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Volume 43 No. 11 Published December 26, 2014
New Mexico
Labor Market Review
What’s Inside Highlights: November 2014
Labor Market Data
•
New Mexico’s rate of over-the-year job growth, comparing November 2014 with
November 2013, was 1.7 percent, representing a gain of 14,100 jobs.
•
Albuquerque MSA total nonfarm employment grew by 0.8 percent over the year,
adding 2,900 jobs.
•
Over the year, employment in the Las Cruces MSA increased by 300 jobs, or 0.4
percent.
•
Total nonfarm employment in the Santa Fe MSA grew by 0.5 percent, representing a
gain of 300 jobs.
•
Over the year, total nonfarm employment increased by 1.0 percent, or 500 jobs, in the
Farmington MSA.
Current Regional Nonfarm Employment Growth
November 2014 over November 2013-Not Seasonally Adjusted
4.5%
4.0%
3.9%
3.5%
3.3%
3.0%
2.6%
2.5%
2.3%
2.3%
2.0%
2.1%
2.0%
1.9%
1.7%
1.5%
0.9%
1.0%
0.5%
0.0%
TX
UT
AZ
NV
CA
CO
US
OK
NM
WY
Susana Martinez
Governor
Celina Bussey
Cabinet Secretary
Economic Research and Analysis Bureau P.O. Box 1928 Albuquerque, N.M. 87102 505.383.2729 www.dws.state.nm.us
Latest Employment News
New Mexico
month gain between October and November was higher than in
any previous year. Financial activities grew by 1,400 jobs, or 4.1
percent, over the year, which is somewhat lower than gains in more
recent months. Miscellaneous other services continued to show
encouraging signs, adding 1,300 jobs, or 4.7 percent, over the year.
Information; transportation, warehousing, and utilities; and leisure
and hospitality each added 900 jobs. Construction, up 700 jobs
after nine months of negative growth, and wholesale trade, up 400
jobs, contributed smaller increases.
New Mexico’s seasonally adjusted unemployment rate (based
on the Current Population Survey, also known as the household
survey) was 6.4 percent in November 2014, down from 6.5 percent
in October and down from 6.7 percent a year ago. The national
unemployment rate was 5.8 percent, unchanged from October’s
rate and down from 7.0 percent in November 2013.
New Mexico Unemployment Rate
(Percent, Seasonally Adusted)
January 2007 to November 2014
10.5
The remaining two private-sector industries each reported losses.
Manufacturing was down by 1,500 jobs, or 5.2 percent, a marginal
improvement to heavier losses throughout the year. Employment
within professional and business services was down 400 jobs, or
0.4 percent.
9.5
8.5
New
Mexico
7.5
6.5
5.5
Government employment registered a net loss of 600 jobs since
November of last year, representing a 0.3 percent decline. Losses
occurred at all three levels of government, with local government
down 300 jobs, federal government down 200 jobs, and state
government down 100 jobs. In the cases of state government and
local government, education components of both accounted for
these losses. State government education was down 400 jobs, its
first over-the-year loss since February 2014. Local government
education was down 700 jobs.
United
States
4.5
3.5
2.5
2007
2008
2009
2010
2011
2012
2013
2014
Nonfarm payroll employment (based on the Current Employment
Statistics survey, also known as the establishment survey) was up
14,100 jobs, or 1.7 percent, over the year, comparing November
2014 with November 2013. Net job gains have increased
substantially since turning positive in June 2014, with this month’s
total nonfarm employment increase exceeding that of all previous
post-recessionary months. Growth also broadened, with gains in
ten industries far outweighing losses in three others. Aggregate
employment within service-providing industries grew by 12,800
jobs, or 1.8 percent. Aggregate employment also grew in goodsproducing industries for the first time since January 2014. Overthe-year gains amounted to 1,300 jobs, or 1.3 percent.
Albuquerque MSA
(Bernalillo, Sandoval, Torrance, and Valencia
Counties)
The seasonally adjusted unemployment rate for the Albuquerque
MSA was 6.7 percent in November, up from 6.6 percent in October
but down from 7.0 percent in November 2013.
Albuquerque MSA
Over-the-Year Job Gains/Losses
and Total Nonfarm Growth Rate
New Mexico
Education and Health Services Employment
Over-the-Year Job Gains, January 2002 to November 2014
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
-1,000
3.0%
6.0
2.0%
4.0
1.0%
2.0
0.0
0.0%
-2.0
-1.0%
-4.0
-2.0%
-6.0
Total Nonfarm Growth Rate
Job Gains/Losses (In Thousands)
8.0
-3.0%
Jan-11
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan-12
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan-13
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan 14
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
-8.0
Total Private
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Government
Total Nonfarm Growth Rate
Total nonfarm payroll employment in the Albuquerque MSA
grew by 0.8 percent over the year in November, adding 2,900 jobs.
This gain represents the largest of only four months of year-overyear growth for Albuquerque over the last 15 months. The private
sector gained 2,800 jobs, while the public sector gained 100 jobs,
in the aggregate, from November 2013. Losses continued in the
goods-producing industries, with employment falling by 900 jobs,
or 2.5 percent. Service-providing industries reported an additional
3,800 jobs, in aggregate, representing an increase of 1.1 percent.
Six industries posted over-the-year gains, four posted losses, and
two remained unchanged.
Education and health services continued to lead other industries,
with an increase of 6,100 jobs, or 4.9 percent, over the year. This
month’s over-the-year employment gain in the industry was the
highest seen since December 2002. Mining posted its highest rate
of growth since May 2013. Employment was up 2,100 jobs, or
8.0 percent, making it the second highest contributor to growth
this month. Retail trade’s growth in November was back up to a
level similar to the higher over-the-year gains seen earlier in the
year, adding 1,900 jobs, or 2.0 percent. Incidentally, based on data
gathered between 1990 and the present, the industry’s over-the2
6.5%
Over-the-Year Growth Rates
4.5%
2.5%
Nov-14
Nov-13
May-14
Nov-12
May-13
May-12
Nov-11
Nov-10
May-11
May-10
Nov-09
Nov-08
May-09
Nov-07
May-08
Nov-06
May-07
Nov-05
May-06
Nov-04
May-05
Nov-03
May-04
May-03
Nov-02
Nov-01
May-02
May-01
-1.5%
Nov-00
0.5%
-3.5%
New Mexico
-5.5%
Albuquerque
-7.5%
Las Cruces MSA
Education and health services registered its fourth month of 2014
in which over-the-year job growth exceeded 2,000. Adding 2,400
jobs and growing at a rate of 4.1 percent, it made up over 50 percent
of Albuquerque’s gross job gains, over the year. Employment in
retail trade was up 1,000 jobs, or 2.4 percent. November is the
industry’s most lucrative month due to seasonal shopping, and
it experienced its largest October-to-November increase since
2000 in 2014. The information industry reported 500 new jobs, an
increase of 6.7 percent. Transportation, warehousing, and utilities
posted an increase of 4.1 percent, or 400 jobs, its largest postrecessionary gain. Financial activities added 100 jobs, growing
by 0.6 percent, over the year. This industry has been growing
continuously since April 2013, though this is the lowest gain since
growth turned positive.
(Doña Ana County)
The seasonally adjusted unemployment rate for the Las Cruces
MSA was 7.1 percent in November, up from 7.0 percent in October
but down from 7.4 percent in November 2013.
Las Cruces MSA
Over-the-Year Job Gains/Losses
and Total Nonfarm Growth Rate
Manufacturing employment was down 600 jobs, or 3.6 percent,
in its twenty-fourth month of continuous losses. As with the state
as a whole, losses were not as heavy as those seen over the last 12
months. Professional and business services shed 500 jobs, or 0.9
percent, in its fourteenth month of negative growth. In its twelfth
consecutive month of negative growth, construction reported a loss
of 300 jobs, or 1.5 percent. Leisure and hospitality shed 200 jobs
over the year, or 0.5 percent, an improvement on the last 14 months
of losses. Employment within wholesale trade and miscellaneous
other services remained unchanged from November 2013.
3.0%
1.5
2.0%
1.0
1.0%
0.5
0.0
0.0%
-0.5
-1.0%
-1.0
-2.0%
-1.5
-2.0
Jan-11
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan-12
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan-13
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan 14
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
-3.0%
Total Private
Government
Total Nonfarm Growth Rate
Over the month, total nonfarm employment in the Las Cruces
MSA increased by 500 jobs, or 0.7 percent. Total private
employment grew by 500 jobs from October, representing an
increase of 1.0 percent. Public-sector employment remained
unchanged over the month. Employment in the goods-producing
industries remained unchanged in the aggregate, and the serviceproviding industries (including government) were up 500 jobs.
Employment in the public sector increased by 100 jobs, or 0.1
percent, in the aggregate. Losses of 200 jobs in local government
and 100 jobs in federal government were more than offset by
an over-the-year gain of 400 jobs in state government. The
accompanying chart displays recent employment trends.
Of the 11 private-sector industries, retail trade added 400 jobs,
or 5.3 percent. Based on data gathered since 1990, this matched
the industry’s highest October-to-November gain, previously
experienced in 2011. Education and health services and leisure
and hospitality each added 100 jobs. This represented growth of
6.5%
Over-the-Year Growth Rates
4.5%
2.5%
-3.5%
-5.5%
-7.5%
New Mexico
Las Cruces
3
Nov-14
May-14
Nov-13
Nov-12
May-13
Nov-11
May-12
May-11
Nov-10
Nov-09
May-10
May-09
Nov-08
Nov-07
May-08
Nov-06
May-07
May-06
Nov-05
May-05
Nov-04
May-04
Nov-03
Nov-02
May-03
Nov-01
May-02
May-01
Nov-00
0.5%
-1.5%
Total Nonfarm Growth Rate
Job Gains/Losses (In Thousands)
2.0
0.7 percent in education and health services, while leisure and
hospitality grew by 1.3 percent.
Santa Fe MSA
Over-the-Year Job Gains/Losses
and Total Nonfarm Growth Rate
Job Gains/Losses (In Thousands)
3.0%
1.0
2.0%
0.5
1.0%
0.0
0.0%
-0.5
-1.0%
-1.0
-2.0%
-1.5
-3.0%
Jan-11
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan-12
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan-13
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan 14
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Within the public sector, employment was unchanged from
October at the aggregate level and within all three component
levels (local, state, and federal) of government.
1.5
Total Nonfarm Growth Rate
Employment in professional and business services was down 100
jobs, or 1.3 percent, from October. Employment in the remaining
seven private-sector industries was unchanged.
Over the year, total nonfarm employment increased by 0.4 percent
in the Las Cruces MSA, adding 300 jobs. Private-sector industries
added a total of 700 jobs, a 1.4 percent increase in their aggregate
employment level. The public sector was down 400 jobs, a decline
of 1.9 percent. The goods-producing industries were down 100
jobs, whereas employment in the service-providing industries was
up 400 jobs, in the aggregate, from November 2013.
Total Private
Government
Total Nonfarm Growth Rate
Over the month, total nonfarm employment in the Santa Fe
MSA increased by 400 jobs, or 0.6 percent. The private sector
added 300 jobs, representing an increase of 0.7 percent, and the
public sector added 100 jobs, or 0.6 percent, in the aggregate. The
goods-producing industries were down 100 jobs, and the serviceproviding industries (including government) were up 500 jobs.
Education and health services added 400 jobs, representing
an over-the-year gain of 3.0 percent. Against the grain of the
statewide trend, professional and business services has continued
to show positive signs in the Las Cruces MSA. Posting its twentyfifth continuous month of growth, this industry saw employment
increase by 300 jobs, or 4.1 percent, over the year. Wholesale trade,
retail trade, and leisure and hospitality were all up 100 jobs. This
represented a growth rate of 10.0 percent for wholesale trade and
1.3 percent each for retail trade and leisure and hospitality.
Within the private sector, retail trade added 300 jobs, an over-themonth increase of 3.5 percent and its highest gain in November,
typically when employment peaks in this industry, since 1999.
Transportation, warehousing, and utilities; information; and
education and health services each reported an additional 100 jobs,
amounting to growth rates of 14.3 percent, 12.5 percent, and 1.0
percent, respectively.
Transportation, warehousing, and utilities contracted by 200 jobs,
reflecting a loss of 11.1 percent. Construction was down 100 jobs,
or 2.9 percent. Employment was unchanged in the remaining
private-sector industries—manufacturing, information, financial
activities, and miscellaneous other services.
Leisure and hospitality lost 200 jobs, a contraction of 2.1 percent.
Construction lost 100 jobs, or 2.9 percent. Employment in
the remaining five private-sector industries—manufacturing,
wholesale trade, financial activities, professional and business
services, and miscellaneous other services—remained unchanged,
over the month.
Within the public sector, state and federal government each
lost 200 jobs, while local government employment remained
unchanged. The accompanying chart displays recent employment
trends.
Within the public sector, state government was up 100 jobs, or
1.2 percent, while local government and federal government
employment remained unchanged over the month.
Over the year, total nonfarm employment in the Santa Fe MSA
grew by 0.5 percent, representing a gain of 300 jobs. The privatesector industries added 200 jobs, or 0.4 percent. The public sector
gained 100 jobs, representing an increase in employment of 0.6
percent from November 2013. The goods-producing industries
were up 200 jobs, or 5.1 percent, and the service-providing
industries (including government) were up 100 jobs, or 0.2 percent.
Santa Fe MSA
(Santa Fe County)
The seasonally adjusted unemployment rate for the Santa Fe MSA
was 5.1 percent in November, unchanged from October but down
from 5.3 percent in November 2013.
6.5%
Over-the-Year Growth Rates
4.5%
2.5%
-3.5%
-5.5%
New Mexico
Santa Fe
-7.5%
4
Nov-14
Nov-13
May-14
Nov-12
May-13
Nov-11
May-12
Nov-10
May-11
Nov-09
May-10
May-09
Nov-08
Nov-07
May-08
May-07
Nov-06
Nov-05
May-06
Nov-04
May-05
Nov-03
May-04
Nov-02
May-03
Nov-01
May-02
Nov-00
-1.5%
May-01
0.5%
In its sixteenth month of continuous growth, construction
gained 200 jobs, reflecting an increase of 6.5 percent. Leisure and
hospitality also added 200 jobs, representing a gain of 2.2 percent.
Transportation, warehousing, and utilities, and education and
health services each added 100 jobs, representing gains of 14.3
percent and 1.0 percent, respectively. Retail trade contracted by
300 jobs, or 3.3 percent. Professional and business services lost 100
jobs, representing a decrease of 2.2 percent. The remaining privatesector industries—manufacturing, wholesale trade, information,
financial activities, and miscellaneous other services—did not see a
change from their November 2013 employment levels.
3.0%
1.0
2.0%
0.5
1.0%
0.0
0.0%
-0.5
-1.0%
-1.0
-2.0%
-1.5
-3.0%
-2.0
-4.0%
Jan-11
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan-12
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan-13
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan 14
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
4.0%
1.5
Total Private
Government
Total Nonfarm Growth Rate
the private sector, which grew by 0.5 percent. Employment in the
public sector remained unchanged. Within the private sector, the
goods-producing industries lost 100 jobs, a decrease of 0.9 percent,
while the service-providing industries (excluding government)
gained 300 jobs, an increase of 1.1 percent. Employment within
all three levels of government (local, state, and federal) remained
unchanged over the month.
In the public sector, while state government gained 100 jobs,
employment in both federal government and local government
remained unchanged from the previous year. The accompanying
chart displays recent employment trends.
Farmington MSA
(San Juan County)
Over the year, the Farmington MSA reported a gain of 500 jobs,
or 1.0 percent, in its total nonfarm employment level. Goodsproducing industries gained 200 jobs, or 1.8 percent, continuing
last month’s reversal of a 12-month downward trend. Employment
within the private service-providing industries was up 200 jobs
over the year. Public-sector employment increased by 100 jobs,
or 0.9 percent, from November 2013. All gains occurred in local
government, representing growth of 1.1 percent in that sector.
Employment within federal and state government remained
unchanged over the year. The accompanying chart displays recent
employment trends.
The seasonally adjusted unemployment rate for the Farmington
MSA was 6.2 percent in November, down from 6.3 percent in
October and 6.6 percent in November 2013.
Over the month, total nonfarm employment in the Farmington
MSA grew by 0.4 percent, adding 200 jobs, all of which were from
7.5%
2.0
Over-the-Year Growth Rates
5.5%
3.5%
-4.5%
-6.5%
-8.5%
New Mexico
Farmington
-10.5%
5
Nov-14
Nov-13
May-14
Nov-12
May-13
Nov-11
May-12
Nov-10
May-11
Nov-09
May-10
May-09
Nov-08
May-08
Nov-07
Nov-06
May-07
Nov-05
May-06
Nov-04
May-05
Nov-03
May-04
May-03
Nov-02
Nov-01
May-02
Nov-00
-2.5%
May-01
1.5%
-0.5%
Total Nonfarm Growth Rate
Job Gains/Losses (In Thousands)
Farmington MSA
Over-the-Year Job Gains/Losses
and Total Nonfarm Growth Rate
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, information is not verified for accuracy.
Statewide
At its November meeting, the New Mexico Economic Development
Department’s Job Training Incentive Program ( JTIP) board
approved $500,428 in funding to support 78 new jobs and training
for 5 existing jobs with five New Mexico companies. Award details
are as follows: Ideum, Inc., a software company that designs
and creates interactive computer-based exhibits, multitouch
installations, rich Internet applications, social networking sites for
museums, and several software products, $127,931 for 6 jobs; CN
Wire Corporation, a producer of single wire, multiwire, bunched/
stranded wire, tin-plated copper, and braid wire, Santa Teresa,
$298,465 for 68 jobs; Nuvita LLC, a provider of corporate wellness
programs that utilize technology produced by the company to
track and plan health programs, Albuquerque, $52,847 for 3 jobs;
AerSale, Inc., a provider of support services to the airline industry,
including equipment leasing and spares support, Roswell, $5,944
in Step-Up Training funds for 5 jobs; and Still Solutions, Inc.,
an IT consulting company focusing on small to medium-sized
independent insurance companies, Albuquerque, $15,241 for 1
job.
The U.S. Census Bureau is looking to hire temporary workers to
help with the 2015 American Housing Survey. Workers will be
employed for 20 to 40 hours a week between May and August
2015. They will conduct telephone interviews and will earn $13.55
an hour. The total number of positions to be filled has not been
released, but hiring will be significant.
coal, fabricated metal products, and machinery and computer and
electronic products.
A new study by the New Mexico Department of Game and Fish
has reported the impact that hunters and anglers have on the
state’s economy. According to the report, New Mexico’s hunters
and anglers spent more than $613 million on their recreational
activities and contributed another $51.4 million in labor, income,
and taxes. The state’s 160,000 anglers spent $268 million on
fishing-related activities, while 87,600 hunters spent $345.5
million on hunting-related activities. In addition, hunting and
angling activities supported more than 7,900 jobs, providing more
than $267 million in labor income.
ALCO, a national department store chain with locations in 23
states, has announced it will be closing all of its stores, including
those in New Mexico, after filing for bankruptcy. ALCO’s New
Mexico locations include those in Truth or Consequences,
Lovington, Bloomfield, Tucumcari, and Kirtland. The closing will
cause about 3,000 workers nationwide to be laid off, with New
Mexico’s stores laying off around 20 to 50 people each.
A new study by the Pew Research Center in Washington D.C. has
listed New Mexico as one of 14 states in which undocumented
immigrant populations declined between 2009 and 2012.
According to the report, New Mexico lost 20,000 unauthorized
immigrants. Much of the decline has been attributed to the decline
in jobs in the U.S., with fewer job prospects weakening the draw
for some immigrants.
The Jobs Council, a consortium of business leaders, economists,
and lawmakers, is lobbying for $50 million from the Legislature
under the state Local Economic Development Act (LEDA).
The Jobs Council is looking to use the $50 million to serve as a
“closing fund” to pay for roads, sewers, water lines, buildings, and
other incentives for business expansion. The Jobs Council has the
New Mexico Economic Development Department’s full support,
with the lobbying for funds rising to the top of its priority list.
The funds will go beyond spending on infrastructure; some of the
money would be spent on recruiting and marketing the state to
potential businesses, increasing job-training funds, financing a
pilot project in forest restoration, and providing assistance to help
solo or independent contractors. The Jobs Council is also seeking
$4.5 million to provide economic development grants to smaller
communities.
New Mexico reached a new milestone in the third quarter of 2014.
Exports of goods to Mexico exceeded $1 billion, surpassing the
previous high export amount by $281.3 million. Exports to Mexico
accounted for about 32 percent of total New Mexico worldwide
exports, which reached $2.9 billion in the third quarter; the total
export amount also set a record. U.S. Department of Commerce
estimates indicate that up to 6,250 jobs are created or supported
by every $1 billion in exports. Key increases in exports have been
seen in agriculture, transportation equipment, petroleum and
6
Central Workforce Investment Area
11,000-square-foot stop, to be developed on 11 acres, will be three
times larger than the existing Love’s off of Fourth Street and will
include a Carl’s Jr. restaurant, coffee and drink fountain, and gifts
and products geared towards professional drivers. The stop will
also have 68 parking spaces for tractor trailers. Love’s anticipates
employing about 50 people at the new location. Development
is anticipated to cost about $7.5 million. Love’s Travel Stop and
Country Stores has had a presence in New Mexico since 1978. Since
its founding, the company has developed more than 330 stores in
39 states, with recent growth including about 20 new locations
each year. The company employs about 10,000 nationwide.
Albuquerque Area, Bernalillo County:
Albuquerque has seen several new restaurants open, along with
announcements of the development of several more in the last
month. Here are some of the notable announcements. A Chickfil-A and Chili’s will locate near Gibson and University at Gibson
Rising. The two restaurants are joined by a nearby Denny’s, which
is a relocation of the Denny’s on Central, across from the university,
which closed in November. Five Star Burgers at Country Club
Plaza opened, and is joined by Bubba’s 33, a sports bar concept
from the Texas Roadhouse chain, which is located along I-25 just
south of Jefferson. Distillery 365 is slated to open in the city’s
brewery district alongside Left Turn Distilling. The west side of
Albuquerque will be getting a new Applebee’s, the city’s second in
less than four months.
Los Lunas Area, Valencia County:
The Village Inn restaurant in Los Lunas closed after 20 years
in operation. All of the restaurant’s employees, who numbered
between 40 and 60, were transferred to other restaurants.
Eastern Workforce Investment Area
The South Valley may see 200 new jobs over the next few years.
Gandydancer LLC announced it will develop a 30-acre site on
Williams off of Broadway Blvd. into a rail-to-truck distribution
center where train cargos can be off-loaded onto trucks. The
development of the site is expected to occur over the next five years,
with the first phase of the project creating 35 jobs. Gandydancer
has experience in railroad construction, maintenance, and operating
and will create a new company, New Mexico Transloading LLC, to
operate the center. The company will apply for $327,000 in JTIP
funds and will also receive around $200,000 in LEDA funds to
construct new and renovate existing buildings on the site.
Portales Area, Roosevelt County:
Natural Chem Group, a Houston, Texas-based company, is looking
to purchase the previously closed Abengoa plant near Portales
and resume operations. The company plans to produce ethanol,
biodiesel, liquid natural gas, and compressed natural gas. The
project is estimated to cost $105 million, although Natural Chem
Group has not secured financing. If the plant can again be used for
production, operations could produce 130 jobs.
San Jon Area, Quay County:
The results are in on the economic impact of the Sandia Science
and Technology Park (SS&TP), located next to Sandia National
Laboratories and Kirtland Air Force Base. The Mid-Region
Council of Governments (MRCOG), which completed the
economic impact study on SS&TP, reported that it has produced
$2.3 billion in economic activity, more than $89 million in tax
revenue for the state, and $12.9 million in tax revenue for the city
in the last 16 years. The impact doesn’t stop there; SS&TP has
provided 2,470 direct jobs (1,000 at Sandia Labs alone) and 4,123
indirect jobs, with $3.8 billion in wages paid to workers at the
park over the 16-year period. This impact is particularly impressive
considering that 75 percent of funds invested in SS&TP have
come from private sources, equaling about $276 million.
The Caprock Wind Farm may be seeing sunshine in its future.
Infigen, the owner of Caprock, has announced plans to add
solar generating units to the wind energy complex sometime in
2016. Infigen stated that the project could eventually produce 55
megawatts of solar energy, with an initial 25 megawatts being
produced in the first phase of the project. Full operations could
generate enough energy for 55,000 homes. Construction of the
solar units could create as many as 300 jobs, with four full-time
employees expected to operate the facility upon completion. Infigen
has requested authorization from the Quay County Commission
to seek industrial revenue bonds for the project; the commission
unanimously granted the authorization. The construction costs for
the project are currently estimated at $33 million, with construction
beginning as early as the first quarter of 2016.
Jal Area, Lea County:
CIG Logistics, a Fort-Worth-based company, announced they
will be developing a transloading facility in Jal that will offload
frack sands for the oilfield from train cars. The facility should be
completed by mid-January 2015, with 50 or more new jobs created.
The facility will have rail space for more than 400 train cars and
will be able to handle 48 million pounds of frack sand. It will also
have 8-pack silos allowing trucks to load frack sand at any time.
The city is planning on annexing the CIG property in order to
collect gross receipts taxes from operations.
Carlsbad Area, Eddy County:
Love’s Travel Stop and Country Store announced it will be
building a second truck stop on Albuquerque’s West Side. The new
Eddy County came one step closer to finalizing a key land deal
with Wilbanks Energy Logistics and ultimately bringing new jobs
7
to the city. An appraisal of 30 acres of city-owned land has been
agreed upon by both the city and Wilbanks Energy Logistics,
which will purchase the land for $10,000 an acre. While use of
the land has not been finalized, the company has stated that future
operations of the property will bring 30 new jobs.
Northern Workforce Investment Area
Aztec Area, San Juan County:
Aztec’s third dollar store opened in December. The opening of the
new Dollar General, the town’s second, brought 6 to 10 new jobs.
films on 11 screens, making it nearly three times larger than the
original Violet Crown in Austin, Texas.
Farmington Area, San Juan County:
Ski Santa Fe is hiring seasonal workers. The resort usually employs
around 400 workers for the season, with anywhere from 300 to 600
people typically applying for jobs on the slopes. Positions range
from mountain maintenance to child care, with starting pay for
most positions equaling $10.66 an hour, the city’s minimum wage.
Ski Santa Fe joins other resorts, such as Taos Ski Valley, Sipapu Ski
and Summer Resort, and Pajarito Mountain Ski Area in seasonal
hiring, as the resorts open for the winter season. Taos Ski Valley is
expecting around 1,000 applicants for positions, Sipapu is expected
to employ between 70 and 115 seasonal workers, and Pajarito is
anticipating employing 15 to 40 workers.
Ballentine Communications and Farmington’s Daily Times
have reached an agreement that has brought 12 new jobs to the
city. The Daily Times will now be printing all five of Ballentine
Communications’ newspapers, including The Durango Herald,
The Cortez Journal, The Mancos Times, Pine River Times, and
The Delores Star.
Construction
Supply
Company, the state’s
oldest
independently
operating
lumber
distributor with three
locations in San Juan County, closed in November. The company
operated in Farmington, Aztec, and Bloomfield, with its first San
Juan County location having opened in 1952. The company had
actually been in business since 1881, with its original location in
Albuquerque. The company’s three locations employed anywhere
from less than 10 to more than 40 workers in the last couple of
years.
Southwestern Workforce Investment Area
Las Cruces Area, Doña Ana County:
Las Cruces has seen a variety of business openings in the last
month. Openings include a new Church’s Chicken; The Gym, a
gym facility offering full workouts and training opportunities; the
new Outer Limits Car Wash; Las Cruces Real Estate; Jackson
Carl Whelpley Memorial Library; and Guzman Sport Karate
Kickboxing. Also on the list is a new Ulta Beauty, the largest
beauty retailer in the U.S, and Whiskey Dick’s, a new nightclub,
that is slated to open soon.
Several new restaurants and eateries are expected to open or have
recently opened in Farmington. Domino’s Pizza opened a new
location, the largest in the state, in November. Animas Valley Mall
saw the opening of Baked, a store specializing in cupcakes and
gourmet cakes. The business is only open through the holidays, but
has employed three people, and, if business goes well, the owner
anticipates staying open past the season. Gallup’s 505 Burgers
opened a Farmington location, one that is five times the size of the
original and can seat 145 people.
Memorial Medical Center in Las Cruces celebrated the grand
openings of its wound care center. Treatments provided include
hyperbaric oxygen therapy, negative pressure therapies, and
bioengineered tissues and biosynthetics.
Hurley Area, Grant County:
Questa Area, Taos County:
The Gateway Restaurant in Hurley has closed. The restaurant was
the only one in Hurley and was operated in conjunction with a
motel, which is still partially open, and a gas station, which had
stopped selling gas a few months ago. According to local residents,
the restaurant was extremely popular, and many are disappointed
to see it close.
Portal Locks, a cybersecurity company that manufactures devices,
will be opening an assembly plant in Questa and hiring 50 workers
by the beginning of 2015. Most of the 50 jobs will involve assembly
line work, paying $11 to $12 an hour. The company has received
some help from the state; under the High Wage Jobs Tax Credit,
the state will pay 10 percent of the salary of every employee earning
at least $28,000 a year, or about $13.50 an hour. The opening of the
facility couldn’t be more welcome, as the closing of the Questa
mine brought 300 layoffs earlier this year.
Silver City Area, Grant County:
It Takes a Village, a new variety store, opened in Silver City. The
store will have more than 3,000 used books alongside fair trade
items and work created by local artisans. The store is unique in that
it will operate as a nonprofit and community space, with customers
deciding to which organizations and/or causes energy and money
are provided. The store will be operated by the owner, with the
hopes of hiring a few more workers in the future.
Santa Fe Area, Santa Fe County:
The Violet Crown cinema in the Santa Fe Railyard is anticipated
to be in operation by April 2015. The cinema will be hiring 50 to
60 employees beginning in February. When completed, it will offer
8
Business Employment Dynamics, First Quarter 2014
Mark Flaherty, Economist
This article is the second in a quarterly series summarizing updated quarter of 2014. Gains were fewer than those seen in the previous
and revised Business Employment Dynamics (BED) data, quarter by 3,251 jobs.
following the first introductory article in the August 2014 Labor
Market Review (Volume 43, Number 8). More comprehensive Contracting establishments are those with positive employment
BED data will be published in an additional online report. BED in the third month in both the previous and current quarter, with a
data are a product of a federal-state cooperative program
known as the Quarterly Census of Employment and
Composite Employment Gains and Losses
Wages (QCEW). The QCEW data are based largely on
Seasonally Adjusted, First Quarter 2003 to First Quarter 2014
reports filed quarterly by employers to pay unemployment 60,000
insurance (UI) taxes. These reports are also used to
40,000
produce BED data on gross job gains and losses.
1
In the BED program, QCEW records are linked across
quarters to provide a history through time for each
business. This allows net employment changes at the
establishment level to be measured. BED data reveal
the dynamics underlying the measure of net change in
employment at the establishment level. A net increase in
employment can come from either opening or expanding
establishments, whereas a net decrease in employment can
come from either closing or contracting establishments.
Gross job gains include the sum of all jobs added at
either opening or expanding establishments. Gross job
losses include the sum of all jobs lost in either closing
or contracting establishments. Chart 1 displays the four
components that make up gross job changes along with
the net change in employment (the difference between
gross job gains and gross job losses) between first quarter
2003 and first quarter 2014. The most recent data for
these components are discussed in the following sections.
In this chart, and all following charts, data relate solely to
private-sector establishments in New Mexico.
Gross Job Gains and Losses
Between January 2014 and March 2014, gross job gains
at opening and expanding private-sector establishments
amounted to 38,773. This is lower by 3,241 jobs than the
gross job gains in the previous quarter. Over this period,
gross job losses at closing and contracting private-sector
establishments were 39,417. This is 823 more job losses
than those seen in the previous quarter. The difference
between the number of gross job gains and gross job
losses in the private sector during the first quarter of
2014 yielded a net employment loss of 644 jobs. This
represents the fifth quarter of net contractions over the
past eight quarters.
Components of Gross Job Gains and
Losses
Expanding establishments are those with positive third
month employment in both the previous and current
quarters, with a net increase in employment over this period.
Expanding establishments gained 30,183 jobs in the first
20,000
0
-20,000
-40,000
-60,000
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Expansions
2
Openings
Contractions
Closings
Net change
Gross Employment Gains and Losses
Seasonally Adjusted, First Quarter 2003 to First Quarter 2014
65,000
Recession
Job Gains
Job Losses
60,000
55,000
50,000
45,000
40,000
35,000
30,000
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
3
Employment Gains and Losses at Expanding
and Contracting Establishments
Seasonally Adjusted, First Quarter 2003 to First Quarter 2014
45,000
Recession
Expansions
41,000
Contractions
37,000
33,000
29,000
25,000
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
9
net decrease in employment over this period. Contracting
establishments lost 32,118 jobs in the first quarter of 2014.
The number of jobs lost in contracting establishments
was 592 greater than was seen in the prior quarter. Chart
3 shows expansions and contractions within the private
sector of New Mexico between first quarter 2003 and
first quarter 2014.
Opening establishments are those with positive third
month employment in the current quarter either for the
first time (births) or after zero employment in the previous
quarter (reopenings). Opening establishments accounted
for 8,590 jobs gained in the first quarter of 2014. The
number of job gains at opening establishments was 10
more than was seen in the previous quarter.
Closing establishments are those with positive employment
in the third month in the previous quarter and with zero
employment in the current quarter. Closings may be either
deaths or temporary closings. Closing establishments
accounted for 7,229 jobs lost in the first quarter of 2014.
The number of job losses at closing establishments was
231 more than in the previous quarter. Chart 4 shows
openings and closings within the private sector of New
Mexico between first quarter 2003 and first quarter 2014.
Births are a subset of openings, the rest of openings being
made up of reopenings of seasonal businesses. Births involve
establishments with positive third month employment for
the first time in the current quarter with no links to the
prior quarter, or establishments with positive third month
employment in the current quarter and zero employment
in the third month of the previous four quarters. Between
January and March 2014, gross job gains due to
establishment births were 5,889, which was 1,167 more
jobs gained than in fourth quarter 2013.
4
Employment Gains and Losses at Opening
and Closing Establishments
Seasonally Adjusted, First Quarter 2003 to First Quarter 2014
25,000
Recession
Openings
Closings
20,000
15,000
10,000
5,000
0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
5
Employment Gains and Losses Due to Births and Deaths
of Establishments
Seasonally Adjusted, First Quarter 2003 to First Quarter 2014
20,000
Recession
16,000
Births
12,000
Deaths
8,000
4,000
0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
NOTE: BLS waits three quarters to determine whether closing is permanent or a temporary shutdown.
Due to this publication lag, there are no establishment death data for the most recent three quarters.
10
16,000
40,000
14,000
30,000
Recession
Establishment Gains
8
4.0
2014
2013
2012
2010
2009
2008
2011
Employment Losses
Seasonally Adjusted, Four-Quarter Moving Average, 2004 to 2014
2014
2013
2012
2011
2010
2009
2008
2007
2006
Recession
Gains
Losses
2004
4.2
4.1
4.0
3.9
3.8
3.7
3.6
3.5
3.4
3.3
3.2
Employment Gains
Establishment Losses
Employment-Establishment Ratio for Gains and Losses
2005
7
2007
2006
10,000
2005
10,000
2004
12,000
2003
20,000
Establishments
18,000
50,000
Employment-Establishment Ratio for Expansions and
Contractions
Seasonally Adjusted, Four-Quarter Moving Average, 2004-2014
Recession
3.9
Expansions
3.8
Contractions
3.7
3.6
3.5
3.4
9
5.5
2014
2013
2012
2011
2010
2009
2008
2007
2006
3.3
Employment-Establishment Ratio for Openings and
Closings
Seasonally Adjusted, Four-Quarter Moving Average, 2004-2014
Recession
5.0
Openings
Closings
4.5
4.0
3.5
11
2014
2013
2012
2011
2010
2009
2008
2007
3.0
2006
Using BED to drill down to the components of gross
change, Chart 8 reveals the E-E ratio for expanding and
contracting establishments. Chart 9 reveals the same
ratio for openings and closings. Interestingly, during
2009 and the first quarter of 2010 the E-E ratio for
contracting establishments was higher than that for
expanding establishments. In contrast, the E-E ratio for
closing establishments was higher than that of opening
60,000
2005
Chart 7 shows the E-E ratio for gross gains and gross
losses measured as a four-quarter moving average. It is
interesting to see that the E-E ratio was higher for gross
losses than gross gains in all quarters in 2009 (when New
Mexico’s economy was suffering most acutely during the
recession) as well as the fourth quarter of 2012 and first
quarter of 2013. The rise in the gross gains E-E ratio in
2006 was due to the same non-economic code change
referred to earlier.
20,000
2005
By dividing the number of gross jobs gained by the
number of establishments that added jobs, we get a ratio
of employment to establishments and, thus, the average
number of jobs gained by establishments adding jobs. If
we also derive the equivalent ratio for gross losses, this
can reveal changes in the relationship between these two
measures over time. If the employment-establishment
ratio (E-E ratio) is higher in gross gains than in gross
losses this means that there was a higher average number
of jobs gained than lost per establishment.
Seasonally Adjusted, First Quarter 2003 to First Quarter 2014
70,000
2004
The Business Employment Dynamics program counts
gains and losses in the number of establishments as well
as employment. Chart 6 shows the gross gains and losses
in number of establishments and employment (number
of jobs). It indicates a moderately close mapping of
gross gains and losses for the two measures. The spike
in employment gains in 2006 is due to a non-economic
code change.
Establishments and Employment Gains and Losses
2004
Average Number of Jobs Gained and
Lost by Establishment
6
Employment
Deaths are a subset of closings, the rest being made up
of temporary shutdowns of businesses. Deaths involve
establishments with no employment or zero employment
reported in the third month of four consecutive quarters
following the last quarter with positive employment. Be
aware that an establishment that closes during the quarter
may be a death, but BLS waits three quarters to determine
whether it is a permanent closing or a temporary shutdown.
Because of this, there is always a lag of three quarters for
the publication of death statistics; therefore, the latest data
on deaths is for fourth quarter 2013, between October and
December 2013. Gross job losses due to establishment
deaths were 5,008. The difference between the number
of gross job gains and gross job losses from establishment
births and deaths in the private-sector during the fourth
quarter of 2013 yielded 127 net jobs. Chart 5 shows
employment gains and losses due to establishment births
and deaths within the private sector of New Mexico
between first quarter 2003 and first quarter 2014.
establishments only in periods prior to this (throughout 2004,
fourth quarter 2005, fourth quarter 2007 to second quarter 2008)
and third quarter 2009. Since third quarter 2009, the E-E ratio
for opening establishments was consistently higher than that
for closing establishments, whereas there have been seven other
quarters (between fourth quarter 2011 and third quarter 2013)
in which the E-E ratio was higher in expanding establishments
than in contracting establishments. It is beyond the scope of this
analysis to allot causality to these findings, but it does appear that
contracting establishments contributed significantly to the high
average number of jobs lost per establishment straight after the
recession. It also seems that openings have boosted the average
number of jobs gained per establishment during the recovery,
especially since 2012. That being said, it should be borne in mind
that expansions and contractions still make up the majority of
gross gains and losses.
TECHNICAL NOTE: Differences between QCEW, BED,
and CES employment measures
The Bureau of Labor Statistics publishes three different
establishment-based employment measures for any given quarter.
Each of these measures—QCEW, BED, and CES—makes
use of the quarterly UI employment reports in producing data;
however, each measure has a somewhat different universe coverage,
estimation procedure, and publication product. Differences in
coverage and estimation methods can result in somewhat different
measures of over-the-quarter employment change. It is important
to understand program differences and the intended uses of the
program products. Additional information on each program can be
obtained from the program web sites shown in Table 1 of the first
BED article (August 2014). This table can also be found at http://
www.bls.gov/news.release/cewbd.tn.htm).
The next article on BED is scheduled to appear in the February Labor
Market Review, to be published on April 3, 2015.
12
Behind the Headline Unemployment Numbers
Tracy Shaleen, Economist
The New Mexico Department of Workforce Solutions
(NMDWS), in cooperation with the U.S. Bureau of Labor
Statistics (BLS), publishes monthly labor force estimates that
serve as key indicators of current local economic conditions.
To supplement these monthly data, the BLS in its Geographic
Profile of Employment and Unemployment (GP), at http://www.
bls.gov/gps/home.htm, provides annual average statewide (and
some substate, though none for New Mexico) employment and
unemployment estimates by selected demographic and economic
characteristics, derived directly from the Current Population
Survey (CPS). The GP website currently features a variety of
employment status estimates for 1999–2013 in both PDF and
Excel versions and additional data for 1997–2013 in PDF only,
with retrieval tools available to access data series for 1981–1998.
Because GP annual averages are produced directly from CPS
data, the estimates for unemployment rate and unemployment
level presented in this article may not match those produced
by the Local Area Unemployment Statistics (LAUS) program,
which incorporates inputs from multiple sources, including the
CPS, to generate model-based estimates. Information on the uses
and limitations of subnational data from the CPS is available at
http://www.bls.gov/gps/notescps.htm.
Chart 1 shows that New Mexico’s 2013 unemployment
rate for both men and women was generally lower at
progressively higher age ranges, with the overall rate for
men, at 7.6 percent, exceeding that for women, at 6.7
percent, producing a total annual average rate of 7.2
percent. The unemployment rate was higher among
men than women for all but two groups: those aged 35
to 44 and those aged 65 and over. Joblessness for those
aged 16 to 19, a group typically overrepresented in the
unemployed population at all phases of the business
cycle, was 15.2 percent in New Mexico (ranking ninth
lowest nationally), with men at 19.1 percent and women
at 11.3 percent. The overall unemployment rate for the
16 to 19 age group was down from 18.9 percent in
2012, increasing slightly for men, from 18.8 percent, and
decreasing sharply for women, from 19.1 percent. The
group’s labor force participation rate and employmentpopulation ratio increased for women and fell for men
between 2012 and 2013.
While unemployment rates were highest for the two
youngest age groups, Chart 2 shows that the 25 to 34
age group for men and the 35 to 44 age group for women
accounted for the largest shares of total unemployment.
The 16.7 percent portion representing New Mexico men
aged 25 to 34 tied with North Dakota and Alaska for
third highest in the nation, behind only West Virginia,
at 20.8 percent, and Louisiana, at 17.0 percent. Similarly,
the unemployment share for New Mexico women aged
35 to 44, at 12.1 percent, was the second highest among
all states and the District of Columbia, behind only
South Dakota, at 12.5 percent.
Long-term unemployment has been a significant and widely
discussed concern in the wake of the Great Recession, with
national estimates for median duration increasing from 8.3
weeks in 2006 to 21.4 weeks in 2010 and mean duration rising
from 16.8 weeks in 2007 to 39.4 weeks in 2012. For 2013, the
U.S. mean stood at 36.5 weeks and the median at 17.0 weeks. The
downturn’s impact was so pronounced, in fact, that the BLS and
the Census Bureau, which conducts the CPS, modified processing
for January 2011 estimation to accept reported unemployment
durations of up to five years, beginning a four-month phaseout
of the previous two-year upper bound. This change produced a
series break for mean duration but did not affect median duration
or related unemployment distributions. BLS research comparing
mean duration using the previous and new upper bounds may be
accessed at http://www.bls.gov/cps/duration.htm.
New Mexico unemployment durations were likewise impacted
sharply by the recession, with Chart 3 showing the statewide
median rising from 5.9 weeks in 2008 to 19.7 weeks in 2011 and
the mean increasing from 12.7 weeks in 2006 to 35.9 weeks in 2011.
Both the mean and median edged lower between 2011 and 2012
before increasing again in 2013, highlighting the persistence of the
long-term unemployment problem. New Mexico’s 2013 median
Chart 1. Unemployment Rate by Age by Gender, 2013
Total
16 to 19
20 to 24
Total
25 to 34
Men
35 to 44
45 to 54
Women
55 to 64
65 and over
0%
5%
10%
15%
20%
Source: Geographic Profile of Employment and Unemployment
Chart 2. Unemployment Share by Age
by Gender, 2013
16 to 19
20 to 24
25 to 34
35 to 44
Men
45 to 54
Women
55 to 64
65 and over
0%
5%
10%
15%
20%
Source: Geographic Profile of Employment and Unemployment, author's calculations
13
tied with Nevada, at 19.4 weeks, for eleventh highest
among all states and the District of Columbia, while
its mean, at 38.9 weeks, ranked thirteenth highest. East
Coast states accounted for the seven highest rankings
for both mean and median duration: Florida, 48.0 and
22.5 weeks; District of Columbia, 46.3 and 24.6 weeks;
New Jersey, 43.7 and 24.4 weeks; Rhode Island, 42.3
and 21.5 weeks; Connecticut, 42.3 and 20.6 weeks; New
York, 41.9 and 22.1 weeks; and North Carolina, 41.8 and
20.8 weeks. North Dakota, at 17.6 and 7.9 weeks, and
South Dakota, at 19.3 and 8.6 weeks, posted the lowest
duration levels.
Chart 3. Unemployment Duration in
Mean and Median Weeks, 2004−2013
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Mean
Median
New Mexico’s 2013 unemployment duration distribution
0
10
20
30
varied widely by category, as shown in Chart 4. Duration Source: Geographic Profile of Employment and Unemployment
levels were higher for women than for men in both mean
weeks, 42.3 to 36.4, and median weeks, 22.2 to 16.4,
Chart 4. Unemployment Duration in
marking a stark departure from recent trends. Women
Mean and Median Weeks, 2013
posted a higher rate than men for either measure on
just two occasions between 2003, when GP publications
Total
first began including mean and median unemployment
Men
duration, and 2012.
40
Women
Chart 4 data for race groups represent respondents
White
who reported in only one of the specific groups listed,
while those reporting in another race group or in two or Black or African American
more groups were included only in the estimate totals.
Asian
Unemployment duration was higher for Whites (mean
Hispanic or Latino
42.3 weeks, median 20.2 weeks) than for the other
two race categories, Black or African American (mean
0
10
20
30
28.7, median 9.7) and Asian (mean 4.0, median 3.5),
Source: Geographic Profile of Employment and Unemployment
which are much smaller components of the labor force,
representing, respectively, about 3 percent and less than
0.05 percent of the statewide 2013 unemployment total. Chart 5. Unemployment Share by
American Indian labor force estimates are not available Reason for Unemployment, 2004−2013
70%
in the GP data.
60%
Mean
Median
40
50
100
80
(Thousands)
While Hispanic or Latino ethnicity includes persons 50%
identifying as any race, more than three quarters of 40%
60
New Mexico’s Hispanic or Latino population identified 30%
40
as “White alone,” according to recent Census Bureau
20%
estimates. Unemployment duration among Hispanic
20
10%
or Latino residents (the White alone category and all
0
0%
others) was higher than the statewide averages for 2013,
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
with respective means of 42.6 weeks and 38.9 weeks
Total unemployment (right axis)
Job losers
and medians of 24.5 weeks and 19.4 weeks. Similar
Job leavers
Reentrants
differences existed for both 2011 and 2012, following
New Entrants
three years, 2008–2010, in which Hispanic or Latino Source: Geographic Profile of Employment and Unemployment, author's calculations
and total New Mexico unemployment duration, both
mean and median, were nearly identical. In the years
entrants, those who never worked previously and were entering the
immediately preceding the recession, 2004-2007, Hispanic or labor force for the first time.
Latino unemployment duration was generally slightly lower than
Chart 5 shows that while job losers typically represent the largest
the statewide average.
share of New Mexico’s unemployment total, followed by reentrants,
The GP also provides annual average estimates based on four CPS job leavers, and new entrants, business cycle fluctuations can
categories of unemployment (determined by status at the time the dramatically change the relationships. As recessionary effects took
person became unemployed): (1) job losers, those who involuntary hold beginning in 2008, sharply increasing unemployment, the job
lost their last job or completed a temporary job; (2) job leavers, losers’ share of the total swelled to 65.3 percent in 2009 from just
those who quit or otherwise voluntarily ended their employment; 34.9 percent a year earlier. That number quickly diminished to 59.5
(3) reentrants, those who previously worked but were out of the percent for 2010 and 47.8 percent for 2011 before edging only
labor force prior to beginning their current job search; and (4) new slightly lower through 2013, where it remained above pre-recession
14
levels. Although unemployment fell only slightly among
reentrants between 2008 and 2009, its proportion of Chart 6. Unemployment Share by
Reason for Unemployment, 2013
the total dipped sharply as unemployment among job
50%
losers more than tripled. The combined unemployment
share for job leavers and new entrants equaled about a 40%
quarter of the total in 2007 and 2008, before falling to
just 9.8 percent for 2009, then gradually increasing to 30%
24.2 percent for 2013.
20%
As presented in Chart 6, New Mexico’s unemployment 10%
distribution for 2013 comprised 47.0 percent job losers,
13.6 percent job leavers, 28.8 percent reentrants, and 0%
Total
Men
Women
White
Hispanic or
10.6 percent new entrants. Among men, job losers, at
Latino
50.0 percent, and reentrants, at 31.6 percent, combined
Job losers
Job leavers
Reentrants
New entrants
for nearly 82 percent of the unemployment total, with
job leavers, at 13.2 percent, and new entrants, at 5.3 Source: Geographic Profile of Employment and Unemployment, author's calculations
percent, accounting for the remainder. The distribution
for women was more balanced: job losers, 42.9 percent; reentrants, lower among reentrants (-5.3 percentage points). Data by race
25.0 percent; new entrants, 17.9 percent; and job leavers, 14.3 group are limited at this level of detail because of small sample
percent. The share of job losers among the Hispanic or Latino sizes. Total U.S. 2013 unemployment shares were higher than
population, at 47.1 percent, was nearly identical to that for the corresponding New Mexico estimates for job losers, at 53.0 percent
statewide total, at 47.0 percent. Proportions varied more widely for (+6.0 percentage points) and new entrants, at 10.9 percent (+0.3
the other categories, with the Hispanic or Latino unemployment percentage point) but lower for job leavers, at 8.1 percent (-5.5
share higher than the statewide total among job leavers (+4.0 percentage points) and reentrants, at 28.0 percent (-0.8 percentage
percentage points) and new entrants (+1.2 percentage points) but point).
15
Real-Time Labor Market Information
Online Job Openings & Employment Data
Job Openings Rate for New Mexico
Online Job Openings as Percent of Employment and
Openings Combined, January 2008 to November 2014
Monthly Online Job Openings in New Mexico
January 2008 to November 2014
80,000
Sep-14
71,947
70,000
9.0%
8.0%
60,000
7.0%
50,000
Nov-14
55,497
40,000
6.0%
10,000
Nov-14
6.3%
5.0%
30,000
20,000
Sep-14
8.1%
Dec-09
25,629
4.0%
3.0%
0
Jan-08
Mar-08
May-08
Jul-08
Sep-08
Nov-08
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
Nov-11
Jan-12
Mar-12
May-12
Jul-12
Sep-12
Nov-12
Jan-13
Mar-13
May-13
Jul-13
Sep-13
Nov-13
Jan-14
Mar-14
May-14
Jul-14
Sep-14
Nov-14
Jan-08
Mar-08
May-08
Jul-08
Sep-08
Nov-08
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
Nov-11
Jan-12
Mar-12
May-12
Jul-12
Sep-12
Nov-12
Jan-13
Mar-13
May-13
Jul-13
Sep-13
Nov-13
Jan-14
Mar-14
May-14
Jul-14
Sep-14
Nov-14
2.0%
Dec-09
3.1%
The job openings time series does show seasonality, as job openings typically decline in the fourth quarter of each year. A slowing of openings occurs across many,
if not most, industries, with slowing attributed to reduced openings after big seasonal hiring pushes in the third quarter for some industries (e.g., retail trade and
accommodation and food services) or general reductions in hiring due to the nature of the end of the year.
Online job openings data is extracted from the New Mexico Department of Workforce Solutions New Mexico Workforce
Connection (NMWC) System and counts all openings posted online either internally or through external sites. An internal job
opening is submitted directly to the NMWC System, while external openings are gathered from outside sites using software and
placed into the system. Efforts are made to ensure duplicate job openings are not counted more than once. Keep in mind that
analysis presented only includes counts of job openings posted online and, therefore, is likely a conservative count of total job
openings. Information is typically self-reported by the employer, which introduces error into the data.
The job openings rate is just one measure of the labor market. Online job openings as a percentage of total employment and online
job openings are calculated. There are limitations to this calculation, as job openings only include those online. Employment for the
job openings rate is from the Current Employment Statistics (CES) program, which measures employment using an establishment
survey.
Over-the-Year Online Job Postings for New Mexico
by Major Industry Sector, November 2014/2013
Over-the-Year Online Job Postings for New Mexico
by Major Occupational Group, November 2014/2013
5,591
Health Care & Social Assistance
Educational Services
3,141
Admin. & Support & Waste Mgmt Svcs
3,091
2,904
Public Administration
2,137
Professional, Scientific & Tech. Svcs
Nov-14
1,812
Accommodation & Food Services
1,660
Transportation & Warehousing
Nov-13
1,171
Finance & Insurance
1,047
Manufacturing
838
Information
786
Wholesale Trade
457
Real Estate
Management of Companies
420
Mining
374
Other Services (Ex. Public Admin.)
232
Arts, Entertainment & Recreation
221
208
Construction
Utilities
59
Agriculture
38
0
2,000
4,000
10,759
Healthcare Practitioners & Technical
Management
Sales & Related
Transportation & Material Moving
Office & Administrative Support
Food Preparation & Serving Related
Installation, Maintenance & Repair
Education, Training & Library
Architecture & Engineering
Computer & Mathematical
Business & Financial Operations
Healthcare Support
Personal Care & Service
Arts/Design & Entert./Sports/Media
Community & Social Services
Production
Construction & Extraction
Protective Service
Building /Grounds Cleaning & Maint.
Life, Physical & Social Science
Military Specific
Legal
Farming, Fishing & Forestry
4,431
Retail Trade
6,000
5,469
5,445
4,179
3,443
1,635
1,550
1,392
1,125
1,036
942
901
782
770
589
582
456
406
313
293
155
133
13
0
16
4,000
8,000
Nov-14
Nov-13
12,000
Unemployed per Online Job Opening
January 2008 to November 2014
Feb-10
2.8
3.0
2.5
2.0
Nov-14
1.0
1.5
1.0
Apr-08
0.8
0.0
Jan-08
Mar-08
May-08
Jul-08
Sep-08
Nov-08
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
Nov-11
Jan-12
Mar-12
May-12
Jul-12
Sep-12
Nov-12
Jan-13
Mar-13
May-13
Jul-13
Sep-13
Nov-13
Jan-14
Mar-14
May-14
Jul-14
Sep-14
Nov-14
0.5
Most Online Job Postings by Detailed Industry Sector (Top 20)
November 2014
Data on the unemployed is from the Local Area Unemployment
Statistics (LAUS) program and is not seasonally adjusted.
Online Job
Openings
Year-Over-Year
Change
General Medical & Surgical Hospitals
Colleges, Universities & Professional Schools
Employment Placement Agencies
National Security
Elementary & Secondary Schools
Specialized Freight Trucking, Long-Distance
Temporary Help Services
All Other General Merchandise Stores
Legislative Bodies
Department Stores
R&D in Physical, Engineering & Life Sciences
Other General Government Support
Supermarkets & Other Grocery Stores
Engineering Services
Other Outpatient Care Centers
Commercial Banking
Management Consulting Services
Computer Systems Design & Related Services
Management of Companies & Enterprises
Home Health Care Services
Unemp.
per
Opening
Nov-14
Nov-13
#
%
New Mexico
55,500
49,273
6,227
12.6%
1.0
Bernalillo
Catron
Chaves
Cibola
Colfax
Curry
DeBaca
Doña Ana
Eddy
Grant
Guadalupe
Harding
Hidalgo
Lea
Lincoln
Los Alamos
Luna
McKinley
Mora
Otero
Quay
Rio Arriba
Roosevelt
San Juan
San Miguel
Sandoval
Santa Fe
Sierra
Socorro
Taos
Torrance
Union
Valencia
23,907
42
2,454
384
299
1,370
21
4,826
2,172
537
138
16
86
1,855
356
692
512
1,148
38
1,100
230
752
317
3,447
570
1,940
3,968
165
377
734
176
177
691
21,320
34
1,820
380
444
1,415
22
4,492
1,712
419
152
10
52
1,707
255
507
409
1,284
30
910
317
630
233
3,151
473
1,700
3,379
172
206
726
132
256
524
2,587
8
634
4
-145
-45
-1
334
460
118
-14
6
34
148
101
185
103
-136
8
190
-87
122
84
296
97
240
589
-7
171
8
44
-79
167
12.1%
23.5%
34.8%
1.1%
-32.7%
-3.2%
-4.5%
7.4%
26.9%
28.2%
-9.2%
60.0%
65.4%
8.7%
39.6%
36.5%
25.2%
-10.6%
26.7%
20.9%
-27.4%
19.4%
36.1%
9.4%
20.5%
14.1%
17.4%
-4.1%
83.0%
1.1%
33.3%
-30.9%
31.9%
0.8
2.5
0.6
1.9
1.3
0.8
1.9
1.3
0.5
1.5
1.0
1.2
1.7
0.7
1.5
0.5
3.9
2.0
6.5
1.4
0.9
1.7
1.3
0.9
1.5
2.0
0.9
2.0
1.2
1.9
2.8
0.5
3.0
3,561
1,676
1,623
1,262
1,140
1,102
863
858
840
806
568
545
479
468
461
439
425
424
420
372
Most Online Job Postings by Detailed Occupation (Top 20)
November 2014
Registered Nurses
Heavy & Tractor-Trailer Truck Drivers
Retail Salespersons
Customer Service Representatives
First-Line Supervisors of Retail Sales Wkrs
Nurse Practitioners
Physicians & Surgeons, All Other
General & Operations Managers
Managers, All Other
Physical Therapists
Sales Managers
Occupational Therapists
Laborers & Freight/Stock/Material Mvrs
Spvrs of Food Prep. & Serving Wkrs
Licensed Practical & Vocational Nurses
Merchandise Displayers & Window Trimmers
Exec. Secretaries & Admin. Assistants
Combined Food Prep. & Serving Wkrs
Speech-Language Pathologists
Cashiers
5,011
1,675
1,213
1,143
994
808
765
584
564
534
480
472
460
453
439
436
432
402
395
394
Job openings by industry are presented at the 2- and 5-digit
North American Industry Classification System (NAICS)
level, while data by occupation are presented at the 2- and
6-digit Standard Occupational Classification (SOC) system
level.
17
Labor Market Information
Quick Reference and Fast Facts
New Mexico – Seasonally Adjusted Labor
Force, Employment, Unemployment &
Unemployment Rate
Civilian
Labor
Force
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
UnEmploy- employment
ment
Rate
%
776,827
798,621
812,862
822,627
835,879
839,988
852,293
863,682
871,512
888,468
901,833
913,453
924,516
936,464
947,435
934,396
930,293
923,936
925,360
926,242
725,387
744,557
751,826
768,596
783,661
793,052
810,024
821,003
823,191
835,835
849,970
866,349
886,708
903,919
904,735
870,349
856,033
853,987
859,965
862,563
51,440
54,064
61,036
54,031
52,218
46,936
42,269
42,679
48,321
52,633
51,863
47,104
37,808
32,545
42,700
64,047
74,260
69,949
65,395
63,679
6.6%
6.8%
7.5%
6.6%
6.2%
5.6%
5.0%
4.9%
5.5%
5.9%
5.8%
5.2%
4.1%
3.5%
4.5%
6.9%
8.0%
7.6%
7.1%
6.9%
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
927,728
927,862
927,960
927,982
927,688
927,039
926,212
925,366
924,620
924,106
923,739
923,654
863,686
863,962
864,143
864,139
863,608
862,631
861,617
861,017
860,920
861,202
861,634
862,287
64,042
63,900
63,817
63,843
64,080
64,408
64,595
64,349
63,700
62,904
62,105
61,367
6.9%
6.9%
6.9%
6.9%
6.9%
6.9%
7.0%
7.0%
6.9%
6.8%
6.7%
6.6%
7.3%
7.3%
6.8%
6.4%
6.6%
7.6%
7.6%
6.9%
6.6%
6.7%
6.3%
6.3%
2014
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
927,739
932,698
938,165
935,104
932,132
927,199
922,042
919,897
919,611
922,377
925,492
866,155
869,961
872,628
871,837
871,153
866,738
861,221
858,101
858,919
862,713
866,502
61,584
62,737
65,537
63,267
60,979
60,461
60,821
61,796
60,692
59,664
58,990
6.6%
6.7%
7.0%
6.8%
6.5%
6.5%
6.6%
6.7%
6.6%
6.5%
6.4%
6.9%
7.3%
7.3%
5.9%
5.9%
7.3%
7.3%
6.9%
6.1%
5.9%
6.2%
-0.1%
-0.3%
-0.6%
-0.9%
0.3%
-0.1%
-0.3%
-0.7%
3,789
4,868
3,877
10,252
-674
-3,115
-5,482
-8,757
% CHANGE FROM
Month Ago
0.3%
Year Ago
0.2%
2 Yrs. Ago
-0.2%
3 Yrs. Ago
0.2%
0.4%
0.6%
0.4%
1.2%
-1.1%
-5.0%
-8.5%
-12.9%
November November
State
Rank
2013
2014
Change Change
North Dakota
1
456.4
478.9
22.5
4.9%
Texas
2
11,378.2
11,826.1
447.9
3.9%
Utah
3
1,317.4
1,360.8
43.4
3.3%
Oregon
4
1,707.1
1,757.3
50.2
2.9%
Delaware
4
436.5
449.1
12.6
2.9%
Florida
4
7,736.9
7,959.7
222.8
2.9%
Washington
7
3,023.3
3,108.0
84.7
2.8%
South Carolina
8
1,923.9
1,974.5
50.6
2.6%
Arizona
8
2,567.5
2,634.4
66.9
2.6%
North Carolina
10
4,132.3
4,237.1
104.8
2.5%
Georgia
11
4,093.8
4,192.6
98.8
2.4%
Nevada
12
1,203.2
1,230.7
27.5
2.3%
California
12
15,426.8
15,778.3
351.5
2.3%
Kentucky
14
1,850.8
1,890.3
39.5
2.1%
Colorado
14
2,417.4
2,468.3
50.9
2.1%
United States
138,536.0 141,301.0
2,765.0
2.0%
Wisconsin
16
2,864.9
2,921.6
56.7
2.0%
Tennessee
16
2,805.3
2,860.6
55.3
2.0%
Oklahoma
18
1,658.1
1,690.2
32.1
1.9%
Minnesota
19
2,818.4
2,869.7
51.3
1.8%
Massachusetts
19
3,403.9
3,464.3
60.4
1.8%
Indiana
19
2,999.1
3,052.1
53.0
1.8%
Montana
19
450.1
458.0
7.9
1.8%
Alabama
19
1,920.7
1,954.4
33.7
1.8%
New Mexico
24
815.7
829.8
14.1
1.7%
District of Columbia
24
750.8
763.4
12.6
1.7%
Missouri
26
2,772.4
2,815.5
43.1
1.6%
Arkansas
27
1,191.7
1,210.1
18.4
1.5%
Idaho
27
643.6
653.4
9.8
1.5%
Connecticut
27
1,680.0
1,705.3
25.3
1.5%
Rhode Island
30
478.2
484.1
5.9
1.2%
Vermont
31
310.7
314.2
3.5
1.1%
Iowa
31
1,561.8
1,579.1
17.3
1.1%
Ohio
31
5,314.1
5,372.9
58.8
1.1%
Maine
34
607.5
613.8
6.3
1.0%
New York
34
9,059.4
9,148.2
88.8
1.0%
Hawaii
34
632.2
638.3
6.1
1.0%
Michigan
34
4,166.0
4,206.0
40.0
1.0%
Louisiana
38
1,979.6
1,998.3
18.7
0.9%
Wyoming
38
290.3
293.0
2.7
0.9%
New Hampshire
38
646.0
651.9
5.9
0.9%
West Virginia
38
774.0
780.9
6.9
0.9%
South Dakota
42
418.7
422.2
3.5
0.8%
Nebraska
43
989.1
996.1
7.0
0.7%
Illinois
44
5,885.4
5,920.7
35.3
0.6%
Kansas
45
1,400.4
1,408.0
7.6
0.5%
Maryland
45
2,622.8
2,636.6
13.8
0.5%
Pennsylvania
45
5,830.8
5,860.9
30.1
0.5%
New Jersey
48
3,980.7
3,995.2
14.5
0.4%
Virginia
48
3,797.0
3,810.3
13.3
0.4%
Mississippi
50
1,127.2
1,126.0
-1.2
-0.1%
Alaska
51
324.5
323.5
-1.0
-0.3%
Source: U.S. Department of Labor, Bureau of Labor Statistics
Employment numbers are not seasonally adjusted.
Employment numbers are in thousands.
Unadj.
Rate
%
2013
# CHANGE FROM
Month Ago
3,115
Year Ago
1,753
2 Yrs. Ago
-1,605
3 Yrs. Ago
1,495
Total Nonfarm Employment Growth
Rankings, New Mexico and United States
18
New Mexico Labor Force Estimates – Not Seasonally Adjusted
PRELIMINARY NOVEMBER 2014
Empl.
Labor Force
Unemp.
Rate
REVISED OCTOBER 2014
Labor Force
Empl.
Unemp.
REVISED NOVEMBER 2013
Rate
Labor Force
Empl.
Unemp.
Rate
STATEWIDE
934,239
876,489
57,750
6.2%
928,657
873,609
55,048
5.9%
928,714
869,784
58,930
6.3%
Albuquerque MSA
Bernalillo
Sandoval
Torrance
Valencia
394,066
301,757
56,057
6,219
30,033
368,959
283,064
52,232
5,729
27,934
25,107
18,693
3,825
490
2,099
6.4%
6.2%
6.8%
7.9%
7.0%
389,873
298,622
55,480
6,124
29,646
365,513
280,420
51,745
5,675
27,673
24,360
18,202
3,735
449
1,973
6.2%
6.1%
6.7%
7.3%
6.7%
391,999
299,959
55,986
6,182
29,872
366,152
280,910
51,835
5,685
27,722
25,847
19,049
4,151
497
2,150
6.6%
6.4%
7.4%
8.0%
7.2%
Farmington MSA
56,235
52,972
3,263
5.8%
56,660
53,462
3,198
5.6%
55,848
52,484
3,364
6.0%
Las Cruces MSA
94,749
88,448
6,301
6.7%
93,754
87,876
5,878
6.3%
94,370
87,956
6,414
6.8%
Santa Fe MSA
75,127
71,442
3,685
4.9%
74,480
70,925
3,555
4.8%
75,027
71,301
3,726
5.0%
Catron
Chaves
Cibola
Colfax
Curry
De Baca
Eddy
Grant
Guadalupe
Harding
Hidalgo
Lea
Lincoln
Los Alamos
Luna
McKinley
Mora
Otero
Quay
Rio Arriba
Roosevelt
San Miguel
Sierra
Socorro
Taos
Union
1,527
26,117
12,010
6,116
21,972
819
32,639
11,848
1,778
434
2,606
33,869
9,934
8,902
12,372
25,412
1,874
25,883
3,817
18,186
9,286
13,130
6,165
8,895
16,563
1,908
1,424
24,549
11,269
5,724
20,914
780
31,474
11,049
1,637
415
2,461
32,616
9,405
8,565
10,373
23,164
1,627
24,306
3,599
16,895
8,867
12,299
5,827
8,446
15,169
1,812
103
1,568
741
392
1,058
39
1,165
799
141
19
145
1,253
529
337
1,999
2,248
247
1,577
218
1,291
419
831
338
449
1,394
96
6.7%
6.0%
6.2%
6.4%
4.8%
4.8%
3.6%
6.7%
7.9%
4.4%
5.6%
3.7%
5.3%
3.8%
16.2%
8.8%
13.2%
6.1%
5.7%
7.1%
4.5%
6.3%
5.5%
5.0%
8.4%
5.0%
1,546
25,972
11,981
6,171
21,848
815
32,482
11,784
1,766
414
2,827
33,721
10,013
8,845
13,143
25,083
1,873
25,695
3,807
18,143
9,257
13,069
6,312
8,822
16,573
1,930
1,460
24,490
11,268
5,813
20,814
778
31,351
11,006
1,640
402
2,683
32,512
9,528
8,530
11,655
22,909
1,661
24,189
3,608
16,934
8,843
12,269
6,004
8,393
15,251
1,844
86
1,482
713
358
1,034
37
1,131
778
126
12
144
1,209
485
315
1,488
2,174
212
1,506
199
1,209
414
800
308
429
1,322
86
5.6%
5.7%
6.0%
5.8%
4.7%
4.5%
3.5%
6.6%
7.1%
2.9%
5.1%
3.6%
4.8%
3.6%
11.3%
8.7%
11.3%
5.9%
5.2%
6.7%
4.5%
6.1%
4.9%
4.9%
8.0%
4.5%
1,538
25,703
12,069
6,000
21,723
799
31,242
11,862
1,741
386
2,574
32,071
9,803
9,064
12,294
25,802
1,904
26,200
3,820
18,620
9,567
13,167
6,028
9,041
16,585
1,867
1,441
24,148
11,347
5,591
20,679
764
30,073
11,048
1,604
371
2,427
30,871
9,273
8,715
10,291
23,532
1,638
24,703
3,606
17,157
9,109
12,353
5,688
8,589
15,090
1,781
97
1,555
722
409
1,044
35
1,169
814
137
15
147
1,200
530
349
2,003
2,270
266
1,497
214
1,463
458
814
340
452
1,495
86
6.3%
6.0%
6.0%
6.8%
4.8%
4.4%
3.7%
6.9%
7.9%
3.9%
5.7%
3.7%
5.4%
3.9%
16.3%
8.8%
14.0%
5.7%
5.6%
7.9%
4.8%
6.2%
5.6%
5.0%
9.0%
4.6%
Unemployment Rates in New Mexico - Not Seasonally Adjusted
PRELIMINARY NOVEMBER 2014
AREAS
LUNA
MORA
MCKINLEY
TAOS
GUADALUPE
RIO ARRIBA
CATRON
GRANT
LAS CRUCES MSA
ALBUQUERQUE MSA
COLFAX
SAN MIGUEL
CIBOLA
STATEWIDE
OTERO
CHAVES
FARMINGTON MSA
QUAY
HIDALGO
SIERRA
LINCOLN
SOCORRO
UNION
SANTA FE MSA
CURRY
DE BACA
ROOSEVELT
HARDING
LOS ALAMOS
LEA
EDDY
REVISED OCTOBER 2014
RANK
RATE
AREAS
1
2
3
4
5
6
7
7
7
10
10
12
13
16.2%
13.2%
8.8%
8.4%
7.9%
7.1%
6.7%
6.7%
6.7%
6.4%
6.4%
6.3%
6.2%
6.2%
6.1%
6.0%
5.8%
5.7%
5.6%
5.5%
5.3%
5.0%
5.0%
4.9%
4.8%
4.8%
4.5%
4.4%
3.8%
3.7%
3.6%
LUNA
MORA
MCKINLEY
TAOS
GUADALUPE
RIO ARRIBA
GRANT
LAS CRUCES MSA
ALBUQUERQUE MSA
SAN MIGUEL
CIBOLA
OTERO
STATEWIDE
COLFAX
CHAVES
CATRON
FARMINGTON MSA
QUAY
HIDALGO
SIERRA
SOCORRO
LINCOLN
SANTA FE MSA
CURRY
DE BACA
ROOSEVELT
UNION
LEA
LOS ALAMOS
EDDY
HARDING
14
15
16
17
18
19
20
21
21
23
24
24
26
27
28
29
30
RANK
RATE
AREAS
1
1
3
4
5
6
7
8
9
10
11
12
11.3%
11.3%
8.7%
8.0%
7.1%
6.7%
6.6%
6.3%
6.2%
6.1%
6.0%
5.9%
5.9%
5.8%
5.7%
5.6%
5.6%
5.2%
5.1%
4.9%
4.9%
4.8%
4.8%
4.7%
4.5%
4.5%
4.5%
3.6%
3.6%
3.5%
2.9%
LUNA
MORA
TAOS
MCKINLEY
GUADALUPE
RIO ARRIBA
GRANT
COLFAX
LAS CRUCES MSA
ALBUQUERQUE MSA
CATRON
STATEWIDE
SAN MIGUEL
CHAVES
CIBOLA
FARMINGTON MSA
HIDALGO
OTERO
QUAY
SIERRA
LINCOLN
SANTA FE MSA
SOCORRO
CURRY
ROOSEVELT
UNION
DE BACA
HARDING
LOS ALAMOS
EDDY
LEA
13
14
15
15
17
18
19
19
21
21
23
24
24
24
27
27
29
30
19
REVISED NOVEMBER 2013
RANK
RATE
1
2
3
4
5
5
7
8
8
10
11
16.3%
14.0%
9.0%
8.8%
7.9%
7.9%
6.9%
6.8%
6.8%
6.6%
6.3%
6.3%
6.2%
6.0%
6.0%
6.0%
5.7%
5.7%
5.6%
5.6%
5.4%
5.0%
5.0%
4.8%
4.8%
4.6%
4.4%
3.9%
3.9%
3.7%
3.7%
12
13
13
13
16
16
18
18
20
21
21
23
23
25
26
27
27
29
29
Unemployment Rate by State
(Seasonally Adjusted)
November 2014
State
District of Columbia
Mississippi
California
Georgia
Rhode Island
Oregon
Nevada
Arizona
Tennessee
Michigan
South Carolina
Alaska
Connecticut
Louisiana
Illinois
New Jersey
New Mexico
West Virginia
Washington
Alabama
Delaware
Kentucky
New York
Arkansas
Florida
Massachusetts
North Carolina
United States
Indiana
Maine
Maryland
Missouri
Wisconsin
Pennsylvania
Ohio
Virginia
Texas
Wyoming
Oklahoma
Iowa
Kansas
Montana
Vermont
Colorado
New Hampshire
Hawaii
Idaho
Minnesota
Utah
South Dakota
Nebraska
North Dakota
Rank Rate
1
7.4
2
7.3
3
7.2
3
7.2
5
7.1
6
7.0
7
6.9
8
6.8
8
6.8
10
6.7
10
6.7
12
6.6
13
6.5
13
6.5
15
6.4
15
6.4
15
6.4
18
6.3
19
6.2
20
6.0
20
6.0
22
6.0
23
5.9
24
5.8
24
5.8
24
5.8
24
5.8
5.8
28
5.7
28
5.7
30
5.6
30
5.6
32
5.2
33
5.1
34
5.0
34
5.0
36
4.9
37
4.5
38
4.4
39
4.3
39
4.3
39
4.3
39
4.3
43
4.1
43
4.1
45
4.0
46
3.9
47
3.7
48
3.6
49
3.3
50
3.1
51
2.7
New Mexico Nonagricultural Wage and Salary
Employment
Annual Growth Rates by Industry
November 2013
State
Rhode Island
Nevada
Illinois
Michigan
California
Kentucky
Mississippi
Tennessee
Arizona
District of Columbia
Georgia
Arkansas
Connecticut
New Jersey
Oregon
North Carolina
Ohio
Massachusetts
New York
United States
Indiana
Pennsylvania
South Carolina
Washington
New Mexico
Alaska
Florida
Maine
Wisconsin
Colorado
Delaware
Alabama
Maryland
West Virginia
Missouri
Texas
Idaho
Louisiana
Oklahoma
Montana
Virginia
New Hampshire
Kansas
Minnesota
Hawaii
Wyoming
Vermont
Iowa
Utah
Nebraska
South Dakota
North Dakota
Source: U.S. Department of Labor, Bureau of Labor Statistics
Rank Rate
1
9.4
2
9.1
3
9.0
4
8.5
5
8.4
6
8.1
7
8.0
8
7.9
9
7.8
9
7.8
11
7.6
12
7.5
12
7.5
14
7.4
15
7.3
16
7.2
16
7.2
18
7.1
18
7.1
7.0
20
6.9
20
6.9
22
6.8
22
6.8
24
6.7
25
6.5
25
6.5
27
6.4
27
6.4
29
6.3
29
6.3
31
6.2
31
6.2
31
6.2
34
6.1
34
6.1
36
5.7
37
5.6
38
5.5
39
5.4
40
5.3
41
5.2
42
5.0
43
4.8
44
4.7
45
4.5
46
4.3
47
4.2
48
4.0
49
3.7
50
3.6
51
2.7
Mining & Logging
8.0%
Information
7.0%
Education and Health Services
4.9%
Other Services
4.7%
Financial Activities
4.1%
Trans, Warehousing & Utilities
3.8%
Retail Trade
2.0%
Wholesale Trade
1.9%
Total Nonfarm
1.7%
Construction
1.6%
Leisure and Hospitality
1.0%
Government
-0.3%
Professional & Business Services
-2.2%
Manufacturing
-5.2%
NAICS Industries
Wholesale Trade
Trans, Warehousing
3%
& Utilities
Information
2%
3%
Mining & Logging
3%
Manufacturing
3%
Government
Other Services
24%
3%
Financial Activities
4%
Construction
5%
Education & Health
Services
Leisure & Hospitality
16%
10%
Prof. & Business
Retail Trade
12%
20
Services
12%
Nonagricultural Wage and Salary Employment
NEW MEXICO
TOTAL NONFARM EMPLOYMENT
Preliminary
Nov-14
829,800
TOTAL PRIVATE
GOODS-PRODUCING
SERVICE-PROVIDING
634,100
98,800
731,000
Revised
Oct-14
826,200
630,300
98,800
727,400
Revised
Nov-13
815,700
619,400
97,500
718,200
Change
Monthly
Yearly
3,600
14,100
3,800
0
3,600
14,700
1,300
12,800
MINING & LOGGING
28,300
28,000
26,200
300
2,100
CONSTRUCTION
43,400
43,400
42,700
0
700
MANUFACTURING
27,100
27,400
28,600
-300
-1,500
WHOLESALE TRADE
21,700
21,600
21,300
100
400
RETAIL TRADE
95,900
92,800
94,000
3,100
1,900
TRANSPORTATION, WAREHOUSING & UTILITIES
24,600
24,200
23,700
400
900
INFORMATION
13,700
13,200
12,800
500
900
FINANCIAL ACTIVITIES
35,700
36,000
34,300
-300
1,400
PROFESSIONAL & BUSINESS SERVICES
97,500
97,100
97,900
400
-400
130,100
129,200
124,000
900
6,100
LEISURE & HOSPITALITY
87,000
88,100
86,100
-1,100
900
OTHER SERVICES
29,100
29,300
27,800
-200
1,300
195,700
29,500
60,700
31,300
105,500
55,900
195,900
29,900
60,500
31,000
105,500
55,900
196,300
29,700
60,800
31,700
105,800
56,600
-200
-400
200
300
0
0
-600
-200
-100
-400
-300
-700
Preliminary
Nov-14
374,300
290,400
35,700
338,600
Revised
Oct-14
371,700
287,900
35,300
336,400
MINING, LOGGING & CONSTRUCTION
19,400
19,000
19,700
400
-300
MANUFACTURING
16,300
16,300
16,900
0
-600
WHOLESALE TRADE
11,200
11,200
11,200
0
0
RETAIL TRADE
43,100
41,200
42,100
1,900
1,000
TRANSPORTATION, WAREHOUSING & UTILITIES
10,200
10,000
9,800
200
400
8,000
7,600
7,500
400
500
FINANCIAL ACTIVITIES
18,100
18,200
18,000
-100
100
PROFESSIONAL & BUSINESS SERVICES
54,500
54,500
55,000
0
-500
EDUCATION AND HEALTH SERVICES
60,300
60,000
57,900
300
2,400
LEISURE AND HOSPITALITY
37,900
38,300
38,100
-400
-200
OTHER SERVICES
11,400
11,600
11,400
-200
0
GOVERNMENT
Federal Government
State Government
Local Government
83,900
14,300
28,800
40,800
83,800
14,300
28,600
40,900
83,800
14,400
28,400
41,000
100
0
200
-100
100
-100
400
-200
EDUCATION & HEALTH SERVICES
GOVERNMENT
Federal Government
State Government
State Government Education
Local Government
Local Government Education
ALBUQUERQUE MSA
TOTAL NONFARM EMPLOYMENT
TOTAL PRIVATE
GOODS-PRODUCING
SERVICE-PROVIDING
INFORMATION
21
Revised
Change
Nov-13
Monthly
Yearly
371,400
2,600
2,900
287,600
2,500
2,800
36,600
400
-900
334,800
2,200
3,800
Nonagricultural Wage and Salary Employment
Revised
Change
Nov-13
Monthly
Yearly
71,800
500
300
50,600
500
700
6,300
0
-100
65,500
500
400
Preliminary
Nov-14
72,100
51,300
6,200
65,900
Revised
Oct-14
71,600
50,800
6,200
65,400
MINING, LOGGING & CONSTRUCTION
3,400
3,400
3,500
0
-100
MANUFACTURING
2,800
2,800
2,800
0
0
WHOLESALE TRADE
1,100
1,100
1,000
0
100
RETAIL TRADE
8,000
7,600
7,900
400
100
TRANSPORTATION, WAREHOUSING & UTILITIES
1,600
1,600
1,800
0
-200
900
900
900
0
0
2,600
2,600
2,600
0
0
LAS CRUCES MSA
TOTAL NONFARM EMPLOYMENT
TOTAL PRIVATE
GOODS-PRODUCING
SERVICE-PROVIDING
INFORMATION
FINANCIAL ACTIVITIES
7,600
7,700
7,300
-100
300
13,700
13,600
13,300
100
400
LEISURE & HOSPITALITY
8,100
8,000
8,000
100
100
OTHER SERVICES
1,500
1,500
1,500
0
0
20,800
3,500
8,200
9,100
Preliminary
Nov-14
62,400
45,700
4,100
58,300
20,800
3,500
8,200
9,100
Revised
Oct-14
62,000
45,400
4,200
57,800
3,300
3,400
3,100
-100
200
MANUFACTURING
800
800
800
0
0
WHOLESALE TRADE
900
900
900
0
0
PROFESSIONAL & BUSINESS SERVICES
EDUCATION & HEALTH SERVICES
GOVERNMENT
Federal
State
Local
SANTA FE MSA
TOTAL NONFARM EMPLOYMENT
TOTAL PRIVATE
GOODS-PRODUCING
SERVICE-PROVIDING
MINING, LOGGING & CONSTRUCTION
21,200
0
-400
3,700
0
-200
8,400
0
-200
9,100
0
0
Revised
Change
Nov-13
Monthly
Yearly
62,100
400
300
45,500
300
200
3,900
-100
200
58,200
500
100
8,900
8,600
9,200
300
-300
TRANSPORTATION, WAREHOUSING & UTILITIES
800
700
700
100
100
INFORMATION
900
800
900
100
0
2,700
2,700
2,700
0
0
RETAIL TRADE
FINANCIAL ACTIVITIES
4,400
4,400
4,500
0
-100
10,600
10,500
10,500
100
100
LEISURE & HOSPITALITY
9,300
9,500
9,100
-200
200
OTHER SERVICES
3,100
3,100
3,100
0
0
16,700
900
8,300
7,500
Preliminary
Nov-14
50,900
39,300
11,600
39,300
27,700
16,600
900
8,200
7,500
Revised
Oct-14
50,700
39,100
11,700
39,000
27,400
11,600
1,500
500
9,600
11,600
1,500
500
9,600
PROFESSIONAL & BUSINESS SERVICES
EDUCATION & HEALTH SERVICES
GOVERNMENT
Federal
State
Local
FARMINGTON MSA
TOTAL NONFARM EMPLOYMENT
TOTAL PRIVATE
GOODS-PRODUCING
SERVICE-PROVIDING
PRIVATE SERVICE-PROVIDING
GOVERNMENT
Federal
State
Local
22
16,600
100
100
900
0
0
8,200
100
100
7,500
0
0
Revised
Change
Nov-13
Monthly
Yearly
50,400
200
500
38,900
200
400
11,400
-100
200
39,000
300
300
27,500
300
200
11,500
1,500
500
9,500
0
0
0
0
100
0
0
100
Nonagricultural Wage and Salary Employment - Seasonally Adjusted
NEW MEXICO
Prelim
Nov-14
Revised
Oct-14
Revised
Nov-13
Monthly
Change
TOTAL NONFARM EMPLOYMENT
MINING & LOGGING
CONSTRUCTION
MANUFACTURING
TRADE, TRANSPORTATION & UTILITIES
Wholesale Trade
Retail Trade
Transportation, Warehousing & Utilities
INFORMATION (Not Seasonally Adjusted)
FINANCIAL ACTIVITIES
PROFESSIONAL & BUSINESS SERVICES
EDUCATION & HEALTH SERVICES
LEISURE & HOSPITALITY
OTHER SERVICES
GOVERNMENT
Federal Government
State Government
Local Government
825,800
28,400
43,200
26,800
140,900
21,800
94,700
24,400
13,700
35,500
97,500
129,300
89,100
29,300
192,100
29,700
58,700
103,700
821,800
27,900
42,900
26,900
138,500
21,600
92,700
24,200
13,200
36,200
97,300
128,300
87,800
29,800
193,000
30,000
58,800
104,200
811,100
26,300
42,600
28,600
137,200
21,400
92,300
23,500
12,800
34,100
97,700
123,300
87,700
28,000
192,800
30,000
58,800
104,000
4,000
500
300
-100
2,400
200
2,000
200
500
-700
200
1,000
1,300
-500
-900
-300
-100
-500
371,300
50,600
71,100
62,300
370,300
50,300
70,700
62,000
368,900
50,000
71,000
61,900
1,000
300
400
300
ALBUQUERQUE
FARMINGTON
LAS CRUCES
SANTA FE
Average Hours and Earnings
(Prepared in cooperation with the U.S. Department of Labor)
AVERAGE WEEKLY EARNINGS
NEW MEXICO
Preliminary
Revised
$676.70
Nov-14
MANUFACTURING
AVERAGE WEEKLY HOURS
Oct-14
Revised
Nov-13
Preliminary
Revised
$636.79
$696.94
40.4
Nov-14
AVERAGE HOURLY EARNINGS
Oct-14
Revised
Nov-13
Preliminary
Revised
Oct-14
Nov-13
38.2
40.1
$16.75
$16.67
$17.38
Nov-14
U.S. Consumer Price Index
Nov 14
236.2
231.6
CPI-U
CPI-W
Index Base Year 1982-84 = 100
Oct 14
237.4
233.2
Nov 13
233.1
229.1
Data not seasonally adjusted.
*CPI-U - All Urban Consumers
PERCENT CHANGE
Month to Month
Year to Year
-0.5%
1.3%
-0.7%
1.1%
Source: U.S. Dept. of Labor, Bureau of Labor Statistics.
*CPI-W - Urban Wage Earners and Clerical Workers
CPI-U Year-to-Year Change
January 1988 to November 2014
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
-1.0
-2.0
-3.0
23
Revised
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:
Joy Forehand, Deputy Cabinet Secretary
Rachel Moskowitz, Bureau Chief
Stacy Johnston, Public Relations Specialist
Ashley Leach, Economist
Tracy Shaleen, Economist
Mark Flaherty, Economist