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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: April 21, 2011
New Mexico
New Mexico’s seasonally adjusted unemployment rate was 8.1 other services category added 1,200 jobs, and the transportation,
percent in March 2011, down from 8.7 percent in February and 8.2 warehousing & utilities industry gained 500 jobs.
percent a year ago. The national unemployment rate dropped to
8.8 percent. The over-the-month unemployment rate decline was The financial activities industry briefly posted a gain in February
unusually large and may be subject to later revision. The March following three years of job losses, but in March it reverted to no
unemployment rate estimate fell to a level similar to those posted net increase. The remaining four private-sector industries each
early last year. The rate gradually increased through the remainder recorded declining employment. The professional & business
of 2010 before peaking in January 2011. The next several months services industry reported employment that was down 6,600 jobs
will provide additional insight regarding local labor market from last year. Construction was down 1,900 jobs over the year,
conditions. which was actually an improvement from the 6,600 jobs lost
during the preceding 12 months ending in March 2010. Smaller
The rate of over-the-year job growth, comparing March 2011 losses were reported in the information industry, down 500 jobs,
with March 2010, was still negative but rounded to 0.0 percent, and the manufacturing industry, down 300.
representing a loss of just 300 jobs. This shows an improvement
following more than two years of job losses in the thousands. Government employment slipped by 2,800 jobs from its year-
Also, as was expected, last month’s job count was revised upward, ago total, with job losses reported at all levels. State government
resulting in a small total job loss from February 2010 to February reported 1,900 fewer jobs, while local government, the largest of
2011. the three public-sector components, posted a loss of 500 jobs.

The recovery is progressing slowly because of the absence of


any one sector of the economy leading the way to more rapid
job growth. Previously, the construction industry had helped us
through difficult times, but not during this recovery. A number of
industries are now cautiously adding jobs, but there is still evidence
of restraint. Other industries have continued to shed jobs, but most
have tapered the losses on the way to eventually growing again.

As the private sector recovers, government coffers remain depleted,


so public spending on new projects is increasingly difficult in the
absence of new stimulus funds. The Census 2010 employment
boost ended long ago. The health services industry had created
enough jobs to carry us through previous slowdowns, but the
industry is currently going through a period of more moderate
growth.
Federal government employment was down 400 jobs from this
As jobs return, new industries will continue to come to the time last year, when census work was just getting started.
forefront, and the industries that lost the most jobs during the
recession, such as construction, may remain depressed for some
time. March employment data included seven growing and five
declining industries, along with one that was unchanged over the
year.

The leisure & hospitality industry added 3,500 jobs over the year,
which was more than for any other industry. Following a close
second, the educational & health services industry added 3,300
jobs. Retail trade has made a comeback from previous losses to
now report 1,700 additional jobs, while wholesale trade posted
gains totaling 200 jobs. The mining industry reported another gain,
up 1,400 jobs, following 14 months of losses that ended in 2010.
Earlier losses had been as high as 5,000 jobs. The miscellaneous
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: April 21, 2011
Albuquerque MSA (Bernalillo, Sandoval, Torrance, and Valencia Counties)
The seasonally adjusted unemployment rate for the Albuquerque Professional & business services posted a large month-to-month
MSA was 8.5 percent in March, down from 9.0 percent in gain in March, narrowing its over-the-year decline to 900 jobs or
February. The 0.5 percentage point drop was possibly due, at least 1.6 percent and regaining its position as the Albuquerque area’s
in part, to a statistical anomaly in Current Population Survey data, largest private-sector industry. The industry may finally be seeing
which showed a steep drop in unemployed persons statewide from the boost in employment that is typically driven by increased
February to March. The seasonally adjusted unemployment rate demand for temporary help services early in an economic recovery.
also stood at 8.5 percent a year ago. Professional & business services last reported an employment
increase in October 2008. Over-the-year growth turned negative
Nonfarm payroll employment in March was down 3,000 jobs or 0.8 the following month and then declined at an increasing rate for
percent over the year. The Albuquerque area’s rate of employment each subsequent month until reaching a series-worst negative 9.7
growth remained virtually unchanged for the fifth straight month percent in October 2009. Recovery has been uneven, but the March
and was up only slightly from its mid-2010 level. The March decline is the industry’s best showing since November 2009, the
decline marked 30 consecutive months of negative growth, as just first of its 29 consecutive months in negative territory.
two of the 12 major industry divisions reported gains, seven posted
losses, and three were unchanged. Financial activities employment was down 800 jobs or 4.4 percent
from March 2010, slightly worse than the 3.9 percent drop in
A large over-the-month gain pushed leisure & hospitality 1,100 February. Industry employment remained at 17,300 for the third
jobs or 3.0 percent above its year-ago level, an improvement from a consecutive month, its lowest level since January 1996. Financial
revised 2.5 percent increase in February. This was the only private- activities comprises the finance and insurance (NAICS 52) and
sector industry to record positive over-the-year growth in March. real estate and rental and leasing (NAICS 53) sectors.
Leisure & hospitality has now posted five consecutive months of
solid employment gains after finally stabilizing in late 2010. After considerable over-the-year slowing in 2010, educational &
health services employment growth dropped closer to the zero line
Government recorded an increase of 800 jobs or 1.0 percent over in January and February before finally turning negative in March.
the year, with most of the growth again coming from its largest The industry was down 700 jobs or 1.3 percent in posting its first
component, local government, which was up 600 jobs or 1.4 percent. instance of negative growth during the current series. Educational
State government also reported a gain, up 200 jobs or 0.7 percent, & health services had surpassed professional & business services
while federal government remained at its March 2010 employment as the area’s largest private-sector employer in February, but it
level. Despite only modest growth in recent months, government’s dropped back into second place in March.
share of total nonfarm employment has continued to rise because
of ongoing weakness in the private sector. Government’s share Transportation, warehousing & utilities was down 200 jobs or
averaged just over 20 percent for several years prior to the onset of 2.1 percent over the year, while information, down 1.2 percent,
the national recession in December 2007. It then increased to 20.6 and manufacturing, down 0.6 percent, were each off by 100 jobs.
percent in 2008, 21.9 percent in 2009, and 22.5 percent in 2010. The three remaining industries—wholesale trade, retail trade, and
Current year estimates have resulted in additional increases, with miscellaneous other services—were unchanged from their year-
the public sector’s employment share rising to a series high of 23.1 ago employment levels.
percent for both February and March.

The construction industry contracted further in March, falling by


2,100 jobs or 10.0 percent over the year. Employment slipped below
the 19,000 threshold to 18,800, its lowest total since August 1993,
as the industry logged its fifty-first consecutive month of negative
growth. Despite this gloomy backdrop, one recent development
does bode well for improvement in the coming months. Forest
City Covington broke ground in late March on its long-anticipated
residential community at Mesa del Sol. The first phase of the
project will result in 250 new homes, while long-range plans call
for the eventual construction of 37,500 houses, apartments, and
condominiums. Model homes may be open as early as the fourth
quarter of this 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: April 21, 2011
Las Cruces MSA (Doña Ana County)
The seasonally adjusted unemployment rate in the Las Cruces MSA was 8.3 percent in March 2011, down from a revised 8.7 percent in
February. A year ago, the local unemployment rate was 7.8 percent.

Over the month, the Las Cruces economy gained 400 jobs, with the increase evenly split between the private and public sectors. State
government was the sole contributor in the public sector, with an over-the-month employment increase of 200 jobs or 2.2 percent. In
the private sector, educational & health services and leisure & hospitality each added 100 jobs, growing 0.8 percent and 1.4 percent,
respectively. The remaining industries were unchanged over the month.

Over the year, Las Cruces MSA employment was flat, with no job growth or decline. The local area had reported over-the-year
gains for each month since January 2010 before employment fell to zero for March. Over the year, six of the 12 industries expanded
employment, three were unchanged, and three lost jobs.

Educational & health services, up 1.7 percent over the year, led the gainers with an increase of 200 jobs since this time last year.
Construction, up 2.9 percent; wholesale trade, up 9.1 percent; retail trade, up 1.5 percent; leisure & hospitality, up 1.4 percent; and
miscellaneous other services, up 6.7 percent, each gained 100 jobs from their year-ago levels.

The declining industries were manufacturing, down 300 jobs or 10.7 percent; professional & business services, down 100 jobs or 1.3
percent; and government, down 300 jobs or 1.3 percent. Among public-sector components, federal government shed 200 jobs, down
4.7 percent; state government added 100 jobs, up 1.1 percent; and local government trimmed 200 jobs, down 2.2 percent. Three other
industries—information; transportation, warehousing & utilities; and financial activities—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: April 21, 2011
Santa Fe MSA (Santa Fe County)
The seasonally adjusted unemployment rate in Santa Fe was 6.7 percent for March 2011, down from 7.2 percent in February and 6.9
percent a year ago.

Over the month, Santa Fe’s employment increased 500 jobs. The gaining industries were leisure & hospitality, up 300 jobs; retail
trade, up 200 jobs; educational & health services, up 100 jobs; and professional & business services, also up 100 jobs. Construction;
manufacturing; wholesale trade; transportation, warehousing and utilities; information; financial activities; and miscellaneous other
services each remained unchanged, while government was the sole loser, down 200 jobs. Federal and state government each lost 100
jobs over the month, while local government remained unchanged.

Over the year, the rate of job growth for Santa Fe was 1.3 percent, representing a gain of 800 jobs. This is the sixth consecutive month
of over-the-year job gains after 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.

Santa Fe had six industries—educational & health services, leisure & hospitality, retail trade, construction, manufacturing, and
miscellaneous other services—that reported over-the-year employment gains in March. The educational & health services industry and
leisure & hospitality each contributed 500 jobs to the total, construction and retail each added 200, and manufacturing and miscellaneous
other services each added 100. Educational & health services posted over-the-year growth of 5.0 percent and leisure & hospitality 5.8
percent. The goods-producing industries—construction and manufacturing—expanded by 7.7 percent and 14.3 percent, respectively.
Retail trade was up 2.4 percent and miscellaneous other services 3.6 percent.

The information industry, down 500 jobs from last year, and government, down 300 jobs, reported losses. The information industry fell
to negative 35.7 percent growth over the year. Federal government was down 200 jobs or 16.7 percent over the year, likely from census-
related declines, and state government was down 100 jobs or 1.2 percent. Wholesale trade; transportation, warehousing & utilities;
financial activities; and professional & business services remained at their year-ago employment 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: April 21, 2011
Farmington MSA (San Juan County)
The seasonally adjusted unemployment rate in the Farmington MSA was 9.2 percent in March 2011, down from a revised 9.7 percent in
February 2011 and 9.9 percent a year ago.

Over the month, the Farmington area gained 200 jobs. Private service-providing industries added 200 jobs, while goods-producing
industries lost 100 jobs. Local government added 100 jobs and was the only public-sector component to record a change. The federal
and state levels were unchanged from February.

Over the year, total employment in the Farmington area increased by 400 jobs or 0.8 percent. The area has now posted gains for four
straight months after ending 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 as large as 3,200 jobs. Private
service-providing industries were up 300 jobs from last year. The government sector reported a gain of 300 jobs, with federal and local
government up 100 and 200, respectively, and state government unchanged from last year.
New Mexico – Seasonally Adjusted Total Nonfarm Employment
Labor Force, Employment, Growth Rankings
Unemployment & Unemployment Rate New Mexico and United States

Civilian Un- Unadj. March March %


Labor Employ- employ- Rate Rate State Rank 2010 2011 Change Change
Force ment ment % %
North Dakota 1 366.0 381.4 15.4 4.2%
Vermont 2 295.0 303.4 8.4 2.8%
1990 711,891 663,698 48,193 6.8% Alaska 3 309.5 317.6 8.1 2.6%
1991 719,243 667,698 51,545 7.2% Texas 4 10,266.7 10,504.0 237.3 2.3%
1992 735,447 680,463 54,984 7.5% Kentucky 5 1,743.4 1,781.9 38.5 2.2%
1993 755,053 700,258 54,795 7.3% Michigan 6 3,786.0 3,861.7 75.7 2.0%
1994 776,827 725,387 51,440 6.6% Oregon 7 1,579.3 1,608.3 29.0 1.8%
1995 798,621 744,557 54,064 6.8% Connecticut 8 1,575.2 1,601.3 26.1 1.7%
1996 812,862 751,826 61,036 7.5% Utah 9 1,168.5 1,187.6 19.1 1.6%
1997 822,627 768,596 54,031 6.6% Arkansas 10 1,154.0 1,171.4 17.4 1.5%
1998 835,879 783,661 52,218 6.2% Ohio 10 4,945.3 5,018.5 73.2 1.5%
1999 839,988 793,052 46,936 5.6% Pennsylvania 12 5,539.7 5,619.5 79.8 1.4%
2000 852,293 810,024 42,269 5.0% California 12 13,808.0 13,999.0 191.0 1.4%
2001 863,682 821,003 42,679 4.9% Illinois 12 5,515.5 5,590.8 75.3 1.4%
2002 871,512 823,191 48,321 5.5% Nebraska 12 926.4 939.0 12.6 1.4%
2003 888,468 835,835 52,633 5.9% South Carolina 16 1,788.7 1,812.5 23.8 1.3%
2004 901,833 849,970 51,863 5.8% Oklahoma 16 1,518.4 1,537.5 19.1 1.3%
2005 913,453 866,349 47,104 5.2% Hawaii 16 588.4 595.8 7.4 1.3%
2006 924,516 886,708 37,808 4.1% Delaware 19 403.9 408.9 5.0 1.2%
2007 933,616 901,704 31,912 3.4% Tennessee 19 2,585.2 2,615.2 30.0 1.2%
2008 952,217 909,809 42,408 4.5% New Hampshire 19 612.4 619.5 7.1 1.2%
2009 942,273 876,218 66,055 7.0% Indiana 19 2,755.0 2,786.7 31.7 1.2%
Virginia 23 3,586.1 3,627.1 41.0 1.1%
2010 JAN 946,360 869,464 76,896 8.1% 8.3% Washington 23 2,747.5 2,778.8 31.3 1.1%
FEB 949,344 871,702 77,642 8.2% 8.5% Iowa 23 1,449.8 1,465.2 15.4 1.1%
MAR 951,919 873,638 78,281 8.2% 8.4% Wyoming 23 274.4 277.3 2.9 1.1%
APR 953,519 874,626 78,893 8.3% 8.1% United States 128,584.0 129,907.0 1,323.0 1.0%
MAY 954,066 874,589 79,477 8.3% 8.2% Wisconsin 27 2,677.6 2,704.2 26.6 1.0%
JUN 953,926 873,890 80,036 8.4% 8.8% Massachusetts 27 3,130.4 3,160.3 29.9 1.0%
JUL 953,605 873,011 80,594 8.5% 9.0% North Carolina 29 3,838.8 3,873.8 35.0 0.9%
AUG 953,727 872,597 81,130 8.5% 8.7% Idaho 29 591.9 597.2 5.3 0.9%
SEP 954,325 872,719 81,606 8.6% 8.2% District of Columbia 29 703.6 709.7 6.1 0.9%
OCT 955,118 873,107 82,011 8.6% 8.2% Mississippi 32 1,086.2 1,095.4 9.2 0.8%
NOV 955,788 873,432 82,356 8.6% 8.4% Minnesota 32 2,581.3 2,601.2 19.9 0.8%
DEC 956,479 873,840 82,639 8.6% 8.2% South Dakota 32 392.1 395.1 3.0 0.8%
New York 35 8,444.3 8,503.1 58.8 0.7%
2011 JAN 955,756 872,952 82,804 8.7% 8.8% Colorado 36 2,201.2 2,215.2 14.0 0.6%
FEB 955,544 872,765 82,779 8.7% 8.8% West Virginia 36 737.3 741.9 4.6 0.6%
MAR 951,652 874,122 77,530 8.1% 7.4% Florida 36 7,214.5 7,258.8 44.3 0.6%
APR Alabama 36 1,860.7 1,871.1 10.4 0.6%
MAY Missouri 36 2,632.4 2,646.9 14.5 0.6%
JUN Montana 41 419.7 422.0 2.3 0.5%
JUL Nevada 41 1,108.6 1,114.4 5.8 0.5%
AUG Louisiana 43 1,881.4 1,889.6 8.2 0.4%
SEP Maine 43 574.8 577.1 2.3 0.4%
OCT Rhode Island 43 450.2 451.8 1.6 0.4%
NOV Georgia 46 3,801.2 3,812.7 11.5 0.3%
DEC Maryland 46 2,479.8 2,486.9 7.1 0.3%
Arizona 48 2,392.9 2,397.9 5.0 0.2%
New Jersey 49 3,798.5 3,800.0 1.5 0.0%
# CHANGE FROM New Mexico 49 801.1 800.8 -0.3 0.0%
Month Ago -3,892 1,357 -5,249 -0.6% -1.4% Kansas 51 1,314.6 1,309.4 -5.2 -0.4%
Year Ago -267 484 -751 -0.1% -1.0% Source: U.S. Department of Labor, Bureau of Labor Statistics
2 Yrs. Ago 7,920 -10,807 18,727 1.9% 1.0% Employment numbers are not seasonally adjusted.
3 Yrs. Ago 3,597 -38,358 41,955 4.3% 3.5% Employment numbers are in thousands.

% CHANGE FROM
Month Ago -0.4% 0.2% -6.3%
Year Ago 0.0% 0.1% -1.0%
2 Yrs. Ago 0.8% -1.2% 31.8%
3 Yrs. Ago 0.4% -4.2% 117.9%
New Mexico Labor Force Estimates – Not Seasonally Adjusted

PRELIMINARY MARCH 2011 REVISED FEBRUARY 2011 REVISED MARCH 2010


Labor Force Empl. Unemp. Rate Labor Force Empl. Unemp. Rate Labor Force Empl. Unemp. Rate

STATEWIDE 939,171
0 869,607
0 69,564
0 7.4%
0.0% 951,461
0 867,264
0 84,1970 8.8%
0.0% 945,967 866,411 79,556 8.4%
Albuquerque MSA 400,944 370,069 30,875 7.7% 406,754 369,616 37,138 9.1% 405,280 370,573 34,707 8.6%
Bernalillo 307,587 284,681 22,906 7.4% 311,809 284,332 27,477 8.8% 310,872 285,068 25,804 8.3%
Sandoval 55,879 51,161 4,718 8.4% 56,755 51,098 5,657 10.0% 56,403 51,231 5,172 9.2%
Torrance 6,850 6,210 640 9.3% 7,012 6,202 810 11.6% 6,917 6,218 699 10.1%
Valencia 30,629
0 28,018
0 2,611
0 8.5%
0.0% 31,177
0 27,984
0 3,1930 10.2%
0.0% 31,088 28,056 3,032 9.8%
Farmington MSA 55,879
0 51,435
0 4,444
0 8.0%
0.0% 56,538
0 51,163
0 5,3750 9.5%
0.0% 56,390 50,839 5,551 9.8%
Las Cruces MSA 92,981
0 85,982
0 6,999
0 7.5%
0.0% 94,184
0 85,675
0 8,5090 9.0%
0.0% 93,229 85,517 7,712 8.3%
Santa Fe MSA 77,114
0 72,378
0 4,736
0 6.1%
0.0% 77,405
0 71,565
0 5,8400 7.5%
0.0% 76,381 70,882 5,499 7.2%
Catron 1,451 1,310 141 9.7% 1,483 1,303 180 12.1% 1,539 1,374 165 10.7%
Chaves 26,776 24,943 1,833 6.8% 27,177 24,888 2,289 8.4% 27,453 25,293 2,160 7.9%
Cibola 12,501 11,648 853 6.8% 12,671 11,623 1,048 8.3% 12,421 11,456 965 7.8%
Colfax 6,569 6,037 532 8.1% 6,642 6,001 641 9.7% 6,500 5,930 570 8.8%
Curry 21,707 20,697 1,010 4.7% 21,814 20,540 1,274 5.8% 21,763 20,620 1,143 5.3%
De Baca 815 781 34 4.2% 825 778 47 5.7% 852 804 48 5.6%
Eddy 28,497 27,227 1,270 4.5% 29,000 27,390 1,610 5.6% 28,660 26,876 1,784 6.2%
Grant 12,045 11,063 982 8.2% 12,018 10,814 1,204 10.0% 11,738 10,385 1,353 11.5%
Guadalupe 1,791 1,598 193 10.8% 1,807 1,580 227 12.6% 1,750 1,584 166 9.5%
Harding 378 360 18 4.8% 382 360 22 5.8% 363 346 17 4.7%
Hidalgo 2,520 2,329 191 7.6% 2,581 2,350 231 9.0% 2,499 2,291 208 8.3%
Lea 27,604 26,113 1,491 5.4% 28,045 26,159 1,886 6.7% 28,052 25,759 2,293 8.2%
Lincoln 10,598 9,963 635 6.0% 10,704 9,912 792 7.4% 10,598 9,798 800 7.5%
Los Alamos 10,162 9,856 306 3.0% 10,301 9,888 413 4.0% 10,201 9,823 378 3.7%
Luna 12,468 9,863 2,605 20.9% 12,700 9,778 2,922 23.0% 12,358 9,711 2,647 21.4%
McKinley 27,179 24,819 2,360 8.7% 27,690 24,857 2,833 10.2% 27,284 24,718 2,566 9.4%
Mora 1,973 1,650 323 16.4% 1,999 1,640 359 18.0% 2,042 1,717 325 15.9%
Otero 26,037 24,391 1,646 6.3% 26,545 24,493 2,052 7.7% 26,331 24,443 1,888 7.2%
Quay 3,908 3,570 338 8.6% 3,994 3,579 415 10.4% 4,047 3,674 373 9.2%
Rio Arriba 19,932 18,236 1,696 8.5% 20,275 18,280 1,995 9.8% 20,047 18,273 1,774 8.8%
Roosevelt 9,467 9,041 426 4.5% 9,496 8,939 557 5.9% 9,485 8,945 540 5.7%
San Miguel 13,400 12,347 1,053 7.9% 13,516 12,243 1,273 9.4% 13,607 12,490 1,117 8.2%
Sierra 5,784 5,383 401 6.9% 5,824 5,332 492 8.4% 5,723 5,302 421 7.4%
Socorro 9,301 8,801 500 5.4% 9,490 8,861 629 6.6% 9,518 8,973 545 5.7%
Taos 17,547 15,967 1,580 9.0% 17,736 15,909 1,827 10.3% 17,918 16,209 1,709 9.5%
Union 1,845 1,754 91 4.9% 1,864 1,747 117 6.3% 1,940 1,808 132 6.8%

Unemployment Rates in New Mexico (Not Seasonally Adjusted)


PRELIMINARY MARCH 2011 REVISED FEBRUARY 2011 REVISED MARCH 2010

AREAS RANK RATE AREAS RANK RATE AREAS RANK RATE

LUNA 1 20.9% LUNA 1 23.0% LUNA 1 21.4%


MORA 2 16.4% MORA 2 18.0% MORA 2 15.9%
GUADALUPE 3 10.8% GUADALUPE 3 12.6% GRANT 3 11.5%
CATRON 4 9.7% CATRON 4 12.1% CATRON 4 10.7%
TAOS 5 9.0% QUAY 5 10.4% FARMINGTON MSA 5 9.8%
MCKINLEY 6 8.7% TAOS 6 10.3% TAOS 6 9.5%
QUAY 7 8.6% MCKINLEY 7 10.2% GUADALUPE 6 9.5%
RIO ARRIBA 8 8.5% GRANT 8 10.0% MCKINLEY 8 9.4%
GRANT 9 8.2% RIO ARRIBA 9 9.8% QUAY 9 9.2%
COLFAX 10 8.1% COLFAX 10 9.7% RIO ARRIBA 10 8.8%
FARMINGTON MSA 11 8.0% FARMINGTON MSA 11 9.5% COLFAX 10 8.8%
SAN MIGUEL 12 7.9% SAN MIGUEL 12 9.4% ALBUQUERQUE MSA 12 8.6%
ALBUQUERQUE MSA 13 7.7% ALBUQUERQUE MSA 13 9.1% STATEWIDE 8.4%
HIDALGO 14 7.6% LAS CRUCES MSA 14 9.0% HIDALGO 13 8.3%
LAS CRUCES MSA 15 7.5% HIDALGO 14 9.0% LAS CRUCES MSA 13 8.3%
STATEWIDE 7.4% STATEWIDE 8.8% SAN MIGUEL 15 8.2%
SIERRA 16 6.9% SIERRA 16 8.4% LEA 15 8.2%
CHAVES 17 6.8% CHAVES 16 8.4% CHAVES 17 7.9%
CIBOLA 17 6.8% CIBOLA 18 8.3% CIBOLA 18 7.8%
OTERO 19 6.3% OTERO 19 7.7% LINCOLN 19 7.5%
SANTA FE MSA 20 6.1% SANTA FE MSA 20 7.5% SIERRA 20 7.4%
LINCOLN 21 6.0% LINCOLN 21 7.4% SANTA FE MSA 21 7.2%
LEA 22 5.4% LEA 22 6.7% OTERO 21 7.2%
SOCORRO 22 5.4% SOCORRO 23 6.6% UNION 23 6.8%
UNION 24 4.9% UNION 24 6.3% EDDY 24 6.2%
HARDING 25 4.8% ROOSEVELT 25 5.9% SOCORRO 25 5.7%
CURRY 26 4.7% CURRY 26 5.8% ROOSEVELT 25 5.7%
ROOSEVELT 27 4.5% HARDING 26 5.8% DE BACA 27 5.6%
EDDY 27 4.5% DE BACA 28 5.7% CURRY 28 5.3%
DE BACA 29 4.2% EDDY 29 5.6% HARDING 29 4.7%
LOS ALAMOS 30 3.0% LOS ALAMOS 30 4.0% LOS ALAMOS 30 3.7%
Unemployment Rate by State New Mexico Nonagricultural Wage
(Seasonally Adjusted) and Salary Employment
March 2011 March 2010 Annual Growth Rates by Industry
State Rank Rate State Rank Rate
Nevada 1 13.2 Nevada 1 14.8
Mining & Logging 8.0
California 2 12.0 Michigan 2 13.3
Florida 3 11.1 California 3 12.4
Other Services 4.3
Rhode Island 4 11.0 Rhode Island 4 11.8
Michigan 5 10.3 South Carolina 5 11.5 Leisure & Hospitality 4.2
Kentucky 6 10.2 Florida 6 11.3
Mississippi 6 10.2 North Carolina 6 11.3 Education & Health Services 2.7
Georgia 8 10.0 Illinois 8 11.0
Oregon 8 10.0 Oregon 8 11.0 Trans, Warehousing & Utilities 2.3
South Carolina 10 9.9 Kentucky 10 10.8
Idaho 11 9.7 Mississippi 10 10.8 Retail Trade 1.9
North Carolina 11 9.7 Indiana 12 10.6
Arizona 13 9.5 Ohio 13 10.5 Wholesale Trade 0.9
District of Columbia 13 9.5 Georgia 14 10.2
Tennessee 13 9.5 Tennessee 14 10.2 Financial Activities 0.0
New Jersey 16 9.3 Arizona 16 10.1
Alabama 17 9.2 District of Columbia 16 10.1 Total 0.0
Colorado 17 9.2 Alabama 18 10.0
Washington 17 9.2 Washington 19 9.9 Manufacturing -1.1
Connecticut 20 9.1 New Jersey 20 9.7
Missouri 20 9.1 United States 9.7 Government -1.4
West Virginia 20 9.1 Missouri 21 9.6
Information -3.4
Ohio 23 8.9 Connecticut 22 9.2
Illinois 24 8.8 Colorado 23 9.0
Construction -4.5
United States 8.8 Idaho 23 9.0
Indiana 25 8.5 Wisconsin 23 9.0
Professional & Business Services -6.7
Delaware 26 8.4 New York 26 8.8
Louisiana 27 8.1 Pennsylvania 26 8.8
New Mexico 27 8.1 West Virginia 26 8.8
Texas 27 8.1 Massachusetts 29 8.7
Massachusetts 30 8.0 Delaware 30 8.6
New York 30 8.0 Maine 31 8.3
Arkansas 32 7.8 Alaska 32 8.2
Pennsylvania 32 7.8 New Mexico 32 8.2
Maine 34 7.6 Texas 32 8.2 NAICS Industries
Utah 34 7.6 Utah 35 8.0
Alaska 36 7.4 Arkansas 36 7.9 Construction
Montana 36 7.4 Maryland 37 7.6 5% Manufacturing
Wisconsin 36 7.4 Minnesota 37 7.6 4%
Government Wholesale Trade
Maryland 39 6.9 Oklahoma 39 7.3 25% 3%
Kansas 40 6.8 Wyoming 39 7.3
Retail Trade
Minnesota 41 6.6 Kansas 41 7.2 11%
Hawaii 42 6.3 Louisiana 41 7.2
Virginia 42 6.3 Montana 43 7.1 Trans, Warehousing
Other & Utilities 3%
Wyoming 44 6.2 Virginia 43 7.1
Services Information
Iowa 45 6.1 Hawaii 45 6.8
4% 2%
Oklahoma 45 6.1 Vermont 46 6.6
Vermont 47 5.4 New Hampshire 47 6.4 Mining & Logging Financial Activities
New Hampshire 48 5.2 Iowa 48 6.1 2% 4%
South Dakota 49 4.9 South Dakota 49 5.1
Prof & Business
Nebraska 50 4.2 Nebraska 50 4.9 Services
Leisure &
North Dakota 51 3.6 North Dakota 51 4.0 Education & Health 12%
Hospitality
Source: U.S. Department of Labor, Bureau of Labor Statistics Services
11%
15%
Nonagricultural Wage and Salary Employment
Preliminary Revised Revised Change
NEW MEXICO
Mar-11 Feb-11 Mar-10 Monthly Yearly
TOTAL NONAGRICULTURAL EMPLOYMENT 800,800 795,600 801,100 5,200 -300
GOODS PRODUCING 87,600 87,500 88,400 100 -800
SERVICE PROVIDING 713,200 708,100 712,700 5,100 500
MINING & LOGGING 19,000 19,000 17,600 0 1,400
CONSTRUCTION 40,400 40,500 42,300 -100 -1,900
MANUFACTURING 28,200 28,000 28,500 200 -300

WHOLESALE TRADE 21,800 21,800 21,600 0 200


RETAIL TRADE 90,400 89,800 88,700 600 1,700
TRANSPORTATION, WAREHOUSING & UTILITIES 22,000 22,100 21,500 -100 500
INFORMATION 14,200 14,300 14,700 -100 -500
FINANCIAL ACTIVITIES 33,300 33,300 33,300 0 0
PROFESSIONAL & BUSINESS SERVICES 92,500 91,600 99,100 900 -6,600
EDUCATIONAL & HEALTH SERVICES 123,700 123,400 120,400 300 3,300
LEISURE & HOSPITALITY 85,900 83,300 82,400 2,600 3,500
OTHER SERVICES 28,900 28,900 27,700 0 1,200
GOVERNMENT 200,500 199,600 203,300 900 -2,800
Federal Government 32,900 32,800 33,300 100 -400
State Government 59,900 59,500 61,800 400 -1,900
State Government Education 26,900 26,600 29,600 300 -2,700
Local Government 107,700 107,300 108,200 400 -500
Local Government Education 59,100 58,700 59,800 400 -700

Preliminary Revised Revised Change


ALBUQUERQUE MSA
Mar-11 Feb-11 Mar-10 Monthly Yearly
TOTAL NONAGRICULTURAL EMPLOYMENT 367,300 366,300 370,300 1,000 -3,000
GOODS PRODUCING 36,000 36,400 38,200 -400 -2,200
SERVICE PROVIDING 331,300 329,900 332,100 1,400 -800
MINING, LOGGING & CONSTRUCTION 18,800 19,300 20,900 -500 -2,100
MANUFACTURING 17,200 17,100 17,300 100 -100
WHOLESALE TRADE 12,200 12,200 12,200 0 0
RETAIL TRADE 40,300 40,500 40,300 -200 0
TRANSPORTATION, WAREHOUSING & UTILITIES 9,200 9,300 9,400 -100 -200
INFORMATION 8,200 8,200 8,300 0 -100
FINANCIAL ACTIVITIES 17,300 17,300 18,100 0 -800
PROFESSIONAL & BUSINESS SERVICES 55,400 54,700 56,300 700 -900
EDUCATIONAL AND HEALTH SERVICES 54,200 54,800 54,900 -600 -700
LEISURE AND HOSPITALITY 37,800 36,700 36,700 1,100 1,100
OTHER SERVICES 11,700 11,700 11,700 0 0
GOVERNMENT 85,000 84,500 84,200 500 800
Federal Government 15,400 15,400 15,400 0 0
State Government 27,000 26,800 26,800 200 200
Local Government 42,600 42,300 42,000 300 600
Nonagricultural Wage and Salary Employment
Preliminary Revised Revised Change
LAS CRUCES MSA
Mar-11 Feb-11 Mar-10 Monthly Yearly
TOTAL NONAGRICULTURAL EMPLOYMENT 69,800 69,400 69,800 400 0
GOODS PRODUCING 6,100 6,100 6,300 0 -200
SERVICE PROVIDING 63,700 63,300 63,500 400 200
MINING, LOGGING & CONSTRUCTION 3,600 3,600 3,500 0 100
MANUFACTURING 2,500 2,500 2,800 0 -300
WHOLESALE TRADE 1,200 1,200 1,100 0 100
RETAIL TRADE 6,900 6,900 6,800 0 100
TRANSPORTATION, WAREHOUSING & UTILITIES 1,700 1,700 1,700 0 0
INFORMATION 800 800 800 0 0
FINANCIAL ACTIVITIES 2,400 2,400 2,400 0 0
PROFESSIONAL & BUSINESS SERVICES 7,600 7,600 7,700 0 -100
EDUCATIONAL & HEALTH SERVICES 11,900 11,800 11,700 100 200
LEISURE & HOSPITALITY 7,200 7,100 7,100 100 100
OTHER SERVICES 1,600 1,600 1,500 0 100
GOVERNMENT 22,400 22,200 22,700 200 -300
Federal 4,100 4,100 4,300 0 -200
State 9,400 9,200 9,300 200 100
Local 8,900 8,900 9,100 0 -200
Preliminary Revised Revised Change
SANTA FE MSA
Mar-11 Feb-11 Mar-10 Monthly Yearly
TOTAL NONAGRICULTURAL EMPLOYMENT 60,900 60,400 60,100 500 800
GOODS PRODUCING 3,600 3,600 3,300 0 300
SERVICE PROVIDING 57,300 56,800 56,800 500 500
MINING, LOGGING & CONSTRUCTION 2,800 2,800 2,600 0 200
MANUFACTURING 800 800 700 0 100
WHOLESALE TRADE 1,000 1,000 1,000 0 0
RETAIL TRADE 8,500 8,300 8,300 200 200
TRANSPORTATION, WAREHOUSING & UTILITIES 700 700 700 0 0
INFORMATION 900 900 1,400 0 -500
FINANCIAL ACTIVITIES 2,600 2,600 2,600 0 0
PROFESSIONAL & BUSINESS SERVICES 4,300 4,200 4,300 100 0
EDUCATIONAL & HEALTH SERVICES 10,500 10,400 10,000 100 500
LEISURE & HOSPITALITY 9,100 8,800 8,600 300 500
OTHER SERVICES 2,900 2,900 2,800 0 100
GOVERNMENT 16,800 17,000 17,100 -200 -300
Federal 1,000 1,100 1,200 -100 -200
State 8,300 8,400 8,400 -100 -100
Local 7,500 7,500 7,500 0 0
Preliminary Revised Revised Change
FARMINGTON MSA
Mar-11 Feb-11 Mar-10 Monthly Yearly
TOTAL NONAGRICULTURAL EMPLOYMENT 48,500 48,300 48,100 200 400
TOTAL PRIVATE 36,900 36,800 36,800 100 100
GOODS PRODUCING 10,200 10,300 10,400 -100 -200
SERVICE PROVIDING 38,300 38,000 37,700 300 600
PRIVATE SERVICE PROVIDING 26,700 26,500 26,400 200 300
GOVERNMENT 11,600 11,500 11,300 100 300
Federal 1,800 1,800 1,700 0 100
State 500 500 500 0 0
Local 9,300 9,200 9,100 100 200
Nonagricultural Wage and Salary Employment
- Seasonally Adjusted -
Preliminary Revised Monthly
NEW MEXICO Mar-11 Feb-11 Change
TOTAL NONAGRICULTURAL EMPLOYMENT* 803,300 802,400 900
MINING & LOGGING 19,300 19,200 100
CONSTRUCTION 42,000 42,900 -900
MANUFACTURING 28,600 28,500 100
TRADE, TRANSPORTATION & UTILITIES 135,400 136,000 -600
Wholesale Trade 21,800 22,100 -300
Retail Trade 91,400 91,800 -400
Transportation, Warehousing & Utilities 22,200 22,100 100
INFORMATION (Not Seasonally Adjusted) 14,200 14,300 -100
FINANCIAL ACTIVITIES 33,400 33,300 100
PROFESSIONAL & BUSINESS SERVICES 93,500 92,700 800
EDUCATION & HEALTH SERVICES 122,600 122,500 100
LEISURE & HOSPITALITY 87,000 85,900 1,100
OTHER SERVICES 29,600 29,500 100
GOVERNMENT 197,700 197,600 100
Federal Government 33,500 33,300 200
State Government 57,700 57,900 -200
Local Government 106,500 106,400 100
ALBUQUERQUE 369,000 369,300 -300
FARMINGTON 48,700 48,800 -100
LAS CRUCES 69,300 69,300 0
SANTA FE 61,100 61,200 -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 Mar 11 Feb 11 Mar 10 Mar 11 Feb 11 Mar 10 Mar 11 Feb 11 Mar 10
MANUFACTURING $694.69 $651.44 $599.01 41.4 41.1 38.3 $16.78 $15.85 $15.64

U.S. Consumer Price Index


Index Base Year 1982-84 = 100 PERCENT CHANGE
Mar 11 Feb 11 Mar 10 Month to Month Year to Year
CPI-U 223.5 221.3 217.6 1.0% 2.7%
CPI-W 220.0 217.5 213.5 1.1% 3.0%
*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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