
deal, the 30 former Redi-Mart store locations around the state that
closed down last summer. Brad Hall & Associates Inc. of Idaho
Falls, Idaho, acquired 28 of the stores, while Brewer Oil Company,
headquartered in Albuquerque, purchased the other two. The stores
were owned by PRP Inc. and operated by Ever-Ready Oil Company
until the company closed them in May 2010. Brad Hall &
Associates will remodel and rebrand all 28 stores it purchased, 18 of
which are in Albuquerque. Twenty-six of the 28 stores are currently
operating, and work is in progress at all locations. Information was
not immediately available on the two Albuquerque stores purchased
by Brewer Oil.
Albuquerque Area, Bernalillo County:
Business outsource provider Sitel announced plans to hire 140
customer care specialists for both seasonal and longer-term positions
at its Albuquerque facility. The company scheduled a job fair for
September 16 to meet and assess applicants, with its news release
specifying a preference for those having previous customer service
experience and strong computer knowledge. Nashville-based Sitel,
a privately held firm majority owned by Canadian company Onex
Corporation, has more than 140 customer centers across the globe.
University of New Mexico Hospital plans to open a $5 million,
17,000-square-foot medical clinic in Albuquerque’s North Valley
within two years. The clinic, expected to be UNMH’s largest
primary-care facility, will offer a full range of medical care, employing
25 to 30 staff members, including five or six medical practitioners
who may be physicians, physician assistants, or nurse practitioners.
The City of Albuquerque and UNM announced a land swap giving
UNM ownership of the 2.1-acre clinic site on North Fourth Street
between Matthew and Mildred, south of Candelaria. In exchange,
Albuquerque will receive 1.3 acres near Gibson and University,
where city officials plan to build a fire station.
Rio Rancho Area, Sandoval County:
Two new hospitals are scheduled to open in Rio Rancho within the
next ten months, and recruitment efforts to add the required workers
are proceeding. Presbyterian Healthcare Services’ Rust Medical
Center at Unser and Black Arroyo is scheduled to open October 22,
while UNM Medical Group’s Sandoval County Regional Medical
Center has set its planned opening for June 2012. National shortages
of specialist physicians and nurses have created hiring challenges, but
recruiters for the two facilities say they are confident they will meet
their staffing goals. Sandoval Regional Medical Center is expected
to employ 350 and Rust Medical Center about 485.
The building that formerly housed J.C. Penney’s call center in Rio
Rancho did not stay vacant for long after operations ceased in June.
Local Planet Fitness franchisee Rick Glassman signed a contract to
buy the building and plans to reopen it as a gym around Thanksgiving.
He said the facility will have between 15 and 20 employees. The
Rio Rancho location will be the seventh in the Albuquerque area
for franchise, which opened its first area gym in 2008. Glassman
plans to expand to ten gyms in the metro area and is also looking at
potential sites in Santa Fe.
Carlsbad Area, Eddy County:
Washington TRU Solutions, which manages and operates the Waste
Isolation Pilot Plant near Carlsbad, announced plans for a second
phase of workforce restructuring that is expected to eliminate about
65 positions. The first phase occurred earlier this year when 51
workers accepted a voluntary layoff option. The plant opened in 1999
and is the final disposal location for more than 6 million cubic feet
of stored and newly generated transuranic waste from sites around
the country. Washington TRU Solutions runs the repository for the
U.S. Department of Energy and currently has 664 employees. The
restructuring plan was prompted by the end of stimulus funding
on September 30 and projections that peg next year’s budget at
the lowest level in eight years. The cuts are also expected to impact
subcontract personnel.
Lovington Area, Lea County:
Lea County Electric Cooperative’s new $50 million gas-fired
power plant east of Lovington is nearing completion and should be
operating by January. Gary Hurse, LCEC executive director, said
the 40-megawatt plant should begin emission and load performance
testing next month and be ready by the time Excel Energy raises
rates for New Mexico customers on January 1. The new plant is
expected to reduce the cost increase to customers by 20 percent.
LCEC plans to completely transition off Excel’s system over the
next five years and is continuing work on a wind farm scheduled for
completion in summer 2012 that will complement the new power
Hobbs Area, Lea County:
Joule Unlimited Inc. is set to begin construction of a biomass fuel
project on 1,200 acres of leased land near Hobbs. The company will
use a specially engineered microorganism to process sunlight and
waste carbon dioxide to produce renewable diesel and ethanol. Joule
expects to deliver diesel for as little as $20 a barrel and ethanol for
as little as 60 cents a gallon. Job openings for higher-end positions,
including lead engineer; process engineer; bioprocess engineer;
plant technician; metrologist; environmental health and safety lead;
maintenance, repair, and facilities lead; and supply chain director, are
posted on Joule’s website at http://www.jouleunlimited.com/careers.
Northern Workforce Investment Area
Española Area, Rio Arriba County:
The Ohkay Casino laid off 15 workers and instituted cuts that affected
the benefits, working hours, and positions of about one-third of its
300-person workforce. According to Ohkay Owingeh Governor
Ron Lovato, the firings and restructuring were performance-based,
with no distinction made between non-native and native employees.
He said falling and flat-lining revenues were to blame for the second
round of reshuffling in the past three years. Lovato explained that
the operation’s revenues had been rising until about 2007, when
they began falling because of increased competition and the lagging
Sandia Productions began principal photography in September for
the dramatic thriller “Blaze You Out,” which was expected to film for
four weeks in Rio Arriba County, employing 80 crew members and
more than 100 principal and background talent. “Blaze You Out”
stars Veronica Diaz-Carranza, Melissa Cordero, Q’orianka Kilcher,
Elizabeth Peña, Mark Adair-Rios, Raoul Trujillo, and Jeremy Ray
Valdez. According to its website, the film “tells the story of Lupe, an
aspiring DJ, and her little sister Alicia, two young women struggling
to make a living in the Esperanza Valley, a community that has been
suffocated by generations of heroin use.”
Upper Fruitland Area, San Juan County:
The Northern Edge Casino scheduled a job fair for September 23 to
begin filling positions in advance of its planned early 2012 opening.
The 85,000-square-foot, $66 million facility, located along Navajo
Route 36 on Farmington’s southwest edge, is expected to create
400 jobs. Northern Edge, the third Navajo casino in northwestern
New Mexico, was preceded by Fire Rock Casino, which opened in
November 2008 in Church Rock (near Gallup), and Flowing Water
Navajo Casino, which opened in October 2010 in Hogback (near
Shiprock).
Southwestern Workforce Investment Area
Silver City Area, Grant County:
A crowd of more than 50 people, including state and local politicians
and community members, attended the recent groundbreaking on
Pope Street in downtown Silver City for a new 29,000-square-foot,
state-of-the-art Hidalgo Medical Services health facility. The $9.5
million facility will offer dental, medical, mental health, and family
services and will serve as a teaching facility for dental and medical
residents. The new facility will replace HMS’ Med Square clinic and
is expected to be completed by August 2012.
Las Cruces Area, Doña Ana County:
San Diego-based Sapphire Energy has for the past four years
built, expanded, and operated a research and development facility
at the West Mesa Industrial Park in Las Cruces and now employs
more than 50 people at the site—many of whom are New Mexico
State University and Doña Ana Community College graduates.
The company works to commercialize “green crude,” a renewable
petroleum product produced from algae, sunlight, and carbon
dioxide. The Las Cruces facility serves as a testing and development
center, operating plot farms. Sapphire is constructing another site
in Columbus, New Mexico, that is expected to open in spring or
summer 2012 with 100 acres before growing to over 300 acres upon
final completion in 2015. The Columbus operation is expected to
produce 100 million gallons of diesel fuel per year.
Pro’s Ranch Market’s scheduled a job fair for September 27-30 to
begin staffing its soon-to-be open Las Cruces store. The California-based
supermarket chain announced plans to hire 300 full- and part-time
team members. The Mexican-style grocery store will have an
extensive produce section, a tortilleria, and a wide range of general
grocery items. The Las Cruces store will be the second Pro’s Ranch
Market location in New Mexico (the first opened in Albuquerque
in June 2008) and tenth store in its three-state range, with seven in
Arizona and one in Texas.
Private sector gross job gains and gross job losses, seasonally adjusted
March 2000 - December 2010
Gross job gains Gross job losses
Note: Shaded a rea represents NBER defined recession period.
New Mexico recorded a private sector employment gain of 3,100
jobs or 0.5 percent for the fourth quarter 2010, according to the
seasonally adjusted Business Employment Dynamics (BED) data
released by the Bureau of Labor Statistics (BLS). This increase
followed employment losses for both the second quarter (down
161 jobs or 0.0 percent) and third quarter (down 1,689 jobs or 0.3
percent). The state posted a minimal first quarter 2010 net gain of
82 jobs or 0.0 percent that was nevertheless significant as the first
positive employment growth in two full years.
BED data track changes in employment at private business units
from the third month of one quarter to the third month of the next.
Gross job gains are increases in employment from expanding and new
establishments, while gross job losses are decreases in employment
from contracting and closing establishments. The difference between
jobs gained and lost is the net change in employment.
New Mexico’s fourth quarter net employment increase of 3,100 jobs
resulted from December gross job gains of 40,319 and gross job
losses of 37,219. Both figures represented improvement from the
third quarter, when September gross job gains and gross job losses
totaled 38,901 and 40,590, respectively. The fourth quarter gain
comprised increases of 32,144 jobs from expanding establishments
and 8,175 jobs from opening establishments. Gross losses consisted
Business Employment Dynamics-Fourth Quarter 2010
Michelle Doran, Economist
New Mexico Gross Job Gain/Loss
Levels1 3 Months Ended
Dec. 2009 Mar. 2010 Jun. 2010 Sep. 2010 Dec. 2010
Net Employment Change -4834 82 -161 -1689 3100
Gross Job Gains 37,662 37,821 40,218 38,901 40,319
Expanding Establishments 29,684 30,908 32,016 31,300 32,144
Opening Establishments 7,978 6,913 8,202 7,601 8,175
Gross Job Losses 42,496 37,739 40,379 40,590 37,219
Contracting Establishments 35,212 31,253 33,148 32,414 29,180
Closing Establishments 7,284 6,486 7,231 8,176 8,039
Rates2 3 Months Ended
Net Employment Change -0.8 0.0 0.0 -0.3 0.5
Gross Job Gains 6.3 6.4 6.8 6.6 6.8
Expanding Establishments 5.0 5.2 5.4 5.3 5.4
Opening Establishments 1.3 1.2 1.4 1.3 1.4
Gross Job Losses 7.1 6.4 6.8 6.9 6.3
Contracting Establishments 5.9 5.3 5.6 5.5 4.9
Closing Establishments 1.2 1.1 1.2 1.4 1.4
of 29,180 jobs from contracting establishments and 8,039 jobs from
closing establishments.
Business births, a subset of openings not including reopening of
seasonal businesses, increased to 1,327 for the fourth quarter 2010,
up from 1,218 for the third quarter. These new establishments created
4,550 jobs for the fourth quarter 2010, representing 0.8 percent of
total private employment. Business deaths, a subset of closings not
including temporary shutdowns of seasonal businesses, increased to
1,349 for the first quarter 2010 (the most recent quarter available
since the definition of business death requires four quarters of data
for measurement), up from 1,261 for the fourth quarter 2009. Jobs
lost from business deaths equaled 3,781, representing 0.6 percent
of total private employment.
BED data are available on the BLS website at http://www.bls.gov/
bed/ and on the New Mexico Department of Workforce Solutions
website at http://www.dws.state.nm.us/LMI/dws-data.html. State
BED data include seasonally and not seasonally adjusted data,
number of establishments by direction of employment change, and
establishment birth and death data. National BED data include job
gains and losses by firm size, age of establishment, and 3-digit major
industry sector. The BLS in 2012 will, for the first time, publish
BED industry data (at the 2-digit industry sector level) for States.
1 Table 1. Private sector gross job gains and job losses, seasonally adjusted. (http://www.bls.gov/web/cewbd/nm_table1.txt)
2 Table 3. Private sector gross job gains and losses as a percent of total employment, seasonally adjusted. (http://www.bls.gov/web/cewbd/nm_table3.txt)
Workforce Information Tip
How can I construct a time series of employment
and unemployment for Santa Fe County?
1. Start at http://laser.state.nm.us/.
2. Click on LAUS (right side of the home page), or click on Employment and Wage Data (left side), Labor Force Data,
and Labor Force Employment and Unemployment (LAUS).
3. In Step 1, use the pull-down menu to change the area type to County. The other choices are United States, New Mexico,
MSA 2000, and Local Workforce Investment Area. Put a check mark in the box next to Santa Fe County, NM, and click
on Select.
4. In Step 2, select Annual or Monthly from the pull-down list, depending on which time series you are interested in. (The
accompanying results were generated by selecting Monthly.)
5. In the resulting box, choose the desired month(s) or year(s), and click on Search. (The accompanying results were gen-erated
by selecting August 2011.)
6. LASER will then display civilian labor force, employment, unemployment, and the unemployment rate estimates for
the time period(s) selected. Click on Time in the report column to show both five- and ten-year annual averages and a
24-month comparison for the desired period.
Thanksgiving Day: Nov. 24, 2011
In the fall of 1621, the Pilgrims, early settlers of Plymouth Colony, held a three-day feast to celebrate a bountiful harvest, an event many
regard as the nation’s first Thanksgiving. Historians have also recorded ceremonies of thanks among other groups of European settlers
in North America, including British colonists in Virginia in 1619. The legacy of thanks and the feast have survived the centuries, as the
event became a national holiday in 1863 when President Abraham Lincoln proclaimed the last Thursday of November as a national day
of thanksgiving. Later, President Franklin Roosevelt clarified that Thanksgiving should always be celebrated on the fourth Thursday of
the month to encourage earlier holiday shopping, never on the occasional fifth Thursday.
The number of turkeys expected to be raised in the United States in 2011. That’s up 2 percent from the number raised
during 2010. The turkeys produced in 2010 together weighed 7.11 billion pounds and were valued at $4.37 billion.
Source: USDA National Agricultural Statistics Service.
The preliminary estimate of turkeys Minnesota is expected to raise in 2011. The Gopher State was tops in turkey production,
followed by North Carolina (30.0 million), Arkansas (30.0 million), Missouri (18.0 million), Virginia (17.5 million)
and Indiana (16.0 million). These six states together account for about two-thirds of U.S. turkeys produced in 2011.
750 million pounds
The forecast for U.S. cranberry production in 2011. Wisconsin is expected to lead all states in the production
of cranberries, with 430 million pounds, followed by Massachusetts (210 million). New Jersey, Oregon and
Washington are also expected to have substantial production, ranging from 17 million to 54 million pounds.
2.4 billion pounds
The total weight of sweet potatoes — another popular Thanksgiving side dish — produced by major sweet potato producing states in
2010. North Carolina (972 million pounds) produced more sweet potatoes than any other state. Source: USDA National Agricultural
Statistics Service.
Total production of pumpkins in the major pumpkin-producing states in 2010. Illinois led the country by producing 427 million
pounds of the vined orange gourd. Pumpkin patches in California, New York and Ohio also provided lots of pumpkins: Each state
produced at least 100 million pounds. The value of all pumpkins produced by major pumpkin-producing states was $117 million.
If you prefer cherry pie, you will be pleased to learn that the nation’s forecasted tart cherry production for 2011 totals 266.1 million pounds, up
40 percent from the 2010 production. Of this 2011 total, the overwhelming majority (210.0 million pounds) will be produced in Michigan.
Source: USDA National Agricultural Statistics Service,.
2.01 billion bushels
The total volume of wheat — the essential ingredient of bread, rolls and pie crust — produced in the United States
in 2011. Kansas, Montana and North Dakota accounted for about 33 percent of the nation’s wheat production.
The value of U.S. imports of live turkeys from January through July of 2011 -- 99.7 percent from Canada. When it comes to
sweet potatoes, the Dominican Republic was the source of 60.1 percent ($3.2 million) of total imports ($5.3 million). The United
States ran a $3.6 million trade deficit in live turkeys during the period but had a surplus of $41.7 million in sweet potatoes.
Source: U.S. Census Bureau, Foreign Trade Statistics.
The quantity of turkey consumed by the typical American in 2009, with no doubt a hearty helping devoured at Thanksgiving time. Per
capita sweet potato consumption was 5.3 pounds.
Source: U.S. Department of Agriculture as cited in the Statistical Abstract of the United States: 2012, Tables 217 and 218.
Facts for Features and Special Editions consist of collections of
statistics from the Census Bureau’s demographic and economic
subject areas intended to commemorate anniversaries or
observances or to provide background information for topics in
the news. For additional Facts for Features & Special Editions
from the U.S. Census Bureau, visit www.census.gov and click on
“Facts for Features” in the “Newroom” section.
New Mexico’s Civilian Labor Force
Suzan Reagan, LMI Webmaster
Tracy Shaleen, Economist
New Mexico’s seasonally adjusted unemployment rate fell sharply
over three months in early 2011, from a peak of 8.7 percent
for both January and February to 6.9 percent in May, before
gradually settling to a more than two-year low of 6.6 percent for
both August and September. This article examines New Mexico’s
labor force participation and unemployment rates to highlight
recent movements in and provide historical context for the state’s
decreased civilian labor force numbers.
Long-run changes in the labor force participation rate (the
civilian labor force as a percentage of the civilian noninstitutional
population) are driven by structural factors, such as demographics
(e.g., the age distribution of the population) and culture (e.g., the
percentage of women in the labor force). New Mexico’s labor force
participation rate moved within a fairly narrow range for more than
two decades, remaining between 62.7 percent and 64.0 percent
from late 1984 through early 2009 (see Chart 1). This interval of
relative stability followed a period of generally steady growth in
the labor force participation rate, from the beginning of the series
in 1976 through the mid-1980s, which resulted primarily from the
influx of women to the labor force. The gradual, sustained growth
in the labor force participation rate during this period contrasts
sharply with the sudden, sharp drops that occurred during 2009
Short-run changes in the labor force participation rate are
prompted by cyclical factors, primarily the demand for labor
associated with economic expansions and contractions. Effects of
the Great Recession, which officially lasted from December 2007
to June 2009, are evident in the rapid unemployment rate increases
from late 2007 through early 2011 (see Chart 1), when joblessness
quickly climbed from a series low 3.4 percent to a more than 23-
year high 8.7 percent. New Mexico’s labor force participation rate
declined sharply for part of that period, from 63.7 percent in mid-
2008 to 61.9 percent at close of 2009, before gradually ranging
between 61.9 percent and 62.3 percent during 2010.
The precipitous declines in both the unemployment rate and the
labor force participation rate in 2011 were very different from
the opposite-direction movements exhibited by the two series for
parts of 2008 and 2009. During the earlier period, the number of
employed persons decreased more than the number of unemployed
Chart 1. New Mexico's Labor Force Participation and Unemployment Rates, 1976-2011
Notes : Data are seasonally adjusted. Shaded a reas denote recessions.
persons increased, thereby reducing the size of the civilian labor
force. Through September, the number of employed persons during
2011 was little changed; therefore, the dramatic contraction in
the size of the civilian labor force was solely due to a steep dip in
the number of unemployed persons. The abruptness of the recent
declines may have resulted from a time lag between the actual
onset of the labor force exodus and the point at which it was
first reflected in the household survey data. In any case, eventual
improvement in employment prospects will entice job seekers back
into the labor force, potentially pushing the unemployment rate
higher once again in the short run.
As illustrated in Chart 2, small changes in the labor force
participation rate can produce large differences in the unemployment
rate. The chart provides the actual pre- through post-recession
unemployment rates for New Mexico and the United States, along
with projected rates derived by holding the labor force participation
rate at pre-recession levels of 63 percent for New Mexico and 66
percent for the United States. On a projected basis, New Mexico’s
unemployment rate exceeded 11 percent for the three most recent
months (July through September) and, at 11.4 percent, was just 0.2
point below the projected U.S. rate of 11.6 percent for September.
The difference in the actual rates for September was much larger,
with the national rate, at 9.1 percent, exceeding the New Mexico
rate, at 6.6 percent, by 2.5 points.
Chart 2: New Mexico and United States Unemployment Rates, 2007-2011
NM Actual NM at 63% LFP
US Actual US at 66% LFP
Notes : Data are seasonally adjusted. Shaded a rea denotes recession.
Data for this article were obtained from the Bureau of Labor
Statistics at http://www.bls.gov/lau/ststdsadata.txt (for state-level
estimates) and http://data.bls.gov/pdq/querytool.jsp?survey=ln
(for national estimates). Additional labor force data on those
individuals not included in the official unemployment estimates,
along with definitions and methodological notes, are available at
the Alternative Measures to Labor Underutilization for States
home page (see U-4 and U-5 estimates), published by the BLS
on a four-quarter moving-average basis at http://www.bls.gov/lau/
stalt.htm.
NM Occupational Shortages & Surpluses The following designations are based on posted job orders & resumes entered in the NM Workforce Connection System (www.jobs.state.nm.us) by occupation in the last
30 days (September 2011).
Advertising Sales Agents Accountants Hotel, Motel, & Resort Desk Clerks
Computer Programmers Admin Services Mngrs Human Resources Assistants
Healthcare Support Workers Bill & Account Collectors Janitors & Cleaners
Industrial Machinery Mechanics Bookkeeping, Accounting, & Auditing Clerks Landscaping & Groundskeeping Workers
Installation, Maintenance, & Repair Workers Computer Support Specialists Medical Assistants
Internists Cooks, Restaurant Office & Admin Support Workers
Occupational Therapists Customer Service Representatives Receptionists & Information Clerks
Personal & Home Care Aides Driver/Sales Workers Secretaries, Except Legal, Medical, & Executive
Registered Nurses Executive Secretaries & Admin Assistants Security Guards
Service Unit Operators, Oil, Gas, & Mining 1st-Line Sup/Mngrs of Office & Admin Support Stock Clerks-Stockroom, Warehouse, or Storage
Computer Programmers Admin Services Mngrs Maintenance & Repair Workers
Nuclear Medicine Technologists Bookkeeping, Accounting, & Auditing Clerks Medical Assistants
Occupational Therapist Assistants Cashiers Office Clerks
Occupational Therapists Computer Support Specialists Receptionists & Information Clerks
Radiologic Technologists Cooks, Institution & Cafeteria Retail Salespersons
Registered Nurses Customer Service Representatives Security Guards
Truck Drivers, Heavy & Tractor-Trailer Executive Secretaries & Admin Assistants Teacher Assistants
1st-Line Sup/Mngrs of Retail Sales Workers Tellers
Construction Carpenters Bookkeeping, Accounting, & Auditing Clerks Marking Clerks
Construction Laborers Cashiers Production Workers
Internists Community & Social Service Specialists Receptionists & Information Clerks
Stock Clerks-Stockroom, Warehouse, or Storage Yard Customer Service Representatives
Truck Drivers, Heavy & Tractor-Trailer Executive Secretaries & Admin Assistants
1st-Line Sup/Mngrs of Retail Sales Workers
1st-Line Sup/Mngrs of Non-Retail Sales Workers Customer Service Representatives
Laborers & Freight, Stock, & Material Movers, Hand Data Entry Keyers
Executive Secretaries & Admin Assistants
Retail Salespersons Executive Secretaries & Admin Assistants
*Occupational Rollover Statistics is an indicator of occupational activity with both numerous job orders & resumes in NM Workforce Connection.
Occupational Rollover Statistics*
Farmington MSA Farmington MSA
Shortages Surpluses
Statewide Summary Statewide Summary
Santa Fe MSA Santa Fe MSA
Albuquerque MSA Albuquerque MSA
Las Cruces MSA Las Cruces MSA
Management of Companies a nd
Agri cul ture, Forestry, Fishing &
Uti l ities
es tablishments
Warehousing (48 & 49)
Arts , Entertainment, and Recreation
Other Services (except Public
Admin.)
Publ ic Administration
Accommodation a nd Food Services
Profes sional,
Admin., Support, Waste
Mgmt, Remediation
Retail Trade (44 & 45)
Posted Job Openings by Industry
Quick Reference and Fast Facts New Mexico – Seasonally Adjusted Labor
Force, Employment, Unemployment &
Total Nonfarm Employment Growth
Rankings New Mexico and United States
September September %
State Rank 2010 2011 Change Change
North Dakota 1 382.6 401.7 19.1 5.0%
Wyoming 2 290.9 299.5 8.6 3.0%
Oklahoma 2 1,525.9 1,571.0 45.1 3.0%
Utah 4 1,192.7 1,225.5 32.8 2.8%
Texas 5 10,364.5 10,613.2 248.7 2.4%
Louisiana 6 1,883.3 1,924.6 41.3 2.2%
Arizona 6 2,363.5 2,415.1 51.6 2.2%
Vermont 6 299.2 305.7 6.5 2.2%
Nebraska 9 941.3 960.4 19.1 2.0%
California 10 13,865.5 14,099.2 233.7 1.7%
Montana 11 434.7 441.7 7.0 1.6%
Massachusetts 12 3,204.9 3,254.4 49.5 1.5%
Oregon 12 1,605.6 1,629.6 24.0 1.5%
Washington 12 2,788.4 2,829.1 40.7 1.5%
Hawaii 15 584.4 592.6 8.2 1.4%
Michigan 16 3,909.1 3,958.5 49.4 1.3%
United States 130,090.0 131,552.0 1,462.0 1.1%
Ohio 17 5,068.7 5,125.5 56.8 1.1%
Kentucky 17 1,780.5 1,800.1 19.6 1.1%
Alaska 17 339.2 342.9 3.7 1.1%
Florida 17 7,135.8 7,213.0 77.2 1.1%
Minnesota 17 2,652.8 2,680.9 28.1 1.1%
New York 17 8,554.6 8,645.0 90.4 1.1%
Idaho 23 610.9 617.2 6.3 1.0%
Iowa 23 1,473.5 1,488.6 15.1 1.0%
Tennessee 23 2,633.3 2,658.6 25.3 1.0%
Colorado 23 2,228.3 2,249.7 21.4 1.0%
Maine 27 602.2 607.8 5.6 0.9%
New Hampshire 28 628.8 634.1 5.3 0.8%
Illinois 28 5,655.1 5,702.3 47.2 0.8%
Wisconsin 28 2,755.9 2,777.4 21.5 0.8%
Pennsylvania 31 5,645.6 5,686.9 41.3 0.7%
Arkansas 31 1,170.1 1,178.0 7.9 0.7%
South Carolina 31 1,807.2 1,819.1 11.9 0.7%
Nevada 34 1,115.0 1,122.0 7.0 0.6%
South Dakota 34 407.9 410.3 2.4 0.6%
Mississippi 36 1,092.1 1,097.6 5.5 0.5%
Maryland 37 2,526.4 2,537.4 11.0 0.4%
Connecticut 37 1,616.3 1,622.7 6.4 0.4%
Kansas 37 1,323.4 1,328.6 5.2 0.4%
New Jersey 37 3,851.3 3,865.7 14.4 0.4%
West Virginia 41 753.1 755.6 2.5 0.3%
New Mexico 42 804.9 806.6 1.7 0.2%
Virginia 42 3,640.5 3,646.7 6.2 0.2%
District of Columbia 44 709.6 710.5 0.9 0.1%
North Carolina 44 3,885.4 3,890.2 4.8 0.1%
Rhode Island 44 464.5 464.8 0.3 0.1%
Indiana 47 2,823.9 2,825.2 1.3 0.0%
Alabama 47 1,871.1 1,870.9 -0.2 0.0%
Missouri 49 2,666.9 2,662.4 -4.5 -0.2%
Georgia 50 3,824.2 3,793.2 -31.0 -0.8%
Delaware 51 418.0 412.6 -5.4 -1.3%
Employment numbers are not seasonally adjusted.
Employment numbers are in thousands.
Civilian Un- Unadj.
Labor Employ- employ- Rate Rate
Force ment ment % %
1990 711,891 663,698 48,193 6.8%
1991 719,243 667,698 51,545 7.2%
1992 735,447 680,463 54,984 7.5%
1993 755,053 700,258 54,795 7.3%
1994 776,827 725,387 51,440 6.6%
1995 798,621 744,557 54,064 6.8%
1996 812,862 751,826 61,036 7.5%
1997 822,627 768,596 54,031 6.6%
1998 835,879 783,661 52,218 6.2%
1999 839,988 793,052 46,936 5.6%
2000 852,293 810,024 42,269 5.0%
2001 863,682 821,003 42,679 4.9%
2002 871,512 823,191 48,321 5.5%
2003 888,468 835,835 52,633 5.9%
2004 901,833 849,970 51,863 5.8%
2005 913,453 866,349 47,104 5.2%
2006 924,516 886,708 37,808 4.1%
2007 933,616 901,704 31,912 3.4%
2008 952,217 909,809 42,408 4.5%
2009 942,273 876,218 66,055 7.0%
2010 JAN 946,360 869,464 76,896 8.1% 8.3%
FEB 949,344 871,702 77,642 8.2% 8.5%
MAR 951,919 873,638 78,281 8.2% 8.4%
APR 953,519 874,626 78,893 8.3% 8.1%
MAY 954,066 874,589 79,477 8.3% 8.2%
JUN 953,926 873,890 80,036 8.4% 8.8%
JUL 953,605 873,011 80,594 8.5% 9.0%
AUG 953,727 872,597 81,130 8.5% 8.7%
SEP 954,325 872,719 81,606 8.6% 8.2%
OCT 955,118 873,107 82,011 8.6% 8.2%
NOV 955,788 873,432 82,356 8.6% 8.4%
DEC 956,479 873,840 82,639 8.6% 8.2%
2011 JAN 955,756 872,952 82,804 8.7% 8.8%
FEB 955,544 872,765 82,779 8.7% 8.8%
MAR 951,595 874,075 77,520 8.1% 7.4%
APR 948,752 877,119 71,633 7.6% 6.9%
MAY 944,252 878,765 65,487 6.9% 6.5%
JUN 938,271 874,325 63,946 6.8% 7.8%
JUL 932,594 870,148 62,446 6.7% 7.2%
AUG 929,783 868,389 61,394 6.6% 6.6%
SEP 930,725 869,169 61,556 6.6% 6.4%
# CHANGE FROM
Month Ago 942 780 162 0.0% -0.2%
Year Ago -23,600 -3,550 -20,050 -2.0% -1.8%
2 Yrs. Ago -10,190 65 -10,255 -1.0% -0.9%
3 Yrs. Ago -26,331 -40,742 14,411 1.7% 1.8%
Month Ago 0.1% 0.1% 0.3%
Year Ago -2.5% -0.4% -24.6%
2 Yrs. Ago -1.1% 0.0% -14.3%
3 Yrs. Ago -2.8% -4.5% 30.6%
New Mexico Labor Force Estimates – Not Seasonally Adjusted
Unemployment Rates in New Mexico - Not Seasonally Adjusted
New Mexico Nonagricultural Wage and Salary
Annual Growth Rates by Industry
State Rank Rate State Rank Rate
Nevada 1 13.4 Nevada 1 14.9
California 2 11.9 California 2 12.5
District of Columbia 3 11.1 Michigan 3 11.9
Michigan 3 11.1 Florida 4 11.7
South Carolina 5 11.0 Rhode Island 5 11.5
Florida 6 10.6 South Carolina 6 10.9
Mississippi 6 10.6 Oregon 7 10.7
North Carolina 8 10.5 Georgia 8 10.2
Rhode Island 8 10.5 Kentucky 8 10.2
Georgia 10 10.3 Mississippi 10 10.1
Illinois 11 10.0 North Carolina 11 10.0
Alabama 12 9.8 Indiana 12 9.9
Tennessee 12 9.8 Arizona 13 9.8
Kentucky 14 9.7 Illinois 13 9.8
Oregon 15 9.6 Ohio 13 9.8
New Jersey 16 9.2 District of Columbia 16 9.7
Arizona 17 9.1 Missouri 17 9.6
Ohio 17 9.1 United States 9.6
United States 9.1 Idaho 18 9.5
Washington 17 9.1 Tennessee 19 9.4
Idaho 20 9.0 Washington 19 9.4
Connecticut 21 8.9 New Jersey 21 9.3
Indiana 21 8.9 West Virginia 21 9.3
Missouri 23 8.7 Alabama 23 9.1
Texas 24 8.5 Connecticut 23 9.1
Arkansas 25 8.3 Colorado 25 8.8
Colorado 25 8.3 New Mexico 26 8.6
Pennsylvania 25 8.3 Pennsylvania 27 8.5
West Virginia 28 8.2 New York 28 8.4
Delaware 29 8.1 Delaware 29 8.3
New York 30 8.0 Massachusetts 29 8.3
Wisconsin 31 7.8 Texas 31 8.2
Montana 32 7.7 Alaska 32 7.9
Alaska 33 7.6 Wisconsin 32 7.9
Maine 34 7.5 Arkansas 34 7.8
Maryland 35 7.4 Louisiana 35 7.7
Utah 35 7.4 Maine 36 7.6
Massachusetts 37 7.3 Utah 36 7.6
Louisiana 38 6.9 Maryland 38 7.4
Minnesota 38 6.9 Montana 39 7.3
Kansas 40 6.7 Minnesota 40 7.1
New Mexico 41 6.6 Kansas 41 7.0
Virginia 42 6.5 Oklahoma 42 6.9
Hawaii 43 6.4 Virginia 43 6.7
Iowa 44 6.0 Wyoming 43 6.7
Oklahoma 45 5.9 Hawaii 45 6.5
Vermont 46 5.8 Iowa 46 6.2
Wyoming 46 5.8 Vermont 47 5.9
New Hampshire 48 5.4 New Hampshire 48 5.8
South Dakota 49 4.6 South Dakota 49 4.6
Nebraska 50 4.2 Nebraska 50 4.5
North Dakota 51 3.5 North Dakota 51 3.9
September 2011 September 2010
5% Manufacturing
Trans, Warehousing
& Utilities 3%
Prof & Bus. Services
Trans, Warehousing & Utilities
Nonagricultural Wage and Salary Employment
Preliminary Revised Revised Change
Sep-11 Aug-11 Sep-10 Monthly Yearly
TOTAL NONAGRICULTURAL EMPLOYMENT 806,600 804,800 804,900 1,800 1,700
GOODS PRODUCING 90,400 91,800 93,100 -1,400 -2,700
SERVICE PROVIDING 716,200 713,000 711,800 3,200 4,400
MINING & LOGGING 20,400 20,500 18,700 -100 1,700
CONSTRUCTION 40,300 41,700 44,600 -1,400 -4,300
MANUFACTURING 29,700 29,600 29,800 100 -100
WHOLESALE TRADE 23,500 23,700 21,900 -200 1,600
RETAIL TRADE 93,400 94,500 89,400 -1,100 4,000
TRANSPORTATION, WAREHOUSING & UTILITIES 22,000 21,700 21,700 300 300
INFORMATION 14,000 13,700 14,200 300 -200
FINANCIAL ACTIVITIES 34,400 35,000 32,500 -600 1,900
PROFESSIONAL & BUSINESS SERVICES 93,100 94,700 100,500 -1,600 -7,400
EDUCATIONAL & HEALTH SERVICES 126,100 124,300 120,600 1,800 5,500
LEISURE & HOSPITALITY 85,400 86,500 85,000 -1,100 400
OTHER SERVICES 28,100 29,900 27,900 -1,800 200
GOVERNMENT 196,200 189,000 198,100 7,200 -1,900
Federal Government 33,300 33,700 32,900 -400 400
State Government 59,200 55,200 59,200 4,000 0
State Government Education 25,000 21,800 27,600 3,200 -2,600
Local Government 103,700 100,100 106,000 3,600 -2,300
Local Government Education 54,500 50,000 57,100 4,500 -2,600
TOTAL NONAGRICULTURAL EMPLOYMENT 369,800 368,100 372,000 1,700 -2,200
GOODS PRODUCING 36,600 37,500 39,300 -900 -2,700
SERVICE PROVIDING 333,200 330,600 332,700 2,600 500
MINING, LOGGING & CONSTRUCTION 19,100 20,000 21,800 -900 -2,700
MANUFACTURING 17,500 17,500 17,500 0 0
WHOLESALE TRADE 12,400 12,400 12,300 0 100
RETAIL TRADE 41,000 41,100 40,500 -100 500
TRANSPORTATION, WAREHOUSING & UTILITIES 9,000 8,800 9,400 200 -400
INFORMATION 8,100 8,100 8,200 0 -100
FINANCIAL ACTIVITIES 17,300 17,400 17,700 -100 -400
PROFESSIONAL & BUSINESS SERVICES 56,000 57,100 56,600 -1,100 -600
EDUCATIONAL AND HEALTH SERVICES 55,800 53,500 54,800 2,300 1,000
LEISURE AND HOSPITALITY 39,000 39,800 37,700 -800 1,300
OTHER SERVICES 11,700 11,900 11,700 -200 0
GOVERNMENT 82,900 80,500 83,800 2,400 -900
Federal Government 15,600 15,800 15,500 -200 100
State Government 26,500 24,800 26,500 1,700 0
Local Government 40,800 39,900 41,800 900 -1,000
TOTAL NONAGRICULTURAL EMPLOYMENT 69,200 68,400 69,400 800 -200
GOODS PRODUCING 6,300 6,400 6,500 -100 -200
SERVICE PROVIDING 62,900 62,000 62,900 900 0
MINING, LOGGING & CONSTRUCTION 3,700 3,800 3,700 -100 0
MANUFACTURING 2,600 2,600 2,800 0 -200
WHOLESALE TRADE 1,300 1,400 1,200 -100 100
RETAIL TRADE 7,100 7,200 6,900 -100 200
TRANSPORTATION, WAREHOUSING & UTILITIES 1,700 1,600 1,700 100 0
INFORMATION 800 800 800 0 0
FINANCIAL ACTIVITIES 2,400 2,400 2,300 0 100
PROFESSIONAL & BUSINESS SERVICES 7,600 7,700 7,600 -100 0
EDUCATIONAL & HEALTH SERVICES 12,100 12,000 11,900 100 200
LEISURE & HOSPITALITY 7,200 7,100 7,100 100 100
OTHER SERVICES 1,600 1,600 1,600 0 0
GOVERNMENT 21,100 20,200 21,800 900 -700
Federal 3,900 4,000 4,200 -100 -300
State 8,600 7,900 8,800 700 -200
Local 8,600 8,300 8,800 300 -200
TOTAL NONAGRICULTURAL EMPLOYMENT 61,000 61,300 60,800 -300 200
GOODS PRODUCING 3,600 3,700 3,900 -100 -300
SERVICE PROVIDING 57,400 57,600 56,900 -200 500
MINING, LOGGING & CONSTRUCTION 2,800 2,900 3,100 -100 -300
MANUFACTURING 800 800 800 0 0
WHOLESALE TRADE 1,000 1,000 1,000 0 0
RETAIL TRADE 8,800 8,800 8,500 0 300
TRANSPORTATION, WAREHOUSING & UTILITIES 700 700 700 0 0
INFORMATION 900 900 800 0 100
FINANCIAL ACTIVITIES 2,700 2,700 2,600 0 100
PROFESSIONAL & BUSINESS SERVICES 4,400 4,400 4,400 0 0
EDUCATIONAL & HEALTH SERVICES 10,700 10,200 10,300 500 400
LEISURE & HOSPITALITY 9,300 9,600 9,100 -300 200
OTHER SERVICES 2,800 3,200 2,900 -400 -100
GOVERNMENT 16,100 16,100 16,600 0 -500
Federal 1,000 1,000 1,100 0 -100
State 8,100 8,200 8,300 -100 -200
Local 7,000 6,900 7,200 100 -200
TOTAL NONAGRICULTURAL EMPLOYMENT 49,100 48,600 48,200 500 900
TOTAL PRIVATE 37,200 38,000 36,900 -800 300
GOODS PRODUCING 10,500 10,600 10,400 -100 100
SERVICE PROVIDING 38,600 38,000 37,800 600 800
PRIVATE SERVICE PROVIDING 26,700 27,400 26,500 -700 200
GOVERNMENT 11,900 10,600 11,300 1,300 600
Federal 1,800 1,700 1,700 100 100
State 500 500 500 0 0
Local 9,600 8,400 9,100 1,200 500
Nonagricultural Wage and Salary Employment - Seasonally Adjusted
Average Hours and Earnings
(Prepared in cooperation with the U.S. Department of Labor)
* Total includes the Information sector, which is not seasonally adjusted.
Preliminary Revised Monthly
NEW MEXICO Sep-11 Aug-11 Change
TOTAL NONAGRICULTURAL EMPLOYMENT* 801,400 807,100 -5,700
MINING & LOGGING 20,200 20,400 -200
CONSTRUCTION 39,100 40,200 -1,100
MANUFACTURING 29,000 29,000 0
TRADE, TRANSPORTATION & UTILITIES 138,400 139,100 -700
Wholesale Trade 23,400 23,600 -200
Retail Trade 93,300 93,800 -500
Transportation, Warehousing & Utilities 21,700 21,700 0
INFORMATION (Not Seasonally Adjusted) 14,000 13,700 300
FINANCIAL ACTIVITIES 34,400 35,000 -600
PROFESSIONAL & BUSINESS SERVICES 92,400 93,800 -1,400
EDUCATION & HEALTH SERVICES 125,600 127,000 -1,400
LEISURE & HOSPITALITY 84,700 83,600 1,100
OTHER SERVICES 28,300 28,900 -600
GOVERNMENT 195,300 196,400 -1,100
Federal Government 33,500 33,400 100
State Government 58,300 58,300 0
Local Government 103,500 104,700 -1,200
ALBUQUERQUE 368,100 369,100 -1,000
FARMINGTON 48,800 49,200 -400
LAS CRUCES 68,400 68,800 -400
SANTA FE 60,800 60,200 600
AVERAGE WEEKLY EARNINGS AVERAGE WEEKLY HOURS AVERAGE HOURLY EARNINGS
NEW MEXICO Sep 11 Aug 11 Sep 10 Sep 11 Aug 11 Sep 10 Sep 11 Aug 11 Sep 10
MANUFACTURING $664.99 $695.42 $628.01 42.6 43.6 39.3 $15.61 $15.95 $15.98
7.0 CPI-U Year-to-Year Percent Change
Index Base Year 1982-84 = 100 PERCENT CHANGE
Sep 11 Aug 11 Sep 10 Month to Month Year to Year
CPI-U 226.9 226.5 218.4 0.2% 3.9%
CPI-W 223.7 223.3 214.3 0.2% 4.4%
*CPI-U - All Urban Consumers *CPI-W - Urban Wage Earners and Clerical Workers - Source: U.S. Department of Labor, Bureau of Labor Statistics
Economic Research & Analysis Bureau (CC6097)
The New Mexico Labor Market Review is a monthly publication from the New Mexico
Department of Workforce Solutions, Economic Research & Analysis Bureau.
Mark Boyd, Bureau Chief
Joy Forehand, Public Information Officer
Title New Mexico labor market review, Vol. 40, no. 9 (November 9, 2011)
Title-Alternative New Mexico labor market review
Publication or Issue Date 2011-11-09
Creator New Mexico. Department of Workforce Solutions.
Contributors New Mexico. Bureau of Economic Research and Analysis.
Relation-Replaces New Mexico labor market report
Description Monthly;
Transcript New Mexico Labor Market Review Highlights: September 2011 Labor Market Data Current Regional Nonfarm Employment Growth • New Mexico’s rate of over-the-year job growth was 0.2 percent, representing an increase of 1,700 jobs. • Nonfarm payroll employment in the Albuquerque MSA fell 0.6 percent over the year for September, marking 36 consecutive months of negative growth. • Over the year, the Las Cruces MSA was down 200 jobs or 0.3 percent. Private-sector industries gained 500 jobs (up 1.1 percent), while government lost 700 jobs (down 3.2 percent). • Santa Fe MSA employment expanded by 200 jobs or 0.3 percent over the year. The strength for the Santa Fe MSA remained in educational & health services, up 400 jobs or 3.9 percent. • Over the year, total employment in the Farmington MSA was up 900 jobs or 1.9 percent. The private sector was up 300 jobs or 0.8 percent, with goods-producing industries up 100 jobs or 1.0 percent, and private service-providing industries up 200 jobs or 0.8 percent. What’s Inside Economic Research and Analysis Bureau P.O. Box 1928 Albuquerque, N.M. 87103 505.383.2729 www.dws.state.nm.us Susana Martinez Governor Celina Bussey Cabinet Secretary September 2011 over September 2010 - Not Seasonally Adjusted Volume 40 No. 9 Published November 9, 2011 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% WY OK UT TX AZ CA US CO NV NM 3.0% 3.0% 2.8% 2.4% 2.2% 1.7% 1.1% 1.0% 0.6% 0.2% 2 New Mexico New Mexico’s seasonally adjusted unemployment rate was 6.6 percent in September 2011, unchanged from August but down from 8.6 percent a year ago. The national unemployment rate remained at 9.1 percent. Previously, New Mexico’s unemployment rate had fallen for six consecutive months after peaking at 8.7 percent at the start of the year. As mentioned last month, if the labor force participation rate (LFPR) had held steady at pre-recession levels of around 63 percent, the measured unemployment rate would have continued to gradually increase through September 2011. The rate of over-the-year job growth, comparing September 2011 with September 2010, was 0.2 percent, representing an increase of 1,700 jobs. This gain marked the fourth straight month of over-the-year job growth, following a 32-month period of losses. The slow recovery started a while back, but lack of significant momentum left the state’s job growth rate close to the zero line for over a year. A number of industries are now cautiously adding jobs, but there is continuing evidence of restraint. The current job situation includes eight growing and five declining industries. The educational & health services industry added 5,500 jobs, growing at a 4.6 percent rate since this time last year. This industry seems to always do well, slowing down during recessions, but never turning negative and losing jobs. As the largest private-sector industry, educational & health services’ consistent growth provides stability for the economy as a whole. Retail trade has made a comeback from previous losses to report 4,000 additional jobs for September, while wholesale trade posted a gain of 1,600 jobs. The mining industry reported another gain, up 1,700 jobs, following 14 months of losses that ended in 2010. The financial activities industry posted a gain of 1,900 jobs that followed three years of job losses ending earlier this year. The transportation, warehousing & utilities industry gained 300 jobs, up 1.4 percent. Gains were also reported in leisure & hospitality, up 400 jobs, and miscellaneous other services, up 200. Latest Employment News The remaining four private-sector industries each recorded declining employment. The professional & business services industry reported employment that was down 7,400 jobs from last year. Construction was down 4,300 jobs over the year, which is especially disappointing when considering the jobs previously lost since 2008. The information industry reported employment levels that were down 200 jobs from last year, continuing a recent trend. The manufacturing industry, down 100 jobs, has posted erratic job growth in 2011, bouncing between positive and negative territory. Manufacturing employment has taken devastating losses over the last decade. Government employment registered a net decrease of 1,900 jobs from the year-ago total, with losses concentrated at the local level. Reported survey data for local government show employment down 2,300 jobs since this time last year. Federal employment was up by 400 jobs, while state government reported employment that was unchanged from last year. Albuquerque MSA (Bernalillo, Sandoval, Torrance, and Valencia Counties) The seasonally adjusted unemployment rate in the Albuquerque MSA was 7.0 percent in September 2011, unchanged from August but down sharply from 8.9 percent a year ago. The civilian labor force edged up 0.1 percent over the month after eight consecutive declines, as a small increase in employment was only partially offset by an even smaller decrease in unemployment. On a year-over-year basis, however, the civilian labor force was down 2.8 percent, with both lower employment and unemployment. Nonfarm payroll employment in the Albuquerque MSA fell 0.6 percent over the year for September, marking 36 consecutive months of negative growth. The area was down 2,200 jobs from its year-ago total, with employment increasing in four industries, decreasing in six, and remaining unchanged in two. The state as a whole (up 0.2 percent) and the three other MSAs (Farmington, up 1.9 percent; Santa Fe, up 0.3 percent; and Las Cruces, down 0.3 percent) all posted growth rates higher than Albuquerque’s in September. Mounting losses dropped Albuquerque MSA payroll employment 3 4 5 6 7 8 9 2007 2008 2009 2010 2011 New Mexico Unemployment Rate (Percent, Seasonally Adjusted), January 2007-September 2011 40,000 45,000 50,000 55,000 60,000 65,000 2003 2004 2005 2006 2007 2008 2009 2010 2011 New Mexico Construction Employment (Not Seasonally Adjusted), January 2003-September 2011 3 below its corresponding 2004 levels for the past five months (May through September 2011). Leisure & hospitality again led the gaining industries, expanding by 1,300 jobs or 3.4 percent over the year. A slightly larger-than-usual over-the-month decline of 2 percent dropped the year-over-year gain below 4 percent for the first time in six months. During the previous ten years, the leisure & hospitality industry registered an average employment decrease of 1.1 percent between August and September, a period when tourism typically begins to wind down for the year. Employment growth improved to 1.8 percent in educational & health services, its highest rate in a year. The industry bounced back from a four-month period of negative growth in early 2011, its first over-the-year losses during the current series, to post a 1,000-job gain for September. Despite recent slower growth, educational & health services employment expanded 14.3 percent over the most recent four-year period (September 2007 to September 2011), while all other private-sector industries contracted by a combined 13.8 percent. In fact, educational & health services and government were the only two industries to add jobs during that interval. Retail trade also showed improvement in September, growing by 500 jobs or 1.2 percent, its largest over-the-year increase in five months. Because this industry expanded only gradually prior to the recent recession, with a 2007 annual average gain of 2.1 percent representing the largest employment increase in nine years, its steep declines in 2009 (down 6.3 percent) and 2010 (down 2.2 percent) set the industry back more than a decade. Wholesale trade employment inched up 100 jobs or 0.8 percent, while manufacturing and miscellaneous other services remained at their year-ago employment levels. Construction was down 2,700 jobs or 12.4 percent for September 2011, its largest over-the-year employment decline since February 2010. Losses have now persisted for 57 consecutive months, driving industry employment to its lowest September level since 1993. Although over-the-month declines are typical between August and September as construction activity slows, the 2011 dip was unusually large, at 4.5 percent or 900 jobs, increasing the industry’s over-the-year loss from 9.1 percent in August. An examination of September employment data from 2002 (the most recent occurrence of over-the-year loss prior to the housing bust that preceded the so-called “Great Recession”) through 2011 (the most current data available) reveals a remarkable rise and fall. The construction industry added 8,300 jobs (up 35.5 percent) between September 2002 and September 2006 before shedding 12,600 jobs (down 39.7 percent) through September 2011. -7.5% -5.5% -3.5% -1.5% 0.5% 2.5% 4.5% 6.5% Sep-00 Mar-01 Sep-01 Mar-02 Sep-02 Mar-03 Sep-03 Mar-04 Sep-04 Mar-05 Sep-05 Mar-06 Sep-06 Mar-07 Sep-07 Mar-08 Sep-08 Mar-09 Sep-09 Mar-10 Sep-10 Mar-11 Sep-11 Over-the-Year Growth Rates New Mexico Albuquerque -25.0 -20.0 -15.0 -10.0 -5.0 0.0 5.0 Jan '09 Mar '09 May '09 Jul '09 Sep '09 Nov '09 Jan '10 Mar '10 May '10 Jul '10 Sep '10 Nov '10 Jan '11 Mar '11 May '11 Jul '11 Sep '11 Over-the-Year Change (in Thousands) Albuquerque MSA Job Growth/Decline Private vs. Government Private Sector Government Sector 4 Government employment fell by 900 jobs or 1.1 percent over the year, with all losses coming at the local level. Local government, which includes public education, public safety, various other service and administrative activities, and tribal operations, was down 1,000 jobs or 2.4 percent. Federal government was up 100 jobs or 0.6 percent, and state government was unchanged. The total government loss of 1.1 percent in September matched the decrease in May (which was primarily due to the large number of census workers included in the prior-year total) as its largest over-the-year drop during the current series. Professional & business services, the Albuquerque area’s largest private-sector industry, declined by 600 jobs or 1.1 percent, falling back into negative territory after four months of gains. At 56,000 jobs, employment slipped to its lowest September level since 1998 and exceeded the educational & health services total of 55,800 jobs by just 200. With growth rates moving in opposite directions, the two industries may soon temporarily change positions again as they briefly did earlier this year. Financial activities employment fell by 100 jobs over the month, but the over-the-year deficit of 400 jobs or 2.3 percent actually represented a slight improvement because of a larger August to September drop last year. Transportation, warehousing & utilities (down 400 jobs or 4.3 percent) and information (down 100 jobs or 1.2 percent), the area’s two smallest industries, also continued to post negative growth. The private sector was down 1,300 jobs or 0.5 percent over the year for September, marking continued gradual improvement from losses exceeding 20,000 for June through October 2009 (see accompanying chart). Total nonfarm improvement was hampered in recent months, however, by four consecutive over-the-year losses in government, which hadn’t previously posted a decline since mid-1999. Las Cruces MSA (Doña Ana County) The seasonally adjusted unemployment rate for the Las Cruces MSA was 6.7 percent in September 2011, unchanged from August but down from 8.4 percent a year ago. Over the month, the Las Cruces area added 800 jobs, with a loss of 100 jobs in the private sector only slightly offsetting a gain of 900 jobs in government. Within the government sector, the state and local levels added a combined 1,000 jobs, while the federal component lost 100. The local and state government gains were in all likelihood mostly, if not entirely, education-related. In the private sector, the Las Cruces MSA lost 100 jobs from its August total, with three industries expanding, four contracting, and four remaining unchanged. The gaining industries—transportation, warehousing & utilities; educational & health services; and leisure & hospitality—each added 100 jobs. As with the government sector, the increases in transportation, warehousing & utilities and educational & health services were likely education-related. Construction, wholesale trade, retail trade, and professional & business services each lost 100 jobs, while manufacturing, information, financial activities, and miscellaneous other services were unchanged. Over the year, the Las Cruces MSA was down 200 jobs or 0.3 percent. Private-sector industries gained 500 jobs (up 1.1 percent), while government lost 700 jobs (down 3.2 percent). Employment increased in five private-sector industries, decreased in one, and remained unchanged in five others. Retail trade (up 2.9 percent) and educational & health services (up 1.7 percent), two of the largest private industries, each added 200 jobs to their year-ago totals. Retail trade represented 10.3 percent and educational & health services 17.5 percent of September 2011 total nonfarm employment in the Las Cruces MSA. Wholesale trade (up 8.3 percent), financial activities (up 4.3 percent), and leisure & hospitality (up 1.4 percent) each added 100 jobs. Leisure & hospitality is the other large private employing industry, comprising approximately 10.4 percent of total nonfarm employment. Manufacturing (down 200 jobs or 7.1 percent) was the sole declining industry, while construction; transportation, warehousing & utilities; information; professional & business services; and miscellaneous other services were unchanged over the year. All three levels of government lost jobs over the year. Federal government was down 300 jobs or 7.1 percent, while the state and local levels were each down 200 jobs or 2.3 percent. Total government in the Las Cruces MSA represented about 30 percent of the September 2011 nonfarm total. -2.5 -2.0 -1.5 -1.0 -0.5 0.0 0.5 1.0 1.5 2.0 Jan '09 Mar '09 May '09 Jul '09 Sep '09 Nov '09 Jan '10 Mar '10 May '10 Jul '10 Sep '10 Nov '10 Jan '11 Mar '11 May '11 Jul '11 Sep '11 Over-the-Year Change (in Thousands) Las Cruces MSA Job Growth/Decline Private vs. Government Private Sector Government Sector 5 Over-the-year employment growth has been negative since March 2011, following a 14-month period in positive territory that began in January 2010. The Las Cruces MSA first registered losses in January 2009, with job growth remaining negative through the end of the year. Private employment growth has been positive since January 2010 except for three months (April, May, and June 2011). Santa Fe MSA (Santa Fe County) The seasonally adjusted unemployment rate for the Santa Fe MSA was 5.5 percent in September 2011, up from 5.4 percent in August but down from 7.1 percent a year ago. Over the month, Santa Fe MSA employment declined by 300 jobs, with all losses coming in the private sector where one of the 11 industries added jobs, three lost jobs, and seven were unchanged. Educational & health services gained 500 jobs, most of which were seasonal positions in private education. Miscellaneous other services (down 400), leisure & hospitality (down 300), and construction (down 100) were the declining industries, while manufacturing; wholesale trade; retail trade; transportation, warehousing, & utilities; information; financial activities; and professional & business services all remained at their August employment levels. The over-the-month movement in jobs was primarily seasonal, reflecting the start of the school year and the end of summer tourism. Government-sector employment was also unchanged over the month, with a gain of 100 jobs at the local level offsetting a loss of 100 at the state level. Federal government employment has been virtually unchanged for the past year. Over the year, Santa Fe MSA employment expanded by 200 jobs or 0.3 percent. The strength for the Santa Fe MSA remained in educational & health services, up 400 jobs or 3.9 percent. This industry represented 17.5 percent of the area’s total nonfarm employment for September. Also posting strong growth was retail trade, up 300 jobs or 3.5 percent. This is another large industry for the Santa Fe MSA, representing 14.4 percent of September 2011 total nonfarm employment. Leisure & hospitality, which accounted for about 15.2 percent of total nonfarm employment, expanded by 200 jobs or 2.2 percent. Information and financial activities, two industries that together equaled 5.9 percent of total nonfarm employment, each posted an over-the-year increase of 100 jobs. Employment was unchanged in manufacturing; wholesale trade; transportation, warehousing & utilities; and professional & business services, while construction, down 300, and miscellaneous other services, down 100, lost jobs from their year-ago totals. Construction and other services each represented 4.6 percent of September’s total nonfarm employment for the Santa Fe MSA. -5.0 -4.0 -3.0 -2.0 -1.0 0.0 1.0 2.0 Jan '09 Mar '09 May '09 Jul '09 Sep '09 Nov '09 Jan '10 Mar '10 May '10 Jul '10 Sep '10 Nov '10 Jan '11 Mar '11 May '11 Jul '11 Sep '11 Over-the-Year Change (in Thousands) Santa Fe MSA Job Growth/Decline Private vs. Government Private Sector Government Sector -7.5% -5.5% -3.5% -1.5% 0.5% 2.5% 4.5% 6.5% Sep-00 Mar-01 Sep-01 Mar-02 Sep-02 Mar-03 Sep-03 Mar-04 Sep-04 Mar-05 Sep-05 Mar-06 Sep-06 Mar-07 Sep-07 Mar-08 Sep-08 Mar-09 Sep-09 Mar-10 Sep-10 Mar-11 Sep-11 Over-the-Year Growth Rates New Mexico Las Cruces 6 The government sector, down 500 jobs or 3.0 percent, continued to be a drag on the Santa Fe economy. All three components contributed to the loss, with the federal level down 100 jobs, and the state and local levels each down 200. Total government accounted for 26.4 percent of the Santa Fe MSA’s total nonfarm employment. Farmington MSA (San Juan County) The seasonally adjusted unemployment rate in the Farmington MSA was 6.7 percent in September 2011, down from a revised 6.8 percent in August and 9.4 percent in September 2010. Over the month, the Farmington MSA posted a net gain of 500 jobs, with a 1,300-job increase in government more than offsetting an 800-job decrease in the private sector. The private-sector loss resulted from declines of 100 jobs in the goods-producing industries and 700 jobs in the private service-providing industries. The private service-providing category represented 54.5 percent of September’s total nonfarm employment for the MSA. The large gain in government employment came primarily from a seasonal increase in school-related jobs in local government, which added a total of 1,200. Federal government gained 100 jobs over the month, and state government remained unchanged. Over the year, total employment in the Farmington area was up by 900 jobs or 1.9 percent. The private sector was up 300 jobs or 0.8 percent, with goods-producing industries up 100 jobs or 1.0 percent, and private service-providing industries up 200 jobs or 0.8 percent. The government sector was up 600 jobs or 5.3 percent over the year, with the bulk of the increase coming at the local level, up 500 jobs or 5.5 percent, according to preliminary data. Federal government added 100 jobs, and state government remained unchanged over the year. -10.5% -8.5% -6.5% -4.5% -2.5% -0.5% 1.5% 3.5% 5.5% 7.5% Sep-00 Mar-01 Sep-01 Mar-02 Sep-02 Mar-03 Sep-03 Mar-04 Sep-04 Mar-05 Sep-05 Mar-06 Sep-06 Mar-07 Sep-07 Mar-08 Sep-08 Mar-09 Sep-09 Mar-10 Sep-10 Mar-11 Sep-11 Over-the-Year Growth Rates New Mexico Farmington -6.0 -5.0 -4.0 -3.0 -2.0 -1.0 0.0 1.0 2.0 Jan '09 Mar '09 May '09 Jul '09 Sep '09 Nov '09 Jan '10 Mar '10 May '10 Jul '10 Sep '10 Nov '10 Jan '11 Mar '11 May '11 Jul '11 Sep '11 Over-the-Year Change (in Thousands) Farmington MSA Job Growth/Decline Private vs. Government Government Sector Private Sector -7.5% -5.5% -3.5% -1.5% 0.5% 2.5% 4.5% 6.5% Sep-00 Mar-01 Sep-01 Mar-02 Sep-02 Mar-03 Sep-03 Mar-04 Sep-04 Mar-05 Sep-05 Mar-06 Sep-06 Mar-07 Sep-07 Mar-08 Sep-08 Mar-09 Sep-09 Mar-10 Sep-10 Mar-11 Sep-11 Over-the-Year Growth Rates New Mexico Santa Fe 7 New Mexico Area Economic Activity This section presents the latest economic news gathered from published articles, government documents, private- and public-sector news releases, and reports from local New Mexico Workforce Connection Centers. In most cases, no attempt is made to verify accuracy of information. Statewide: The Job Training Incentive Program (JTIP) board at its September meeting approved $350,087 in funding to support 38 new jobs with two New Mexico businesses. Ideum, a Corrales company that designs and creates interactive exhibits and Web applications for museum and Web visitors, was awarded $137,126 for seven new jobs. Air Products EES-PolyFlow, an Albuquerque company that produces capital equipment for fabrication facilities used in the manufacture of semiconductors, solar cells, medical devises, and optical fiber, was granted $212,961 for 31 new jobs. New Mexico might lose more than 50 post offices under a U.S. Postal Service national proposal intended to keep the federally owned corporation operating. The USPS is expected to handle about 167 billion pieces of mail this fiscal year, down 22 percent from five years ago. Mail volume has been severely impacted by the popularity of e-mail, electronic bill pay, and Web access that makes information immediately available. Postal spokeswoman Barbara Wood told KKOB-770 radio that 54 post offices in New Mexico are slated for closure, including four in downtown Albuquerque. The U.S. Postal Service has said that without congressional action, it could run out of money to pay salaries and contractors a year from now. Two new owners recently purchased, in a more than $15 million deal, the 30 former Redi-Mart store locations around the state that closed down last summer. Brad Hall & Associates Inc. of Idaho Falls, Idaho, acquired 28 of the stores, while Brewer Oil Company, headquartered in Albuquerque, purchased the other two. The stores were owned by PRP Inc. and operated by Ever-Ready Oil Company until the company closed them in May 2010. Brad Hall & Associates will remodel and rebrand all 28 stores it purchased, 18 of which are in Albuquerque. Twenty-six of the 28 stores are currently operating, and work is in progress at all locations. Information was not immediately available on the two Albuquerque stores purchased by Brewer Oil. Central Workforce Investment Area Albuquerque Area, Bernalillo County: Business outsource provider Sitel announced plans to hire 140 customer care specialists for both seasonal and longer-term positions at its Albuquerque facility. The company scheduled a job fair for September 16 to meet and assess applicants, with its news release specifying a preference for those having previous customer service experience and strong computer knowledge. Nashville-based Sitel, a privately held firm majority owned by Canadian company Onex Corporation, has more than 140 customer centers across the globe. University of New Mexico Hospital plans to open a $5 million, 17,000-square-foot medical clinic in Albuquerque’s North Valley within two years. The clinic, expected to be UNMH’s largest primary-care facility, will offer a full range of medical care, employing 25 to 30 staff members, including five or six medical practitioners who may be physicians, physician assistants, or nurse practitioners. The City of Albuquerque and UNM announced a land swap giving UNM ownership of the 2.1-acre clinic site on North Fourth Street between Matthew and Mildred, south of Candelaria. In exchange, Albuquerque will receive 1.3 acres near Gibson and University, where city officials plan to build a fire station. Rio Rancho Area, Sandoval County: Two new hospitals are scheduled to open in Rio Rancho within the next ten months, and recruitment efforts to add the required workers are proceeding. Presbyterian Healthcare Services’ Rust Medical Center at Unser and Black Arroyo is scheduled to open October 22, while UNM Medical Group’s Sandoval County Regional Medical Center has set its planned opening for June 2012. National shortages of specialist physicians and nurses have created hiring challenges, but recruiters for the two facilities say they are confident they will meet their staffing goals. Sandoval Regional Medical Center is expected to employ 350 and Rust Medical Center about 485. The building that formerly housed J.C. Penney’s call center in Rio Rancho did not stay vacant for long after operations ceased in June. Local Planet Fitness franchisee Rick Glassman signed a contract to buy the building and plans to reopen it as a gym around Thanksgiving. He said the facility will have between 15 and 20 employees. The Rio Rancho location will be the seventh in the Albuquerque area for franchise, which opened its first area gym in 2008. Glassman plans to expand to ten gyms in the metro area and is also looking at potential sites in Santa Fe. 8 Eastern Workforce Investment Area Carlsbad Area, Eddy County: Washington TRU Solutions, which manages and operates the Waste Isolation Pilot Plant near Carlsbad, announced plans for a second phase of workforce restructuring that is expected to eliminate about 65 positions. The first phase occurred earlier this year when 51 workers accepted a voluntary layoff option. The plant opened in 1999 and is the final disposal location for more than 6 million cubic feet of stored and newly generated transuranic waste from sites around the country. Washington TRU Solutions runs the repository for the U.S. Department of Energy and currently has 664 employees. The restructuring plan was prompted by the end of stimulus funding on September 30 and projections that peg next year’s budget at the lowest level in eight years. The cuts are also expected to impact subcontract personnel. Lovington Area, Lea County: Lea County Electric Cooperative’s new $50 million gas-fired power plant east of Lovington is nearing completion and should be operating by January. Gary Hurse, LCEC executive director, said the 40-megawatt plant should begin emission and load performance testing next month and be ready by the time Excel Energy raises rates for New Mexico customers on January 1. The new plant is expected to reduce the cost increase to customers by 20 percent. LCEC plans to completely transition off Excel’s system over the next five years and is continuing work on a wind farm scheduled for completion in summer 2012 that will complement the new power plant. Hobbs Area, Lea County: Joule Unlimited Inc. is set to begin construction of a biomass fuel project on 1,200 acres of leased land near Hobbs. The company will use a specially engineered microorganism to process sunlight and waste carbon dioxide to produce renewable diesel and ethanol. Joule expects to deliver diesel for as little as $20 a barrel and ethanol for as little as 60 cents a gallon. Job openings for higher-end positions, including lead engineer; process engineer; bioprocess engineer; plant technician; metrologist; environmental health and safety lead; maintenance, repair, and facilities lead; and supply chain director, are posted on Joule’s website at http://www.jouleunlimited.com/careers. Northern Workforce Investment Area Española Area, Rio Arriba County: The Ohkay Casino laid off 15 workers and instituted cuts that affected the benefits, working hours, and positions of about one-third of its 300-person workforce. According to Ohkay Owingeh Governor Ron Lovato, the firings and restructuring were performance-based, with no distinction made between non-native and native employees. He said falling and flat-lining revenues were to blame for the second round of reshuffling in the past three years. Lovato explained that the operation’s revenues had been rising until about 2007, when they began falling because of increased competition and the lagging economy. Sandia Productions began principal photography in September for the dramatic thriller “Blaze You Out,” which was expected to film for four weeks in Rio Arriba County, employing 80 crew members and more than 100 principal and background talent. “Blaze You Out” stars Veronica Diaz-Carranza, Melissa Cordero, Q’orianka Kilcher, Elizabeth Peña, Mark Adair-Rios, Raoul Trujillo, and Jeremy Ray Valdez. According to its website, the film “tells the story of Lupe, an aspiring DJ, and her little sister Alicia, two young women struggling to make a living in the Esperanza Valley, a community that has been suffocated by generations of heroin use.” Upper Fruitland Area, San Juan County: The Northern Edge Casino scheduled a job fair for September 23 to begin filling positions in advance of its planned early 2012 opening. The 85,000-square-foot, $66 million facility, located along Navajo Route 36 on Farmington’s southwest edge, is expected to create 400 jobs. Northern Edge, the third Navajo casino in northwestern New Mexico, was preceded by Fire Rock Casino, which opened in November 2008 in Church Rock (near Gallup), and Flowing Water Navajo Casino, which opened in October 2010 in Hogback (near Shiprock). Southwestern Workforce Investment Area Silver City Area, Grant County: A crowd of more than 50 people, including state and local politicians and community members, attended the recent groundbreaking on Pope Street in downtown Silver City for a new 29,000-square-foot, state-of-the-art Hidalgo Medical Services health facility. The $9.5 million facility will offer dental, medical, mental health, and family services and will serve as a teaching facility for dental and medical residents. The new facility will replace HMS’ Med Square clinic and is expected to be completed by August 2012. Las Cruces Area, Doña Ana County: San Diego-based Sapphire Energy has for the past four years built, expanded, and operated a research and development facility at the West Mesa Industrial Park in Las Cruces and now employs more than 50 people at the site—many of whom are New Mexico State University and Doña Ana Community College graduates. The company works to commercialize “green crude,” a renewable petroleum product produced from algae, sunlight, and carbon dioxide. The Las Cruces facility serves as a testing and development center, operating plot farms. Sapphire is constructing another site in Columbus, New Mexico, that is expected to open in spring or summer 2012 with 100 acres before growing to over 300 acres upon final completion in 2015. The Columbus operation is expected to produce 100 million gallons of diesel fuel per year. Pro’s Ranch Market’s scheduled a job fair for September 27-30 to begin staffing its soon-to-be open Las Cruces store. The California-based supermarket chain announced plans to hire 300 full- and part-time team members. The Mexican-style grocery store will have an extensive produce section, a tortilleria, and a wide range of general grocery items. The Las Cruces store will be the second Pro’s Ranch Market location in New Mexico (the first opened in Albuquerque in June 2008) and tenth store in its three-state range, with seven in Arizona and one in Texas. 30,000 40,000 50,000 60,000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Private sector gross job gains and gross job losses, seasonally adjusted March 2000 - December 2010 Gross job gains Gross job losses New Mexico Source: U.S. Bureau of Labor Statistics Note: Shaded a rea represents NBER defined recession period. 9 New Mexico recorded a private sector employment gain of 3,100 jobs or 0.5 percent for the fourth quarter 2010, according to the seasonally adjusted Business Employment Dynamics (BED) data released by the Bureau of Labor Statistics (BLS). This increase followed employment losses for both the second quarter (down 161 jobs or 0.0 percent) and third quarter (down 1,689 jobs or 0.3 percent). The state posted a minimal first quarter 2010 net gain of 82 jobs or 0.0 percent that was nevertheless significant as the first positive employment growth in two full years. BED data track changes in employment at private business units from the third month of one quarter to the third month of the next. Gross job gains are increases in employment from expanding and new establishments, while gross job losses are decreases in employment from contracting and closing establishments. The difference between jobs gained and lost is the net change in employment. New Mexico’s fourth quarter net employment increase of 3,100 jobs resulted from December gross job gains of 40,319 and gross job losses of 37,219. Both figures represented improvement from the third quarter, when September gross job gains and gross job losses totaled 38,901 and 40,590, respectively. The fourth quarter gain comprised increases of 32,144 jobs from expanding establishments and 8,175 jobs from opening establishments. Gross losses consisted Business Employment Dynamics-Fourth Quarter 2010 Michelle Doran, Economist 10 New Mexico Gross Job Gain/Loss Levels1 3 Months Ended Dec. 2009 Mar. 2010 Jun. 2010 Sep. 2010 Dec. 2010 Net Employment Change -4834 82 -161 -1689 3100 Gross Job Gains 37,662 37,821 40,218 38,901 40,319 Expanding Establishments 29,684 30,908 32,016 31,300 32,144 Opening Establishments 7,978 6,913 8,202 7,601 8,175 Gross Job Losses 42,496 37,739 40,379 40,590 37,219 Contracting Establishments 35,212 31,253 33,148 32,414 29,180 Closing Establishments 7,284 6,486 7,231 8,176 8,039 Rates2 3 Months Ended Dec. 2009 Mar. 2010 Jun. 2010 Sep. 2010 Dec. 2010 Net Employment Change -0.8 0.0 0.0 -0.3 0.5 Gross Job Gains 6.3 6.4 6.8 6.6 6.8 Expanding Establishments 5.0 5.2 5.4 5.3 5.4 Opening Establishments 1.3 1.2 1.4 1.3 1.4 Gross Job Losses 7.1 6.4 6.8 6.9 6.3 Contracting Establishments 5.9 5.3 5.6 5.5 4.9 Closing Establishments 1.2 1.1 1.2 1.4 1.4 of 29,180 jobs from contracting establishments and 8,039 jobs from closing establishments. Business births, a subset of openings not including reopening of seasonal businesses, increased to 1,327 for the fourth quarter 2010, up from 1,218 for the third quarter. These new establishments created 4,550 jobs for the fourth quarter 2010, representing 0.8 percent of total private employment. Business deaths, a subset of closings not including temporary shutdowns of seasonal businesses, increased to 1,349 for the first quarter 2010 (the most recent quarter available since the definition of business death requires four quarters of data for measurement), up from 1,261 for the fourth quarter 2009. Jobs lost from business deaths equaled 3,781, representing 0.6 percent of total private employment. BED data are available on the BLS website at http://www.bls.gov/ bed/ and on the New Mexico Department of Workforce Solutions website at http://www.dws.state.nm.us/LMI/dws-data.html. State BED data include seasonally and not seasonally adjusted data, number of establishments by direction of employment change, and establishment birth and death data. National BED data include job gains and losses by firm size, age of establishment, and 3-digit major industry sector. The BLS in 2012 will, for the first time, publish BED industry data (at the 2-digit industry sector level) for States. 1 Table 1. Private sector gross job gains and job losses, seasonally adjusted. (http://www.bls.gov/web/cewbd/nm_table1.txt) 2 Table 3. Private sector gross job gains and losses as a percent of total employment, seasonally adjusted. (http://www.bls.gov/web/cewbd/nm_table3.txt) 11 Workforce Information Tip How can I construct a time series of employment and unemployment for Santa Fe County? 1. Start at http://laser.state.nm.us/. 2. Click on LAUS (right side of the home page), or click on Employment and Wage Data (left side), Labor Force Data, and Labor Force Employment and Unemployment (LAUS). 3. In Step 1, use the pull-down menu to change the area type to County. The other choices are United States, New Mexico, MSA 2000, and Local Workforce Investment Area. Put a check mark in the box next to Santa Fe County, NM, and click on Select. 4. In Step 2, select Annual or Monthly from the pull-down list, depending on which time series you are interested in. (The accompanying results were generated by selecting Monthly.) 5. In the resulting box, choose the desired month(s) or year(s), and click on Search. (The accompanying results were gen-erated by selecting August 2011.) 6. LASER will then display civilian labor force, employment, unemployment, and the unemployment rate estimates for the time period(s) selected. Click on Time in the report column to show both five- and ten-year annual averages and a 24-month comparison for the desired period. 12 Thanksgiving Day: Nov. 24, 2011 In the fall of 1621, the Pilgrims, early settlers of Plymouth Colony, held a three-day feast to celebrate a bountiful harvest, an event many regard as the nation’s first Thanksgiving. Historians have also recorded ceremonies of thanks among other groups of European settlers in North America, including British colonists in Virginia in 1619. The legacy of thanks and the feast have survived the centuries, as the event became a national holiday in 1863 when President Abraham Lincoln proclaimed the last Thursday of November as a national day of thanksgiving. Later, President Franklin Roosevelt clarified that Thanksgiving should always be celebrated on the fourth Thursday of the month to encourage earlier holiday shopping, never on the occasional fifth Thursday. 248 million The number of turkeys expected to be raised in the United States in 2011. That’s up 2 percent from the number raised during 2010. The turkeys produced in 2010 together weighed 7.11 billion pounds and were valued at $4.37 billion. Source: USDA National Agricultural Statistics Service. 46.5 million The preliminary estimate of turkeys Minnesota is expected to raise in 2011. The Gopher State was tops in turkey production, followed by North Carolina (30.0 million), Arkansas (30.0 million), Missouri (18.0 million), Virginia (17.5 million) and Indiana (16.0 million). These six states together account for about two-thirds of U.S. turkeys produced in 2011. Source: USDA National Agricultural Statistics Service. 750 million pounds The forecast for U.S. cranberry production in 2011. Wisconsin is expected to lead all states in the production of cranberries, with 430 million pounds, followed by Massachusetts (210 million). New Jersey, Oregon and Washington are also expected to have substantial production, ranging from 17 million to 54 million pounds. Source: USDA National Agricultural Statistics Service. 2.4 billion pounds The total weight of sweet potatoes — another popular Thanksgiving side dish — produced by major sweet potato producing states in 2010. North Carolina (972 million pounds) produced more sweet potatoes than any other state. Source: USDA National Agricultural Statistics Service. 1.1 billion pounds Total production of pumpkins in the major pumpkin-producing states in 2010. Illinois led the country by producing 427 million pounds of the vined orange gourd. Pumpkin patches in California, New York and Ohio also provided lots of pumpkins: Each state produced at least 100 million pounds. The value of all pumpkins produced by major pumpkin-producing states was $117 million. Source: USDA National Agricultural Statistics Service. If you prefer cherry pie, you will be pleased to learn that the nation’s forecasted tart cherry production for 2011 totals 266.1 million pounds, up 40 percent from the 2010 production. Of this 2011 total, the overwhelming majority (210.0 million pounds) will be produced in Michigan. Source: USDA National Agricultural Statistics Service,. 2.01 billion bushels The total volume of wheat — the essential ingredient of bread, rolls and pie crust — produced in the United States in 2011. Kansas, Montana and North Dakota accounted for about 33 percent of the nation’s wheat production. Source: USDA National Agricultural Statistics Service,. $7.8 million The value of U.S. imports of live turkeys from January through July of 2011 -- 99.7 percent from Canada. When it comes to sweet potatoes, the Dominican Republic was the source of 60.1 percent ($3.2 million) of total imports ($5.3 million). The United States ran a $3.6 million trade deficit in live turkeys during the period but had a surplus of $41.7 million in sweet potatoes. Source: U.S. Census Bureau, Foreign Trade Statistics. 13.3 pounds The quantity of turkey consumed by the typical American in 2009, with no doubt a hearty helping devoured at Thanksgiving time. Per capita sweet potato consumption was 5.3 pounds. Source: U.S. Department of Agriculture as cited in the Statistical Abstract of the United States: 2012, Tables 217 and 218. Facts for Features and Special Editions consist of collections of statistics from the Census Bureau’s demographic and economic subject areas intended to commemorate anniversaries or observances or to provide background information for topics in the news. For additional Facts for Features & Special Editions from the U.S. Census Bureau, visit www.census.gov and click on “Facts for Features” in the “Newroom” section. New Mexico’s Civilian Labor Force Suzan Reagan, LMI Webmaster Tracy Shaleen, Economist New Mexico’s seasonally adjusted unemployment rate fell sharply over three months in early 2011, from a peak of 8.7 percent for both January and February to 6.9 percent in May, before gradually settling to a more than two-year low of 6.6 percent for both August and September. This article examines New Mexico’s labor force participation and unemployment rates to highlight recent movements in and provide historical context for the state’s decreased civilian labor force numbers. Long-run changes in the labor force participation rate (the civilian labor force as a percentage of the civilian noninstitutional population) are driven by structural factors, such as demographics (e.g., the age distribution of the population) and culture (e.g., the percentage of women in the labor force). New Mexico’s labor force participation rate moved within a fairly narrow range for more than two decades, remaining between 62.7 percent and 64.0 percent from late 1984 through early 2009 (see Chart 1). This interval of relative stability followed a period of generally steady growth in the labor force participation rate, from the beginning of the series in 1976 through the mid-1980s, which resulted primarily from the influx of women to the labor force. The gradual, sustained growth in the labor force participation rate during this period contrasts sharply with the sudden, sharp drops that occurred during 2009 and 2011. Short-run changes in the labor force participation rate are prompted by cyclical factors, primarily the demand for labor associated with economic expansions and contractions. Effects of the Great Recession, which officially lasted from December 2007 to June 2009, are evident in the rapid unemployment rate increases from late 2007 through early 2011 (see Chart 1), when joblessness quickly climbed from a series low 3.4 percent to a more than 23- year high 8.7 percent. New Mexico’s labor force participation rate declined sharply for part of that period, from 63.7 percent in mid- 2008 to 61.9 percent at close of 2009, before gradually ranging between 61.9 percent and 62.3 percent during 2010. The precipitous declines in both the unemployment rate and the labor force participation rate in 2011 were very different from the opposite-direction movements exhibited by the two series for parts of 2008 and 2009. During the earlier period, the number of employed persons decreased more than the number of unemployed 0% 2% 4% 6% 8% 10% 12% 57% 58% 59% 60% 61% 62% 63% 64% 65% Unemployment Rate Labor Force Participation Rate Chart 1. New Mexico's Labor Force Participation and Unemployment Rates, 1976-2011 Labor Force Participation Rate Unemployment Rate Source: U.S. Department of Labor, Bureau of Labor Statistics Notes : Data are seasonally adjusted. Shaded a reas denote recessions. 13 persons increased, thereby reducing the size of the civilian labor force. Through September, the number of employed persons during 2011 was little changed; therefore, the dramatic contraction in the size of the civilian labor force was solely due to a steep dip in the number of unemployed persons. The abruptness of the recent declines may have resulted from a time lag between the actual onset of the labor force exodus and the point at which it was first reflected in the household survey data. In any case, eventual improvement in employment prospects will entice job seekers back into the labor force, potentially pushing the unemployment rate higher once again in the short run. As illustrated in Chart 2, small changes in the labor force participation rate can produce large differences in the unemployment rate. The chart provides the actual pre- through post-recession unemployment rates for New Mexico and the United States, along with projected rates derived by holding the labor force participation rate at pre-recession levels of 63 percent for New Mexico and 66 percent for the United States. On a projected basis, New Mexico’s unemployment rate exceeded 11 percent for the three most recent months (July through September) and, at 11.4 percent, was just 0.2 point below the projected U.S. rate of 11.6 percent for September. The difference in the actual rates for September was much larger, with the national rate, at 9.1 percent, exceeding the New Mexico rate, at 6.6 percent, by 2.5 points. 0% 2% 4% 6% 8% 10% 12% 14% Chart 2: New Mexico and United States Unemployment Rates, 2007-2011 NM Actual NM at 63% LFP US Actual US at 66% LFP Source: U.S. Department of Labor, Bureau of Labor Statistics Notes : Data are seasonally adjusted. Shaded a rea denotes recession. Data for this article were obtained from the Bureau of Labor Statistics at http://www.bls.gov/lau/ststdsadata.txt (for state-level estimates) and http://data.bls.gov/pdq/querytool.jsp?survey=ln (for national estimates). Additional labor force data on those individuals not included in the official unemployment estimates, along with definitions and methodological notes, are available at the Alternative Measures to Labor Underutilization for States home page (see U-4 and U-5 estimates), published by the BLS on a four-quarter moving-average basis at http://www.bls.gov/lau/ stalt.htm. 14 15 NM Occupational Shortages & Surpluses The following designations are based on posted job orders & resumes entered in the NM Workforce Connection System (www.jobs.state.nm.us) by occupation in the last 30 days (September 2011). Advertising Sales Agents Accountants Hotel, Motel, & Resort Desk Clerks Computer Programmers Admin Services Mngrs Human Resources Assistants Healthcare Support Workers Bill & Account Collectors Janitors & Cleaners Industrial Machinery Mechanics Bookkeeping, Accounting, & Auditing Clerks Landscaping & Groundskeeping Workers Installation, Maintenance, & Repair Workers Computer Support Specialists Medical Assistants Internists Cooks, Restaurant Office & Admin Support Workers Occupational Therapists Customer Service Representatives Receptionists & Information Clerks Personal & Home Care Aides Driver/Sales Workers Secretaries, Except Legal, Medical, & Executive Registered Nurses Executive Secretaries & Admin Assistants Security Guards Service Unit Operators, Oil, Gas, & Mining 1st-Line Sup/Mngrs of Office & Admin Support Stock Clerks-Stockroom, Warehouse, or Storage Computer Programmers Admin Services Mngrs Maintenance & Repair Workers Nuclear Medicine Technologists Bookkeeping, Accounting, & Auditing Clerks Medical Assistants Occupational Therapist Assistants Cashiers Office Clerks Occupational Therapists Computer Support Specialists Receptionists & Information Clerks Radiologic Technologists Cooks, Institution & Cafeteria Retail Salespersons Registered Nurses Customer Service Representatives Security Guards Truck Drivers, Heavy & Tractor-Trailer Executive Secretaries & Admin Assistants Teacher Assistants 1st-Line Sup/Mngrs of Retail Sales Workers Tellers Janitors & Cleaners Landscaping & Groundskeeping Workers Construction Carpenters Bookkeeping, Accounting, & Auditing Clerks Marking Clerks Construction Laborers Cashiers Production Workers Internists Community & Social Service Specialists Receptionists & Information Clerks Stock Clerks-Stockroom, Warehouse, or Storage Yard Customer Service Representatives Truck Drivers, Heavy & Tractor-Trailer Executive Secretaries & Admin Assistants 1st-Line Sup/Mngrs of Retail Sales Workers Helpers--Production Workers Human Resources Assistants Maids & Housekeeping Cleaners Maintenance & Repair Workers 1st-Line Sup/Mngrs of Non-Retail Sales Workers Customer Service Representatives Laborers & Freight, Stock, & Material Movers, Hand Data Entry Keyers Executive Secretaries & Admin Assistants Security Guards Retail Salespersons Executive Secretaries & Admin Assistants Stock Clerks, Sales Floor Helpers--Production Workers Janitors & Cleaners Medical Secretaries Maids & Housekeeping Cleaners Bus & Truck Mechanics & Diesel Engine Specialists Electricians Recreation Workers *Occupational Rollover Statistics is an indicator of occupational activity with both numerous job orders & resumes in NM Workforce Connection. Occupational Rollover Statistics* Farmington MSA Farmington MSA Shortages Surpluses Statewide Summary Statewide Summary Santa Fe MSA Santa Fe MSA Albuquerque MSA Albuquerque MSA Las Cruces MSA Las Cruces MSA Management of Companies a nd Enterprises 0% Agri cul ture, Forestry, Fishing & Hunting 1% Wholesale Trade 1% Real Estate and Rental and Leasing 1% Uti l ities 1% Finance and Insurance 1% Unclassified es tablishments 2% Information 2% Construction 3% Transportation and Warehousing (48 & 49) 4% Arts , Entertainment, and Recreation 4% Other Services (except Public Admin.) 5% Publ ic Administration 5% Manufacturing (31-33) 5% Accommodation a nd Food Services 5% Education Services 5% Profes sional, Scientific & Technical Svc 7% Mining 10% Admin., Support, Waste Mgmt, Remediation 11% Health Care and Social Assistance 13% Retail Trade (44 & 45) 17% NM Workforce Connection Posted Job Openings by Industry September 2011 16 Labor Market Information Quick Reference and Fast Facts New Mexico – Seasonally Adjusted Labor Force, Employment, Unemployment & Unemployment Rate Total Nonfarm Employment Growth Rankings New Mexico and United States September September % State Rank 2010 2011 Change Change North Dakota 1 382.6 401.7 19.1 5.0% Wyoming 2 290.9 299.5 8.6 3.0% Oklahoma 2 1,525.9 1,571.0 45.1 3.0% Utah 4 1,192.7 1,225.5 32.8 2.8% Texas 5 10,364.5 10,613.2 248.7 2.4% Louisiana 6 1,883.3 1,924.6 41.3 2.2% Arizona 6 2,363.5 2,415.1 51.6 2.2% Vermont 6 299.2 305.7 6.5 2.2% Nebraska 9 941.3 960.4 19.1 2.0% California 10 13,865.5 14,099.2 233.7 1.7% Montana 11 434.7 441.7 7.0 1.6% Massachusetts 12 3,204.9 3,254.4 49.5 1.5% Oregon 12 1,605.6 1,629.6 24.0 1.5% Washington 12 2,788.4 2,829.1 40.7 1.5% Hawaii 15 584.4 592.6 8.2 1.4% Michigan 16 3,909.1 3,958.5 49.4 1.3% United States 130,090.0 131,552.0 1,462.0 1.1% Ohio 17 5,068.7 5,125.5 56.8 1.1% Kentucky 17 1,780.5 1,800.1 19.6 1.1% Alaska 17 339.2 342.9 3.7 1.1% Florida 17 7,135.8 7,213.0 77.2 1.1% Minnesota 17 2,652.8 2,680.9 28.1 1.1% New York 17 8,554.6 8,645.0 90.4 1.1% Idaho 23 610.9 617.2 6.3 1.0% Iowa 23 1,473.5 1,488.6 15.1 1.0% Tennessee 23 2,633.3 2,658.6 25.3 1.0% Colorado 23 2,228.3 2,249.7 21.4 1.0% Maine 27 602.2 607.8 5.6 0.9% New Hampshire 28 628.8 634.1 5.3 0.8% Illinois 28 5,655.1 5,702.3 47.2 0.8% Wisconsin 28 2,755.9 2,777.4 21.5 0.8% Pennsylvania 31 5,645.6 5,686.9 41.3 0.7% Arkansas 31 1,170.1 1,178.0 7.9 0.7% South Carolina 31 1,807.2 1,819.1 11.9 0.7% Nevada 34 1,115.0 1,122.0 7.0 0.6% South Dakota 34 407.9 410.3 2.4 0.6% Mississippi 36 1,092.1 1,097.6 5.5 0.5% Maryland 37 2,526.4 2,537.4 11.0 0.4% Connecticut 37 1,616.3 1,622.7 6.4 0.4% Kansas 37 1,323.4 1,328.6 5.2 0.4% New Jersey 37 3,851.3 3,865.7 14.4 0.4% West Virginia 41 753.1 755.6 2.5 0.3% New Mexico 42 804.9 806.6 1.7 0.2% Virginia 42 3,640.5 3,646.7 6.2 0.2% District of Columbia 44 709.6 710.5 0.9 0.1% North Carolina 44 3,885.4 3,890.2 4.8 0.1% Rhode Island 44 464.5 464.8 0.3 0.1% Indiana 47 2,823.9 2,825.2 1.3 0.0% Alabama 47 1,871.1 1,870.9 -0.2 0.0% Missouri 49 2,666.9 2,662.4 -4.5 -0.2% Georgia 50 3,824.2 3,793.2 -31.0 -0.8% Delaware 51 418.0 412.6 -5.4 -1.3% Source: U.S. Department of Labor, Bureau of Labor Statistics Employment numbers are not seasonally adjusted. Employment numbers are in thousands. Civilian Un- Unadj. Labor Employ- employ- Rate Rate Force ment ment % % 1990 711,891 663,698 48,193 6.8% 1991 719,243 667,698 51,545 7.2% 1992 735,447 680,463 54,984 7.5% 1993 755,053 700,258 54,795 7.3% 1994 776,827 725,387 51,440 6.6% 1995 798,621 744,557 54,064 6.8% 1996 812,862 751,826 61,036 7.5% 1997 822,627 768,596 54,031 6.6% 1998 835,879 783,661 52,218 6.2% 1999 839,988 793,052 46,936 5.6% 2000 852,293 810,024 42,269 5.0% 2001 863,682 821,003 42,679 4.9% 2002 871,512 823,191 48,321 5.5% 2003 888,468 835,835 52,633 5.9% 2004 901,833 849,970 51,863 5.8% 2005 913,453 866,349 47,104 5.2% 2006 924,516 886,708 37,808 4.1% 2007 933,616 901,704 31,912 3.4% 2008 952,217 909,809 42,408 4.5% 2009 942,273 876,218 66,055 7.0% 2010 JAN 946,360 869,464 76,896 8.1% 8.3% FEB 949,344 871,702 77,642 8.2% 8.5% MAR 951,919 873,638 78,281 8.2% 8.4% APR 953,519 874,626 78,893 8.3% 8.1% MAY 954,066 874,589 79,477 8.3% 8.2% JUN 953,926 873,890 80,036 8.4% 8.8% JUL 953,605 873,011 80,594 8.5% 9.0% AUG 953,727 872,597 81,130 8.5% 8.7% SEP 954,325 872,719 81,606 8.6% 8.2% OCT 955,118 873,107 82,011 8.6% 8.2% NOV 955,788 873,432 82,356 8.6% 8.4% DEC 956,479 873,840 82,639 8.6% 8.2% 2011 JAN 955,756 872,952 82,804 8.7% 8.8% FEB 955,544 872,765 82,779 8.7% 8.8% MAR 951,595 874,075 77,520 8.1% 7.4% APR 948,752 877,119 71,633 7.6% 6.9% MAY 944,252 878,765 65,487 6.9% 6.5% JUN 938,271 874,325 63,946 6.8% 7.8% JUL 932,594 870,148 62,446 6.7% 7.2% AUG 929,783 868,389 61,394 6.6% 6.6% SEP 930,725 869,169 61,556 6.6% 6.4% OCT NOV DEC # CHANGE FROM Month Ago 942 780 162 0.0% -0.2% Year Ago -23,600 -3,550 -20,050 -2.0% -1.8% 2 Yrs. Ago -10,190 65 -10,255 -1.0% -0.9% 3 Yrs. Ago -26,331 -40,742 14,411 1.7% 1.8% % CHANGE FROM Month Ago 0.1% 0.1% 0.3% Year Ago -2.5% -0.4% -24.6% 2 Yrs. Ago -1.1% 0.0% -14.3% 3 Yrs. Ago -2.8% -4.5% 30.6% 17 New Mexico Labor Force Estimates – Not Seasonally Adjusted Unemployment Rates in New Mexico - Not Seasonally Adjusted 18 Unemployment Rate by State (Seasonally Adjusted) New Mexico Nonagricultural Wage and Salary Employment Annual Growth Rates by Industry NAICS Industries State Rank Rate State Rank Rate Nevada 1 13.4 Nevada 1 14.9 California 2 11.9 California 2 12.5 District of Columbia 3 11.1 Michigan 3 11.9 Michigan 3 11.1 Florida 4 11.7 South Carolina 5 11.0 Rhode Island 5 11.5 Florida 6 10.6 South Carolina 6 10.9 Mississippi 6 10.6 Oregon 7 10.7 North Carolina 8 10.5 Georgia 8 10.2 Rhode Island 8 10.5 Kentucky 8 10.2 Georgia 10 10.3 Mississippi 10 10.1 Illinois 11 10.0 North Carolina 11 10.0 Alabama 12 9.8 Indiana 12 9.9 Tennessee 12 9.8 Arizona 13 9.8 Kentucky 14 9.7 Illinois 13 9.8 Oregon 15 9.6 Ohio 13 9.8 New Jersey 16 9.2 District of Columbia 16 9.7 Arizona 17 9.1 Missouri 17 9.6 Ohio 17 9.1 United States 9.6 United States 9.1 Idaho 18 9.5 Washington 17 9.1 Tennessee 19 9.4 Idaho 20 9.0 Washington 19 9.4 Connecticut 21 8.9 New Jersey 21 9.3 Indiana 21 8.9 West Virginia 21 9.3 Missouri 23 8.7 Alabama 23 9.1 Texas 24 8.5 Connecticut 23 9.1 Arkansas 25 8.3 Colorado 25 8.8 Colorado 25 8.3 New Mexico 26 8.6 Pennsylvania 25 8.3 Pennsylvania 27 8.5 West Virginia 28 8.2 New York 28 8.4 Delaware 29 8.1 Delaware 29 8.3 New York 30 8.0 Massachusetts 29 8.3 Wisconsin 31 7.8 Texas 31 8.2 Montana 32 7.7 Alaska 32 7.9 Alaska 33 7.6 Wisconsin 32 7.9 Maine 34 7.5 Arkansas 34 7.8 Maryland 35 7.4 Louisiana 35 7.7 Utah 35 7.4 Maine 36 7.6 Massachusetts 37 7.3 Utah 36 7.6 Louisiana 38 6.9 Maryland 38 7.4 Minnesota 38 6.9 Montana 39 7.3 Kansas 40 6.7 Minnesota 40 7.1 New Mexico 41 6.6 Kansas 41 7.0 Virginia 42 6.5 Oklahoma 42 6.9 Hawaii 43 6.4 Virginia 43 6.7 Iowa 44 6.0 Wyoming 43 6.7 Oklahoma 45 5.9 Hawaii 45 6.5 Vermont 46 5.8 Iowa 46 6.2 Wyoming 46 5.8 Vermont 47 5.9 New Hampshire 48 5.4 New Hampshire 48 5.8 South Dakota 49 4.6 South Dakota 49 4.6 Nebraska 50 4.2 Nebraska 50 4.5 North Dakota 51 3.5 North Dakota 51 3.9 Source: U.S. Department of Labor, Bureau of Labor Statistics September 2011 September 2010 Construction 5% Manufacturing 4% Wholesale Trade 3% Retail Trade 12% Trans, Warehousing & Utilities 3% Information 2% Financial Activities 4% Prof & Bus. Services 12% Education & Health Services 16% Leisure & Hospitality 11% Mining & Logging 3% Other Services 3% Government 24% -9.6 -7.4 -1.4 -1.0 -0.3 0.2 0.5 0.7 1.4 4.5 4.6 5.8 7.3 9.1 Construction Professional & Business Services Information Government Manufacturing Total Leisure & Hospitality Other Services Trans, Warehousing & Utilities Retail Trade Education & Health Services Financial Activities Wholesale Trade Mining & Logging 19 Nonagricultural Wage and Salary Employment Preliminary Revised Revised Change Sep-11 Aug-11 Sep-10 Monthly Yearly TOTAL NONAGRICULTURAL EMPLOYMENT 806,600 804,800 804,900 1,800 1,700 GOODS PRODUCING 90,400 91,800 93,100 -1,400 -2,700 SERVICE PROVIDING 716,200 713,000 711,800 3,200 4,400 MINING & LOGGING 20,400 20,500 18,700 -100 1,700 CONSTRUCTION 40,300 41,700 44,600 -1,400 -4,300 MANUFACTURING 29,700 29,600 29,800 100 -100 WHOLESALE TRADE 23,500 23,700 21,900 -200 1,600 RETAIL TRADE 93,400 94,500 89,400 -1,100 4,000 TRANSPORTATION, WAREHOUSING & UTILITIES 22,000 21,700 21,700 300 300 INFORMATION 14,000 13,700 14,200 300 -200 FINANCIAL ACTIVITIES 34,400 35,000 32,500 -600 1,900 PROFESSIONAL & BUSINESS SERVICES 93,100 94,700 100,500 -1,600 -7,400 EDUCATIONAL & HEALTH SERVICES 126,100 124,300 120,600 1,800 5,500 LEISURE & HOSPITALITY 85,400 86,500 85,000 -1,100 400 OTHER SERVICES 28,100 29,900 27,900 -1,800 200 GOVERNMENT 196,200 189,000 198,100 7,200 -1,900 Federal Government 33,300 33,700 32,900 -400 400 State Government 59,200 55,200 59,200 4,000 0 State Government Education 25,000 21,800 27,600 3,200 -2,600 Local Government 103,700 100,100 106,000 3,600 -2,300 Local Government Education 54,500 50,000 57,100 4,500 -2,600 NEW MEXICO Preliminary Revised Revised Change Sep-11 Aug-11 Sep-10 Monthly Yearly TOTAL NONAGRICULTURAL EMPLOYMENT 369,800 368,100 372,000 1,700 -2,200 GOODS PRODUCING 36,600 37,500 39,300 -900 -2,700 SERVICE PROVIDING 333,200 330,600 332,700 2,600 500 MINING, LOGGING & CONSTRUCTION 19,100 20,000 21,800 -900 -2,700 MANUFACTURING 17,500 17,500 17,500 0 0 WHOLESALE TRADE 12,400 12,400 12,300 0 100 RETAIL TRADE 41,000 41,100 40,500 -100 500 TRANSPORTATION, WAREHOUSING & UTILITIES 9,000 8,800 9,400 200 -400 INFORMATION 8,100 8,100 8,200 0 -100 FINANCIAL ACTIVITIES 17,300 17,400 17,700 -100 -400 PROFESSIONAL & BUSINESS SERVICES 56,000 57,100 56,600 -1,100 -600 EDUCATIONAL AND HEALTH SERVICES 55,800 53,500 54,800 2,300 1,000 LEISURE AND HOSPITALITY 39,000 39,800 37,700 -800 1,300 OTHER SERVICES 11,700 11,900 11,700 -200 0 GOVERNMENT 82,900 80,500 83,800 2,400 -900 Federal Government 15,600 15,800 15,500 -200 100 State Government 26,500 24,800 26,500 1,700 0 Local Government 40,800 39,900 41,800 900 -1,000 ALBUQUERQUE MSA 20 Nonagricultural Wage and Salary Employment Preliminary Revised Revised Change Sep-11 Aug-11 Sep-10 Monthly Yearly TOTAL NONAGRICULTURAL EMPLOYMENT 69,200 68,400 69,400 800 -200 GOODS PRODUCING 6,300 6,400 6,500 -100 -200 SERVICE PROVIDING 62,900 62,000 62,900 900 0 MINING, LOGGING & CONSTRUCTION 3,700 3,800 3,700 -100 0 MANUFACTURING 2,600 2,600 2,800 0 -200 WHOLESALE TRADE 1,300 1,400 1,200 -100 100 RETAIL TRADE 7,100 7,200 6,900 -100 200 TRANSPORTATION, WAREHOUSING & UTILITIES 1,700 1,600 1,700 100 0 INFORMATION 800 800 800 0 0 FINANCIAL ACTIVITIES 2,400 2,400 2,300 0 100 PROFESSIONAL & BUSINESS SERVICES 7,600 7,700 7,600 -100 0 EDUCATIONAL & HEALTH SERVICES 12,100 12,000 11,900 100 200 LEISURE & HOSPITALITY 7,200 7,100 7,100 100 100 OTHER SERVICES 1,600 1,600 1,600 0 0 GOVERNMENT 21,100 20,200 21,800 900 -700 Federal 3,900 4,000 4,200 -100 -300 State 8,600 7,900 8,800 700 -200 Local 8,600 8,300 8,800 300 -200 Preliminary Revised Revised Change Sep-11 Aug-11 Sep-10 Monthly Yearly TOTAL NONAGRICULTURAL EMPLOYMENT 61,000 61,300 60,800 -300 200 GOODS PRODUCING 3,600 3,700 3,900 -100 -300 SERVICE PROVIDING 57,400 57,600 56,900 -200 500 MINING, LOGGING & CONSTRUCTION 2,800 2,900 3,100 -100 -300 MANUFACTURING 800 800 800 0 0 WHOLESALE TRADE 1,000 1,000 1,000 0 0 RETAIL TRADE 8,800 8,800 8,500 0 300 TRANSPORTATION, WAREHOUSING & UTILITIES 700 700 700 0 0 INFORMATION 900 900 800 0 100 FINANCIAL ACTIVITIES 2,700 2,700 2,600 0 100 PROFESSIONAL & BUSINESS SERVICES 4,400 4,400 4,400 0 0 EDUCATIONAL & HEALTH SERVICES 10,700 10,200 10,300 500 400 LEISURE & HOSPITALITY 9,300 9,600 9,100 -300 200 OTHER SERVICES 2,800 3,200 2,900 -400 -100 GOVERNMENT 16,100 16,100 16,600 0 -500 Federal 1,000 1,000 1,100 0 -100 State 8,100 8,200 8,300 -100 -200 Local 7,000 6,900 7,200 100 -200 Preliminary Revised Revised Change Sep-11 Aug-11 Sep-10 Monthly Yearly TOTAL NONAGRICULTURAL EMPLOYMENT 49,100 48,600 48,200 500 900 TOTAL PRIVATE 37,200 38,000 36,900 -800 300 GOODS PRODUCING 10,500 10,600 10,400 -100 100 SERVICE PROVIDING 38,600 38,000 37,800 600 800 PRIVATE SERVICE PROVIDING 26,700 27,400 26,500 -700 200 GOVERNMENT 11,900 10,600 11,300 1,300 600 Federal 1,800 1,700 1,700 100 100 State 500 500 500 0 0 Local 9,600 8,400 9,100 1,200 500 LAS CRUCES MSA SANTA FE MSA FARMINGTON MSA 21 Nonagricultural Wage and Salary Employment - Seasonally Adjusted Average Hours and Earnings (Prepared in cooperation with the U.S. Department of Labor) U.S. Consumer Price Index * Total includes the Information sector, which is not seasonally adjusted. Preliminary Revised Monthly NEW MEXICO Sep-11 Aug-11 Change TOTAL NONAGRICULTURAL EMPLOYMENT* 801,400 807,100 -5,700 MINING & LOGGING 20,200 20,400 -200 CONSTRUCTION 39,100 40,200 -1,100 MANUFACTURING 29,000 29,000 0 TRADE, TRANSPORTATION & UTILITIES 138,400 139,100 -700 Wholesale Trade 23,400 23,600 -200 Retail Trade 93,300 93,800 -500 Transportation, Warehousing & Utilities 21,700 21,700 0 INFORMATION (Not Seasonally Adjusted) 14,000 13,700 300 FINANCIAL ACTIVITIES 34,400 35,000 -600 PROFESSIONAL & BUSINESS SERVICES 92,400 93,800 -1,400 EDUCATION & HEALTH SERVICES 125,600 127,000 -1,400 LEISURE & HOSPITALITY 84,700 83,600 1,100 OTHER SERVICES 28,300 28,900 -600 GOVERNMENT 195,300 196,400 -1,100 Federal Government 33,500 33,400 100 State Government 58,300 58,300 0 Local Government 103,500 104,700 -1,200 ALBUQUERQUE 368,100 369,100 -1,000 FARMINGTON 48,800 49,200 -400 LAS CRUCES 68,400 68,800 -400 SANTA FE 60,800 60,200 600 AVERAGE WEEKLY EARNINGS AVERAGE WEEKLY HOURS AVERAGE HOURLY EARNINGS NEW MEXICO Sep 11 Aug 11 Sep 10 Sep 11 Aug 11 Sep 10 Sep 11 Aug 11 Sep 10 MANUFACTURING $664.99 $695.42 $628.01 42.6 43.6 39.3 $15.61 $15.95 $15.98 -3.0 -2.0 -1.0 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 CPI-U Year-to-Year Percent Change Index Base Year 1982-84 = 100 PERCENT CHANGE Sep 11 Aug 11 Sep 10 Month to Month Year to Year CPI-U 226.9 226.5 218.4 0.2% 3.9% CPI-W 223.7 223.3 214.3 0.2% 4.4% *CPI-U - All Urban Consumers *CPI-W - Urban Wage Earners and Clerical Workers - Source: U.S. Department of Labor, Bureau of Labor Statistics New Mexico Department of Workforce Solutions Economic Research & Analysis Bureau (CC6097) P.O. Box 1928 Albuquerque, NM 87103 ________________________ Official Business Penalty for Private Use, $300 The New Mexico Labor Market Review is a monthly publication from the New Mexico Department of Workforce Solutions, Economic Research & Analysis Bureau. Major Contributors: Mark Boyd, Bureau Chief Tracy Shaleen, Economist Joy Forehand, Public Information Officer Other Contributors: Michelle Doran, Economist Suzan Reagan, LMI Webmaster
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