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New Mexico Department of Workforce Solutions

401 Broadway N.E., Albuquerque, NM 87102

EMPLOYMENT NEWS RELEASE


Note: County and substate figures for the most current month available are posted on the Internet by the last day of each month.
The New Mexico Department of Workforce Solutions Internet address is: www.dws.state.nm.us

Susana Martinez Celina Bussey FOR MORE INFORMATION:


Governor Secretary Contact: Joy Forehand (505) 250-3926
Economic Research & Analysis Bureau
News Release For Business Editor P.O. Box 1928, Albuquerque, NM 87103
For Release: March 10, 2011
New Mexico
New Mexico’s seasonally adjusted unemployment rate was 8.7 As jobs return, new industries will continue to come to the forefront,
percent in January 2011, up from 8.6 percent in December and and the industries that lost the most jobs during the recession, such
8.1 percent a year ago. The national unemployment rate dropped as construction, may remain depressed for some time. The current
to 9.0 percent. job situation includes seven growing and six declining industries.
The employment estimates from the Current Employment The most recent data indicate that the educational & health
Statistics survey are newly benchmarked to the full count of services industry has added 2,600 jobs since this time last year,
employment from the QCEW program, with data revised from which is more than for any other industry. Retail trade has made
April 2009 forward. Benchmarking replaces previous estimates a comeback from previous losses to now report 1,700 additional
with more complete counts of employment and updated estimates jobs. The mining industry reported another gain, up 1,500 jobs,
for employment not covered by the QCEW program. New Mexico following 14 months of losses that ended in 2010. Earlier losses
uses the replacement methodology through September 2010 and had been as high as 5,000 jobs. The leisure & hospitality industry
then re-estimates employment for the rest of 2010 using sample reported gains totaling 1,500 jobs, while the miscellaneous other
data. The revisions this year are most noticeable at the industry- services category added 1,400. The transportation, warehousing &
detail level, where some are quite large. Twenty-one years of utilities industry gained 600 jobs, up 2.8 percent. The final gaining
employment data by industry have been updated at the Department industry was manufacturing, up 300 jobs following a 45-month
of Workforce Solutions’ data page on the Internet. period of sustained job losses.
The rate of over-the-year job growth, comparing January 2011 The remaining six private-sector industries each recorded
with January 2010, was negative 0.4 percent, representing a loss declining employment. The professional & business services
of 3,500 jobs. With the benchmark revisions to the data, recent industry reported employment that was down 7,900 jobs from
trends are clearer and more precise. Analysis of the seasonally last year. Construction was down 1,600 jobs over the year, which
adjusted employment data shows that New Mexico’s total nonfarm was actually an improvement from the 8,000 jobs lost during
employment reached a peak of 849,600 in February 2008 and a the preceding 12 months ending in January 2010. The financial
low so far of 796,900 in December 2010. (The seasonal adjustment activities industry was down 900 jobs in posting its thirty-seventh
removes normal fluctuations from the data, making it possible to consecutive month of negative growth. Smaller losses were
more easily and accurately analyze trends.) reported in the wholesale trade industry, down 200 jobs, and the
information industry, down 100.
860
NM CES Total Nonfarm Employment
850
Government employment totaled 2,400 fewer jobs than it did a year
Seasonally Adjusted ago. State government reported a 2,000-job decline, while local
840
Peak government, the largest of the three public-sector components,
830 Feb. 2008 posted a loss of 1,300. Federal government employment has
Trough fallen from a peak driven by census activities early last year, but it
820
Dec. 2010 remained 900 jobs above its January 2010 level.
810

800

790
2008-10
2008-11
2008-12

2009-12
2009-10
2009-11

2010-12
2010-10
2010-11
2010-6
2009-1

2010-4
2010-5
2008-9

2010-1
2010-2
2010-3
2008-7
2008-8
2008-5
2008-6

2009-8
2009-9

2011-1
2008-3
2008-4

2009-5
2009-6
2009-7
2008-1
2008-2

2009-2
2009-3
2009-4

2010-7
2010-8
2010-9

The time from peak to trough was 34 months in New Mexico but
only 25 months for the nation as a whole. However, the rate of
job loss was nearly identical, 6.2 percent for New Mexico and
6.3 percent for the U.S. New Mexico, therefore, lost a similar
proportion of its job base but did so over a longer period of time.
As we begin reporting data for the new year, 2011 appears set to
be the turning point where we start to add jobs again in significant
numbers.
New Mexico Department of Workforce Solutions
401 Broadway N.E., Albuquerque, NM 87102

EMPLOYMENT NEWS RELEASE


Note: County and substate figures for the most current month available are posted on the Internet by the last day of each month.
The New Mexico Department of Workforce Solutions Internet address is: www.dws.state.nm.us

Susana Martinez Celina Bussey FOR MORE INFORMATION:


Governor Secretary Contact: Joy Forehand (505) 250-3926
Economic Research & Analysis Bureau
News Release For Business Editor P.O. Box 1928, Albuquerque, NM 87103
For Release: March 10, 2011
Albuquerque MSA (Bernalillo, Sandoval, Torrance, and Valencia Counties)
The seasonally adjusted unemployment rate for the Albuquerque After shedding jobs for 26 consecutive months, retail trade finally
MSA was 9.0 percent in January, unchanged from December. The posted an employment increase in January, growing by 600 jobs
rate increased seven tenths of a point from its January 2010 level or 1.5 percent over the year. Annual average gains in the years
of 8.3 percent, with the number of unemployed persons growing preceding the recession were modest, typically less than 2 percent,
by 3,400. so the steep losses over the past two years reduced employment
to levels not seen since 1997. Wholesale trade increased its year-
Nonfarm payroll employment was down 2,300 jobs or 0.6 percent over-year gain to 200 jobs or 1.6 percent.
over the year. The area posted its twenty-eighth consecutive month
of negative growth as losses in seven industries more than offset Professional & business services was down 2,100 jobs or 3.7
gains in five others. The rate of decline has continued to ease in percent in January, following annual average declines of 6.8
recent months, which is more a reflection of increasingly weak percent for 2009 and 6.0 percent for 2010. This sector has yet to see
prior-year levels than any real improvement in current economic the significant boost in employment services that normally occurs
conditions. January 2011 nonfarm employment of 365,400 marked early in an economic recovery when the demand for temporary
the lowest total for the month since 2004. help increases.
Leisure & hospitality expanded by 1,200 jobs or 3.4 percent over Construction employment remained mired in a deep slump,
the year, continuing the solid growth that began late last year. down 2,000 jobs or 9.3 percent since January 2010. The industry
This industry contracted sharply from fourth quarter 2008 through dropped below the 20,000-employee threshold for the first time
third quarter 2009, shedding an average of 1,600 jobs compared since early 1999 and has now recorded year-over-year losses for 49
to the same period a year earlier, but was spared the much larger consecutive months. Manufacturing remained in negative territory
losses posted elsewhere in the area’s economy. The recent bounce for a second consecutive month after registering a small gain in
in employment growth may be an indication of rising optimism, November. The industry had posted losses for 39 straight months
with consumers more willing to spend discretionary income on before matching its prior-year employment total last August.
activities such as recreation, food services, and travel.
Information employment, which is subject to high variability based
Government entities increased staffing by 800 jobs or 1.0 percent, on film production activity, was down 700 jobs or 7.9 percent, the
with each of the three components logging a modest gain. Local industry’s seventh consecutive month with a large over-the-year
government recorded growth of 500 jobs or 1.2 percent; however, decline. Financial activities also slipped by 700 jobs, down 3.9
much of this increase is likely a transitory result of reporting percent, while transportation, warehousing & utilities, down 100
differences related to school calendars. The state and federal levels jobs or 1.1 percent, and miscellaneous other services, down 100
registered small increases of 200 jobs or 0.8 percent and 100 jobs jobs or 0.9 percent, recorded smaller losses.
or 0.7 percent, respectively. Public-sector employment accounted
for 22.5 percent of the nonfarm total for January 2011, up from
21.3 percent in January 2009, when the area first began to see large
over-the-year job losses.

Educational & health services reported an increase of 700 jobs or


1.3 percent, maintaining its rate from December. January’s gain
enabled the industry to surpass professional & business services
as the largest source of private-sector employment. Their relative
positions will again alternate, however, when professional &
business services begins to recover the thousands of jobs it lost
over the past two years. Population increases and demographic
changes have been key factors in the long-term growth of
educational & health services employment. The recent downturn
may have provided an additional short-term boost to the extent
that some discouraged job seekers likely chose to return to school,
thereby contributing to growth at private educational institutions.
New Mexico Department of Workforce Solutions
401 Broadway N.E., Albuquerque, NM 87102

EMPLOYMENT NEWS RELEASE


Note: County and substate figures for the most current month available are posted on the Internet by the last day of each month.
The New Mexico Department of Workforce Solutions Internet address is: www.dws.state.nm.us

Susana Martinez Celina Bussey FOR MORE INFORMATION:


Governor Secretary Contact: Joy Forehand (505) 250-3926
Economic Research & Analysis Bureau
News Release For Business Editor P.O. Box 1928, Albuquerque, NM 87103
For Release: March 10, 2011
Las Cruces MSA (Doña Ana County)
The seasonally adjusted unemployment rate in the Las Cruces MSA was 8.6 percent in January 2011, unchanged from December. A
year ago, the local unemployment rate was 7.7 percent.

Over the month, the Las Cruces economy lost 2,800 jobs, mostly from seasonal declines in government employment. State government
employment slipped by 2,200 jobs, reflecting the end of the semester at New Mexico State University. Retail trade dropped 200 jobs at
the close of the holiday shopping season, while four other industries—manufacturing, information, educational & health services, and
leisure & hospitality—each lost 100 jobs. There were no gaining industries in January.

Over the year, total nonfarm employment for January 2011 remained unchanged in the Las Cruces MSA. This follows over-the-year
gains for each month of 2010 and over-the-year losses for each month of 2009. Five of the 12 industries expanded employment, three
were unchanged, and four lost jobs over the year.

Educational & health services and construction each gained 200 jobs from their year-ago levels, while retail trade, leisure & hospitality,
and miscellaneous other services each added 100. Declining industries were headed up by manufacturing, down 300 jobs, followed by
professional & business services, down 200. The information industry and government each declined by 100 jobs. Among public-sector
components, local government declined by 200 jobs, state government added 100, and federal government remained unchanged over
the year. Three other industries—financial activities; transportation, warehousing & utilities; and wholesale trade—reported no change
to employment levels from last year.
New Mexico Department of Workforce Solutions
401 Broadway N.E., Albuquerque, NM 87102

EMPLOYMENT NEWS RELEASE


Note: County and substate figures for the most current month available are posted on the Internet by the last day of each month.
The New Mexico Department of Workforce Solutions Internet address is: www.dws.state.nm.us

Susana Martinez Celina Bussey FOR MORE INFORMATION:


Governor Secretary Contact: Joy Forehand (505) 250-3926
Economic Research & Analysis Bureau
News Release For Business Editor P.O. Box 1928, Albuquerque, NM 87103
For Release: March 10, 2011
Santa Fe MSA (Santa Fe County)
The seasonally adjusted unemployment rate in Santa Fe was 7.3 percent for January 2011, unchanged from December’s benchmarked
rate. A year ago, the local area had an unemployment rate of 6.9 percent.

Over the month, as is typical for January in Santa Fe, employment growth was weak. January 2011 workforce reductions resulted in
1,500 fewer jobs than were recorded in December. Government lost a total of 300 jobs, with the federal, state, and local divisions each
declining by 100. Retail trade lost 300 jobs at the end of the Christmas shopping season, and educational & health services employment
also fell by 300. Construction employment declined by 200 jobs, and four other private-sector industries each lost 100.

Over the year, the rate of job growth for Santa Fe was 0.7 percent, representing a gain of 400 jobs. This is the fourth consecutive month
of over-the-year job gains, following a 26-month period of sustained job losses. At its worst, in late 2009, the number of jobs was down
by as much as 6.9 percent over a 12-month period. At that time, huge losses in construction and downtime in the information industry
coincided to cause unprecedented declines.

Three industries—educational & health services, professional & business services, and construction—reported over-the-year employment
gains for January. The educational & health services industry contributed 400 jobs to the total, with the other two adding 100. The
information industry was the only component to continue to report declines, down 200 jobs from last year. All other industries reported
unchanged employment from their year-ago levels.
New Mexico Department of Workforce Solutions
401 Broadway N.E., Albuquerque, NM 87102

EMPLOYMENT NEWS RELEASE


Note: County and substate figures for the most current month available are posted on the Internet by the last day of each month.
The New Mexico Department of Workforce Solutions Internet address is: www.dws.state.nm.us

Susana Martinez Celina Bussey FOR MORE INFORMATION:


Governor Secretary Contact: Joy Forehand (505) 250-3926
Economic Research & Analysis Bureau
News Release For Business Editor P.O. Box 1928, Albuquerque, NM 87103
For Release: March 10, 2011
Farmington MSA (San Juan County)
The seasonally adjusted unemployment rate in the Farmington MSA was 9.5 percent in January 2011, unchanged from December’s
benchmarked rate. A year ago, the unemployment rate was 9.8 percent.

Over the month, the Farmington area posted a typical January loss of 1,100 jobs. Both the private sector and public sectors lost jobs
over the month.

Over the year, total employment in the Farmington area increased by 100 jobs or 0.2 percent. Last month ended a two-year run of
job losses that began in December 2008. The goods-producing industries reported a 200-job decrease in employment from year-ago
levels, as they slowly recover from earlier devastating loses. Private service-providing industries were up 400 jobs from last year. The
government sector reported the loss of 100 jobs, with local government down 200, state government unchanged, and federal government
up 100.
New Mexico – Seasonally Adjusted Total Nonfarm Employment
Labor Force, Employment, Growth Rankings
Unemployment & Unemployment Rate New Mexico and United States
January January %
Civilian Un- Unadj. State Rank 2010 2011 Change Change
Labor Employ- employ- Rate Rate North Dakota 1 360.1 377.9 17.8 4.9%
Force ment ment % % Alaska 2 302.9 311.3 8.4 2.8%
Vermont 3 293.4 301.3 7.9 2.7%
1990 711,891 663,698 48,193 6.8% Texas 4 10,118.5 10,360.0 241.5 2.4%
1991 719,243 667,698 51,545 7.2%
Arkansas 5 1,134.1 1,152.2 18.1 1.6%
1992 735,447 680,463 54,984 7.5%
1993 755,053 700,258 54,795 7.3% Idaho 5 581.6 590.7 9.1 1.6%
1994 776,827 725,387 51,440 6.6% Kentucky 7 1,725.9 1,752.4 26.5 1.5%
1995 798,621 744,557 54,064 6.8% Nebraska 7 916.8 930.7 13.9 1.5%
1996 812,862 751,826 61,036 7.5% Utah 7 1,159.3 1,176.7 17.4 1.5%
1997 822,627 768,596 54,031 6.6%
Oregon 10 1,562.8 1,585.3 22.5 1.4%
1998 835,879 783,661 52,218 6.2%
1999 839,988 793,052 46,936 5.6% Wyoming 10 271.1 274.9 3.8 1.4%
2000 852,293 810,024 42,269 5.0% Connecticut 10 1,569.1 1,590.5 21.4 1.4%
2001 863,682 821,003 42,679 4.9% Pennsylvania 13 5,470.9 5,543.9 73.0 1.3%
2002 871,512 823,191 48,321 5.5% Oklahoma 13 1,496.3 1,515.2 18.9 1.3%
2003 888,468 835,835 52,633 5.9%
Maine 15 572.0 579.1 7.1 1.2%
2004 901,833 849,970 51,863 5.8%
2005 913,453 866,349 47,104 5.2% Mississippi 15 1,070.9 1,083.9 13.0 1.2%
2006 924,516 886,708 37,808 4.1% Michigan 15 3,756.1 3,801.6 45.5 1.2%
2007 933,616 901,704 31,912 3.4% Delaware 18 698.3 706.3 8.0 1.1%
2008 952,217 909,809 42,408 4.5% Illinois 18 5,462.4 5,524.4 62.0 1.1%
2009 942,273 876,218 66,055 7.0%
West Virginia 18 724.7 732.8 8.1 1.1%

2010 JAN 946,360 869,464 76,896 8.1% 8.3% Ohio 18 4,905.0 4,957.8 52.8 1.1%
FEB 949,344 871,702 77,642 8.2% 8.5% New Hampshire 18 607.6 614.0 6.4 1.1%
MAR 951,919 873,638 78,281 8.2% 8.4% Hawaii 18 579.6 585.7 6.1 1.1%
APR 953,519 874,626 78,893 8.3% 8.1% South Dakota 24 388.2 392.2 4.0 1.0%
MAY 954,066 874,589 79,477 8.3% 8.2%
Indiana 24 2,715.1 2,741.3 26.2 1.0%
JUN 953,926 873,890 80,036 8.4% 8.8%
JUL 953,605 873,011 80,594 8.5% 9.0% Tennessee 26 2,557.1 2,581.1 24.0 0.9%
AUG 953,727 872,597 81,130 8.5% 8.7% Louisiana 26 1,856.6 1,873.5 16.9 0.9%
SEP 954,325 872,719 81,606 8.6% 8.2% Iowa 28 1,432.2 1,444.0 11.8 0.8%
OCT 955,118 873,107 82,011 8.6% 8.2% District of Columbia 28 399.9 403.1 3.2 0.8%
NOV 955,788 873,432 82,356 8.6% 8.4% California 28 13,694.6 13,802.9 108.3 0.8%
DEC 956,479 873,840 82,639 8.6% 8.2%
Virginia 28 3,558.5 3,586.4 27.9 0.8%
2011 JAN 955,763 872,948 82,815 8.7% 8.8% South Carolina 28 1,760.4 1,774.2 13.8 0.8%
FEB Wisconsin 33 2,658.2 2,678.0 19.8 0.7%
MAR Washington 33 2,723.0 2,743.2 20.2 0.7%
APR Colorado 33 2,174.8 2,190.1 15.3 0.7%
MAY
United States 127,309.0 128,183.0 874.0 0.7%
JUN
JUL Minnesota 36 2,570.3 2,586.7 16.4 0.6%
AUG New York 37 8,339.8 8,385.3 45.5 0.5%
SEP Montana 38 414.4 416.2 1.8 0.4%
OCT Florida 38 7,116.9 7,147.6 30.7 0.4%
NOV
Massachusetts 38 3,115.1 3,127.6 12.5 0.4%
DEC
North Carolina 41 3,797.2 3,802.4 5.2 0.1%
Maryland 41 2,446.6 2,449.1 2.5 0.1%
# CHANGE FROM Georgia 41 3,769.9 3,772.1 2.2 0.1%
Month Ago -716 -892 176 0.1% 0.6% Missouri 44 2,590.2 2,590.8 0.6 0.0%
Year Ago 9,403 3,484 5,919 0.6% 0.5%
Rhode Island 44 444.5 444.6 0.1 0.0%
2 Yrs. Ago 5,120 -22,247 27,367 2.9% 2.8%
3 Yrs. Ago 11,079 -38,201 49,280 5.2% 5.2% Alabama 44 1,840.1 1,840.1 0.0 0.0%
Arizona 44 2,362.5 2,362.0 -0.5 0.0%
% CHANGE FROM New Jersey 48 3,776.3 3,761.3 -15.0 -0.4%
Month Ago -0.1% -0.1% 0.2% New Mexico 48 789.4 785.9 -3.5 -0.4%
Year Ago 1.0% 0.4% 7.7% Kansas 50 1,300.7 1,294.6 -6.1 -0.5%
2 Yrs. Ago 0.5% -2.5% 49.4%
3 Yrs. Ago 1.2% -4.2% 147.0% Nevada 50 1,104.0 1,098.2 -5.8 -0.5%
Source: U.S. Department of Labor, Bureau of Labor Statistics
Employment numbers are not seasonally adjusted.
Employment numbers are in thousands.
New Mexico Labor Force Estimates – Not Seasonally Adjusted
PRELIMINARY JANUARY 2011 REVISED DECEMBER 2010 REVISED JANUARY 2010
Labor Force Empl. Unemp. Rate Labor Force Empl. Unemp. Rate Labor Force Empl. Unemp. Rate

STATEWIDE 944,311
0 861,093
0 83,218
0 8.8%
0.0% 956,0650 877,2870 78,7780 8.2%
0.0% 936,658 859,085 77,573 8.3%
Albuquerque MSA 405,088 368,533 36,555 9.0% 409,834 374,929 34,905 8.5% 402,916 369,347 33,569 8.3%
Bernalillo 310,744 283,499 27,245 8.8% 314,409 288,419 25,990 8.3% 309,108 284,125 24,983 8.1%
Sandoval 56,374 50,949 5,425 9.6% 57,007 51,833 5,174 9.1% 55,990 51,061 4,929 8.8%
Torrance 6,966 6,184 782 11.2% 7,063 6,291 772 10.9% 6,942 6,197 745 10.7%
Valencia 31,005
0 27,902
0 3,103
0 10.0%
0.0% 31,3540 28,3860 2,9680 9.5%
0.0% 30,875 27,963 2,912 9.4%
Farmington MSA 55,836
0 50,496
0 5,340
0 9.6%
0.0% 56,441
0 51,444
0 4,9970 8.9%
0.0% 55,577 50,267 5,310 9.6%
Las Cruces MSA 92,001
0 83,573
0 8,428
0 9.2%
0.0% 94,685
0 86,934
0 7,7510 8.2%
0.0% 90,620 83,204 7,416 8.2%
Santa Fe MSA 76,434
0 70,716
0 5,718
0 7.5%
0.0% 77,335
0 71,909
0 5,4260 7.0%
0.0% 75,460 70,023 5,437 7.2%
Catron 1,500 1,329 171 11.4% 1,442 1,286 156 10.8% 1,539 1,366 173 11.2%
Chaves 27,169 24,829 2,340 8.6% 27,557 25,284 2,273 8.2% 27,345 25,183 2,162 7.9%
Cibola 12,667 11,616 1,051 8.3% 12,723 11,737 986 7.7% 12,315 11,380 935 7.6%
Colfax 6,663 6,042 621 9.3% 6,661 6,069 592 8.9% 6,488 5,935 553 8.5%
Curry 21,667 20,412 1,255 5.8% 22,100 20,897 1,203 5.4% 21,724 20,530 1,194 5.5%
De Baca 818 771 47 5.7% 807 764 43 5.3% 857 803 54 6.3%
Eddy 28,987 27,341 1,646 5.7% 29,006 27,388 1,618 5.6% 28,648 26,840 1,808 6.3%
Grant 11,521 10,316 1,205 10.5% 11,498 10,335 1,163 10.1% 11,570 10,165 1,405 12.1%
Guadalupe 1,797 1,581 216 12.0% 1,826 1,617 209 11.4% 1,750 1,575 175 10.0%
Harding 378 356 22 5.8% 416 393 23 5.5% 365 343 22 6.0%
Hidalgo 2,595 2,371 224 8.6% 2,614 2,397 217 8.3% 2,501 2,279 222 8.9%
Lea 27,952 26,032 1,920 6.9% 28,358 26,446 1,912 6.7% 27,624 25,257 2,367 8.6%
Lincoln 10,779 9,987 792 7.3% 10,939 10,190 749 6.8% 10,574 9,783 791 7.5%
Los Alamos 10,295 9,883 412 4.0% 10,379 9,976 403 3.9% 10,256 9,841 415 4.0%
Luna 12,438 9,639 2,799 22.5% 12,419 10,000 2,419 19.5% 11,717 9,382 2,335 19.9%
McKinley 27,807 24,980 2,827 10.2% 27,746 25,078 2,668 9.6% 27,409 24,917 2,492 9.1%
Mora 1,995 1,635 360 18.0% 1,990 1,657 333 16.7% 1,975 1,680 295 14.9%
Otero 26,478 24,427 2,051 7.7% 26,840 24,844 1,996 7.4% 26,302 24,342 1,960 7.5%
Quay 3,995 3,586 409 10.2% 3,993 3,622 371 9.3% 4,017 3,657 360 9.0%
Rio Arriba 20,090 18,156 1,934 9.6% 20,522 18,691 1,831 8.9% 19,877 18,161 1,716 8.6%
Roosevelt 9,329 8,731 598 6.4% 9,368 8,806 562 6.0% 9,172 8,597 575 6.3%
San Miguel 13,192 11,929 1,263 9.6% 13,381 12,237 1,144 8.5% 13,115 12,006 1,109 8.5%
Sierra 5,767 5,288 479 8.3% 6,128 5,679 449 7.3% 5,731 5,304 427 7.5%
Socorro 9,439 8,789 650 6.9% 9,559 8,944 615 6.4% 9,446 8,879 567 6.0%
Taos 17,771 15,998 1,773 10.0% 17,658 16,004 1,654 9.4% 17,879 16,288 1,591 8.9%
Union 1,861 1,751 110 5.9% 1,839 1,729 110 6.0% 1,890 1,752 138 7.3%

Unemployment Rates in New Mexico (Not Seasonally Adjusted)


PRELIMINARY JANUARY 2011 REVISED DECEMBER 2010 REVISED JANUARY 2010

AREAS RANK RATE AREAS RANK RATE AREAS RANK RATE

LUNA 1 22.5% LUNA 1 19.5% LUNA 1 19.9%


MORA 2 18.0% MORA 2 16.7% MORA 2 14.9%
GUADALUPE 3 12.0% GUADALUPE 3 11.4% GRANT 3 12.1%
CATRON 4 11.4% CATRON 4 10.8% CATRON 4 11.2%
GRANT 5 10.5% GRANT 5 10.1% GUADALUPE 5 10.0%
QUAY 6 10.2% MCKINLEY 6 9.6% FARMINGTON MSA 6 9.6%
MCKINLEY 6 10.2% TAOS 7 9.4% MCKINLEY 7 9.1%
TAOS 8 10.0% QUAY 8 9.3% QUAY 8 9.0%
RIO ARRIBA 9 9.6% RIO ARRIBA 9 8.9% TAOS 9 8.9%
SAN MIGUEL 9 9.6% COLFAX 9 8.9% HIDALGO 9 8.9%
FARMINGTON MSA 9 9.6% FARMINGTON MSA 9 8.9% RIO ARRIBA 11 8.6%
COLFAX 12 9.3% SAN MIGUEL 12 8.5% LEA 11 8.6%
LAS CRUCES MSA 13 9.2% ALBUQUERQUE MSA 12 8.5% COLFAX 13 8.5%
ALBUQUERQUE MSA 14 9.0% HIDALGO 14 8.3% SAN MIGUEL 13 8.5%
STATEWIDE 8.8% CHAVES 15 8.2% ALBUQUERQUE MSA 15 8.3%
HIDALGO 15 8.6% STATEWIDE 8.2% STATEWIDE 8.3%
CHAVES 15 8.6% LAS CRUCES MSA 15 8.2% LAS CRUCES MSA 16 8.2%
SIERRA 17 8.3% CIBOLA 17 7.7% CHAVES 17 7.9%
CIBOLA 17 8.3% OTERO 18 7.4% CIBOLA 18 7.6%
OTERO 19 7.7% SIERRA 19 7.3% LINCOLN 19 7.5%
SANTA FE MSA 20 7.5% SANTA FE MSA 20 7.0% OTERO 19 7.5%
LINCOLN 21 7.3% LINCOLN 21 6.8% SIERRA 19 7.5%
SOCORRO 22 6.9% LEA 22 6.7% UNION 22 7.3%
LEA 22 6.9% SOCORRO 23 6.4% SANTA FE MSA 23 7.2%
ROOSEVELT 24 6.4% ROOSEVELT 24 6.0% EDDY 24 6.3%
UNION 25 5.9% UNION 24 6.0% DE BACA 24 6.3%
HARDING 26 5.8% EDDY 26 5.6% ROOSEVELT 24 6.3%
CURRY 26 5.8% HARDING 27 5.5% HARDING 27 6.0%
DE BACA 28 5.7% CURRY 28 5.4% SOCORRO 27 6.0%
EDDY 28 5.7% DE BACA 29 5.3% CURRY 29 5.5%
LOS ALAMOS 30 4.0% LOS ALAMOS 30 3.9% LOS ALAMOS 30 4.0%
Unemployment Rate by State New Mexico Nonagricultural Wage
(Seasonally Adjusted) and Salary Employment
January 2011 January 2010 Annual Growth Rates by Industry
State Rank Rate State Rank Rate
Nevada 1 14.2 Nevada 1 14.6
Mining & Logging 8.6
California 2 12.4 Michigan 2 13.7
Florida 3 11.9 California 3 12.3
Other Services 5.1
Rhode Island 4 11.3 Rhode Island 4 11.8
Michigan 5 10.7 South Carolina 5 11.7
Trans, Warehousing & Utilities 2.8
South Carolina 6 10.5 North Carolina 6 11.4
Georgia 7 10.4 Florida 7 11.3 Education & Health Services 2.2
Kentucky 7 10.4 Illinois 8 11.2
Oregon 7 10.4 Kentucky 9 11.0 Leisure & Hospitality 1.9
Mississippi 10 10.1 Mississippi 9 11.0
North Carolina 11 9.9 Oregon 9 11.0 Retail Trade 1.9
Idaho 12 9.7 Indiana 12 10.7
Arizona 13 9.6 Ohio 13 10.6 Manufacturing 1.1
District of Columbia 13 9.6 Georgia 14 10.4
Missouri 13 9.6 Tennessee 14 10.4 Total -0.4
West Virginia 13 9.6 Alabama 16 10.3
Tennessee 17 9.5 Arizona 16 10.3 Information -0.7
Ohio 18 9.4 District of Columbia 16 10.3
Alabama 19 9.3 Washington 19 10.0 Wholesale Trade -0.9
Colorado 20 9.1 New Jersey 20 9.8
Indiana 20 9.1 Missouri 21 9.7 Government -1.2
New Jersey 20 9.1 United States 9.7
Washington 20 9.1 Wisconsin 22 9.2 Financial Activities -2.7
Connecticut 24 9.0 Connecticut 23 9.1
Illinois 24 9.0 Colorado 24 8.9 Construction -3.7
United States 9.0 Idaho 24 8.9
New Mexico 26 8.7 New York 24 8.9 Professional & Business Services -8.0
Delaware 27 8.5 Delaware 27 8.8
Massachusetts 28 8.3 Massachusetts 27 8.8
New York 28 8.3 Pennsylvania 27 8.8
Texas 28 8.3 West Virginia 30 8.7
Pennsylvania 31 8.2 Maine 31 8.4
Arkansas 32 7.8 Alaska 32 8.2
Louisiana 32 7.8 Texas 32 8.2
Alaska 34 7.7 New Mexico 34 8.1
Utah 35 7.6 Arkansas 35 8.0 NAICS Industries
Maine 36 7.5 Utah 35 8.0
Montana 36 7.5 Minnesota 37 7.8
Wisconsin 38 7.4 Maryland 38 7.7
Maryland 39 7.2 Wyoming 39 7.6
Kansas 40 6.8 Oklahoma 40 7.3
Minnesota 41 6.7 Kansas 41 7.2
Oklahoma 42 6.6 Virginia 41 7.2
Virginia 43 6.5 Louisiana 43 7.1
Hawaii 44 6.3 Montana 44 7.0
Wyoming 44 6.3 Hawaii 45 6.9
Iowa 46 6.1 New Hampshire 46 6.7
Vermont 47 5.7 Vermont 46 6.7
New Hampshire 48 5.6 Iowa 48 6.1
South Dakota 49 4.7 South Dakota 49 5.2
Nebraska 50 4.2 Nebraska 50 5.0
North Dakota 51 3.8 North Dakota 51 4.1
Source: U.S. Department of Labor, Bureau of Labor Statistics
Nonagricultural Wage and Salary Employment
Preliminary Revised Revised Change
NEW MEXICO
Jan-11 Dec-10 Jan-10 Monthly Yearly
TOTAL NONAGRICULTURAL EMPLOYMENT 785,900 802,200 789,400 -16,300 -3,500
GOODS PRODUCING 88,800 91,800 88,600 -3,000 200
SERVICE PROVIDING 697,100 710,400 700,800 -13,300 -3,700
MINING & LOGGING 18,900 18,700 17,400 200 1,500
CONSTRUCTION 41,100 44,100 42,700 -3,000 -1,600
MANUFACTURING 28,800 29,000 28,500 -200 300

WHOLESALE TRADE 21,300 21,900 21,500 -600 -200


RETAIL TRADE 90,600 92,200 88,900 -1,600 1,700
TRANSPORTATION, WAREHOUSING & UTILITIES 22,200 22,800 21,600 -600 600
INFORMATION 14,100 14,300 14,200 -200 -100
FINANCIAL ACTIVITIES 32,400 32,200 33,300 200 -900
PROFESSIONAL & BUSINESS SERVICES 91,400 92,000 99,300 -600 -7,900
EDUCATIONAL & HEALTH SERVICES 122,000 123,600 119,400 -1,600 2,600
LEISURE & HOSPITALITY 82,200 82,500 80,700 -300 1,500
OTHER SERVICES 28,900 28,800 27,500 100 1,400
GOVERNMENT 192,000 200,100 194,400 -8,100 -2,400
Federal Government 32,700 33,000 31,800 -300 900
State Government 54,000 59,200 56,000 -5,200 -2,000
State Government Education 24,100 28,300 24,900 -4,200 -800
Local Government 105,300 107,900 106,600 -2,600 -1,300
Local Government Education 56,900 58,800 57,800 -1,900 -900

Preliminary Revised Revised Change


ALBUQUERQUE MSA
Jan-11 Dec-10 Jan-10 Monthly Yearly
TOTAL NONAGRICULTURAL EMPLOYMENT 365,400 372,800 367,700 -7,400 -2,300
GOODS PRODUCING 36,700 38,100 38,800 -1,400 -2,100
SERVICE PROVIDING 328,700 334,700 328,900 -6,000 -200
MINING, LOGGING & CONSTRUCTION 19,500 20,800 21,500 -1,300 -2,000
MANUFACTURING 17,200 17,300 17,300 -100 -100
WHOLESALE TRADE 12,400 12,400 12,200 0 200
RETAIL TRADE 41,300 42,400 40,700 -1,100 600
TRANSPORTATION, WAREHOUSING & UTILITIES 9,300 9,600 9,400 -300 -100
INFORMATION 8,200 8,200 8,900 0 -700
FINANCIAL ACTIVITIES 17,400 17,600 18,100 -200 -700
PROFESSIONAL & BUSINESS SERVICES 54,600 55,800 56,700 -1,200 -2,100
EDUCATIONAL AND HEALTH SERVICES 54,900 54,800 54,200 100 700
LEISURE AND HOSPITALITY 36,700 37,500 35,500 -800 1,200
OTHER SERVICES 11,600 11,700 11,700 -100 -100
GOVERNMENT 82,300 84,700 81,500 -2,400 800
Federal Government 15,300 15,400 15,200 -100 100
State Government 24,900 27,000 24,700 -2,100 200
Local Government 42,100 42,300 41,600 -200 500
Nonagricultural Wage and Salary Employment
Preliminary Revised Revised Change
LAS CRUCES MSA
Jan-11 Dec-10 Jan-10 Monthly Yearly
TOTAL NONAGRICULTURAL EMPLOYMENT 67,100 69,900 67,100 -2,800 0
GOODS PRODUCING 6,200 6,300 6,300 -100 -100
SERVICE PROVIDING 60,900 63,600 60,800 -2,700 100
MINING, LOGGING & CONSTRUCTION 3,600 3,600 3,400 0 200
MANUFACTURING 2,600 2,700 2,900 -100 -300
WHOLESALE TRADE 1,200 1,200 1,200 0 0
RETAIL TRADE 6,900 7,100 6,800 -200 100
TRANSPORTATION, WAREHOUSING & UTILITIES 1,700 1,700 1,700 0 0
INFORMATION 800 900 900 -100 -100
FINANCIAL ACTIVITIES 2,300 2,300 2,300 0 0
PROFESSIONAL & BUSINESS SERVICES 7,500 7,500 7,700 0 -200
EDUCATIONAL & HEALTH SERVICES 11,800 11,900 11,600 -100 200
LEISURE & HOSPITALITY 7,000 7,100 6,900 -100 100
OTHER SERVICES 1,600 1,600 1,500 0 100
GOVERNMENT 20,100 22,300 20,200 -2,200 -100
Federal 4,100 4,100 4,100 0 0
State 7,200 9,400 7,100 -2,200 100
Local 8,800 8,800 9,000 0 -200
Preliminary Revised Revised Change
SANTA FE MSA
Jan-11 Dec-10 Jan-10 Monthly Yearly
TOTAL NONAGRICULTURAL EMPLOYMENT 59,300 60,800 58,900 -1,500 400
GOODS PRODUCING 3,600 3,800 3,500 -200 100
SERVICE PROVIDING 55,700 57,000 55,400 -1,300 300
MINING, LOGGING & CONSTRUCTION 2,800 3,000 2,700 -200 100
MANUFACTURING 800 800 800 0 0
WHOLESALE TRADE 1,000 1,000 1,000 0 0
RETAIL TRADE 8,400 8,700 8,400 -300 0
TRANSPORTATION, WAREHOUSING & UTILITIES 700 700 700 0 0
INFORMATION 900 1,000 1,100 -100 -200
FINANCIAL ACTIVITIES 2,600 2,600 2,600 0 0
PROFESSIONAL & BUSINESS SERVICES 4,200 4,300 4,100 -100 100
EDUCATIONAL & HEALTH SERVICES 10,100 10,400 9,700 -300 400
LEISURE & HOSPITALITY 8,700 8,800 8,700 -100 0
OTHER SERVICES 2,800 2,900 2,800 -100 0
GOVERNMENT 16,300 16,600 16,300 -300 0
Federal 1,000 1,100 1,100 -100 -100
State 8,200 8,300 8,100 -100 100
Local 7,100 7,200 7,100 -100 0
Preliminary Revised Revised Change
FARMINGTON MSA
Jan-11 Dec-10 Jan-10 Monthly Yearly
TOTAL NONAGRICULTURAL EMPLOYMENT 47,500 48,600 47,400 -1,100 100
TOTAL PRIVATE 36,700 37,100 36,500 -400 200
GOODS PRODUCING 10,100 10,300 10,300 -200 -200
SERVICE PROVIDING 37,400 38,300 37,100 -900 300
PRIVATE SERVICE PROVIDING 26,600 26,800 26,200 -200 400
GOVERNMENT 10,800 11,500 10,900 -700 -100
Federal 1,700 1,800 1,600 -100 100
State 500 500 500 0 0
Local 8,600 9,200 8,800 -600 -200
Nonagricultural Wage and Salary Employment
- Seasonally Adjusted -
Preliminary Revised Monthly
NEW MEXICO Jan-11 Dec-10 Change
TOTAL NONAGRICULTURAL EMPLOYMENT* 799,100 796,900 2,200
MINING & LOGGING 18,900 18,600 300
CONSTRUCTION 43,200 43,900 -700
MANUFACTURING 29,200 29,200 0
TRADE, TRANSPORTATION & UTILITIES 135,200 133,800 1,400
Wholesale Trade 21,400 21,900 -500
Retail Trade 91,600 89,700 1,900
Transportation, Warehousing & Utilities 22,200 22,200 0
INFORMATION (Not Seasonally Adjusted) 14,100 14,300 -200
FINANCIAL ACTIVITIES 32,700 32,300 400
PROFESSIONAL & BUSINESS SERVICES 93,200 91,700 1,500
EDUCATION & HEALTH SERVICES 121,900 122,400 -500
LEISURE & HOSPITALITY 85,000 83,800 1,200
OTHER SERVICES 29,700 29,000 700
GOVERNMENT 196,000 197,900 -1,900
Federal Government 33,500 33,400 100
State Government 56,200 57,800 -1,600
Local Government 106,300 106,700 -400
ALBUQUERQUE 370,600 368,800 1,800
FARMINGTON 48,400 48,300 100
LAS CRUCES 69,000 68,900 100
SANTA FE 60,800 60,700 100

* Total includes the Information sector, which is not seasonally adjusted.

Average Hours and Earnings


Prepared in cooperation with the U.S. Bureau of Labor Statistics

AVERAGE WEEKLY EARNINGS AVERAGE WEEKLY HOURS AVERAGE HOURLY EARNINGS


NEW MEXICO Jan 11 Dec 10 Jan 10 Jan 11 Dec 10 Jan 10 Jan 11 Dec 10 Jan 10
MANUFACTURING $621.52 $621.73 $595.57 38.7 39.3 38.3 $16.06 $15.82 $15.55

U.S. Consumer Price Index


Index Base Year 1982-84 = 100 PERCENT CHANGE
Jan 11 Dec 10 Jan 10 Month to Month Year to Year
CPI-U 220.2 219.2 216.7 0.5% 1.6%
CPI-W 216.4 215.3 212.6 0.5% 1.8%
*CPI-U - All Urban Consumers *CPI-W - Urban Wage Earners and Clerical Workers - Source: U.S. Department of Labor, Bureau of Labor Statistics

7.0 CPI-U Y ear-to-Y ear Percent Change

6.0

5.0

4.0

3.0

2.0

1.0

0.0

-1.0

-2.0

-3.0

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