November's unemployment data shows that New Mexico (and Albuquerque) continue to dodge the worst of the recession. Albuquerque's unemployment rate for November was 4.4%. It actually dropped from October when the rate was 4.6%.
Next month, I will go into more details about individual sectors of the economy as I take a look at the full year's data.
Happy New Year everyone. It should (has?) to be better :).
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