Thursday, March 26, 2009

But you should see the other guy...

Once again, employment figures for New Mexico and the Albuquerque/Rio Rancho area are less than thrilling... and far better than most. For February:
  • 5.4% for New Mexico as a whole... up from 5.1% in January. Nationally the figure for February is 8.1%
  • Albuquerque/Rio Rancho lifted to 5.8% from 5.5% in January.
Job growth is the other area we are 'out-performing' most of the country:
  • Over-the-year job growth for the state was a negative 1.4%. Only six states reported any growth at all. But, again, for an area that normally has very little fluxuation, the past year has been worse than any in 17 years.
  • Albuquerque/Rio Rancho lost 4,800 jobs -- a drop of 1.2%.

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