1. society
2. work
3. unemployment

Volume 43 No. 10 Published December 1, 2014
New Mexico
Labor Market Review
What’s Inside
Highlights: October 2014
Labor Market Data
•
New Mexico’s rate of over-the-year job growth, comparing October 2014 with October
2013, was 1.1 percent, representing a gain of 9,100 jobs.
•
Albuquerque MSA total nonfarm employment grew by 0.1 percent over the year,
adding 300 jobs.
•
Over the year, the employment in Las Cruces MSA increased by 200 jobs, or 0.3
percent.
•
Total nonfarm employment in the Santa Fe MSA grew by 0.2 percent, representing a
gain of 100 jobs.
•
Over the year, total nonfarm employment increased by 1.2 percent, or 600 jobs, in the
Farmington MSA.
Current Regional Nonfarm Employment Growth
4.5%
4.0%
October
20142014
over
October
2013 - Not
Seasonally
October
over
October 2013-Not
Seasonally
Adjusted Adjusted
3.9%
3.5%
3.6%
3.0%
2.8%
2.6%
2.5%
2.4%
2.2%
2.2%
2.0%
2.0%
1.6%
1.5%
1.1%
1.0%
0.5%
0.0%
TX
UT
NV
AZ
CO
OK
CA
US
WY
NM
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
growth of mining jobs within the state. Miscellaneous other services
improved on last month’s return to positive growth, adding 1,500
jobs, or 5.4 percent, over the year.
New Mexico’s seasonally adjusted unemployment rate (based
on the Current Population Survey, also known as the household
survey) was 6.5 percent in October 2014, down from 6.6 percent
in September and down from 6.8 percent a year ago. The national
unemployment rate was 5.8 percent, down from September’s rate
of 5.9 percent and down from 7.2 percent in October 2013.
Retail trade’s growth was somewhat muted in October compared
with higher gains earlier in the year, adding 1,000 jobs, or 1.1
percent, over the year. Information, up 700; transportation,
warehousing, and utilities, up 500; leisure and hospitality, up 400
jobs; and wholesale trade, up 100 jobs, each contributed smaller
increases.
New Mexico Unemployment Rate
(Percent, Seasonally Adusted)
January 2007 to October 2014
10.5
The remaining three private-sector industries all reported losses.
Manufacturing was down 2,300 jobs, or 7.7 percent. Employment
within professional and business services was down 1,000 jobs, or
1.0 percent. Construction employment was down for the ninth
consecutive month, though losses have settled at a lower rate than
earlier in the year, losing 200 jobs, or 0.5 percent.
9.5
8.5
New
Mexico
7.5
6.5
5.5
United
States
4.5
Government employment registered a net loss of 200 jobs since
October of last year, representing a 0.1 percent decline. Most losses
occurred within federal and state government, each of which shed
200 jobs. The local government sector gained 200 jobs, representing
a 0.2 percent increase.
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 9,100 jobs, or 1.1 percent, over the year, comparing October
2014 with October 2013. This represented the largest all-industry
increase in 17 months. Net job gains have been steadily increasing
since June 2014 after eight months of year-over-year losses. This
month’s job growth had the broadest industrial base since August
2013, with gains in nine industries more than offsetting losses
in four others. Aggregate employment within service providing
industries grew by 9,900 jobs, or 1.4 percent, while employment in
goods-producing industries contracted by 800 jobs, or 0.8 percent.
Albuquerque MSA
(Bernalillo, Sandoval, Torrance, and Valencia
Counties)
The seasonally adjusted unemployment rate for the Albuquerque
MSA was 6.6 percent in October, down from 6.7 percent in
September and down from 7.1 percent a year earlier.
Albuquerque MSA
Over-the-Year Job Gains/Losses
and Total Nonfarm Growth Rate
8.0
Job Gains/Losses (In Thousands)
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
New Mexico
Education and Health Services Employment
Over-the-Year Job Gains, January 2002 to October 2014
-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
-8.0
Total Private
Government
Total Nonfarm Growth Rate
Total nonfarm payroll employment in the Albuquerque MSA
grew by 0.1 percent over the year in October, adding 300 jobs. This
modest net job gain represents the second month of year-overyear growth for Albuquerque in the last 13 months. The private
sector gained 100 jobs, while the public sector gained 200 jobs, in
the aggregate, from October 2013. Losses occurred in the goodsproducing industries, with employment falling by 1,700 jobs, or
4.6 percent. Service-providing industries reported an additional
2,000 jobs, in aggregate, representing an increase of 0.6 percent.
As with the state as a whole, Albuquerque had a broader base
of growing industries than the previous 12 months, with seven
industries posting over-the-year gains in October 2014 and the
remaining five posting losses.
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Education and health services continued to add considerably more
new jobs than other industries, with an increase of 4,900 jobs, or 3.9
percent, over the year. The last four months of employment gains in
this industry have exceeded 4,000 and represent the highest gains
since March 2009. Financial activities continued to show positive
signs, with an increase of 2,000 jobs, or 5.9 percent, over the year.
This month, mining posted its highest rate of growth of 2014,
with employment up 1,700 jobs, or 6.4 percent. Nevertheless,
recent well-publicized falls in national oil prices may affect future
2
6.5%
Over-the-Year Growth Rates
4.5%
2.5%
Oct-14
Oct-13
Apr-14
Oct-12
Apr-13
Apr-12
Oct-11
Oct-10
Apr-11
Apr-10
Oct-09
Oct-08
Apr-09
Oct-07
Apr-08
Oct-06
Apr-07
Oct-05
Apr-06
Oct-04
Apr-05
Oct-03
Apr-04
Apr-03
Oct-02
Oct-01
Apr-02
Apr-01
-1.5%
Oct-00
0.5%
-3.5%
New Mexico
-5.5%
Albuquerque
-7.5%
Las Cruces MSA
Education and health services registered its fifth continuous
month of job growth greater than 1,500. Adding 1,800 jobs and
growing at a rate of 3.1 percent, it remains the most buoyant
sector in Albuquerque, making up over two thirds of gross job
gains over the year. Employment in retail trade was up 300 jobs,
or 0.7 percent. Financial activities added 200 jobs, growing by 1.1
percent, over the year. This industry has been growing continuously
since October 2012, apart from one month of negative growth in
March 2013. The information industry reported 100 new jobs, an
increase of 1.4 percent. Transportation, warehousing, and utilities
posted an increase of 1.0 percent, amounting to an additional 100
jobs. Employment within miscellaneous other services increased by
100 jobs, or 0.9 percent, from October 2013.
(Doña Ana County)
The seasonally adjusted unemployment rate for the Las Cruces
MSA was 7.0 percent in October, down from 7.1 percent in
September and down from 7.4 percent a year earlier.
Las Cruces MSA
Over-the-Year Job Gains/Losses
and Total Nonfarm Growth Rate
Manufacturing employment was down 1,000 jobs, or 5.8 percent.
Losses in the industry have settled between 800 and 1,000 for
the last 12 months. Construction reported a loss of 700 jobs, or
3.6 percent. Professional and business services posted a loss of
300 jobs, a decrease of 0.5 percent from its year-ago employment
level. Leisure and hospitality was down 400 jobs over the year, a
decrease of 1.0 percent. Wholesale trade lost 100 jobs, representing
a decrease of 0.9 percent.
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
-3.0%
Total Private
Government
Total Nonfarm Growth Rate
Over the month, total nonfarm employment in the Las Cruces
MSA increased by 600 jobs, or 0.8 percent.Total private employment
contracted by 100 jobs from September, representing a decrease
of 0.2 percent. The public sector added 700 jobs, registering a
3.5 percent rate of growth. The goods-producing industries were
down 200 jobs, and the service-providing industries (including
government) were up 800 jobs.
Employment in the public sector increased by 200 jobs, or 0.2
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 500 jobs in state government. The
accompanying chart displays recent employment trends.
Of the 11 private-sector industries, manufacturing, retail trade,
professional and business services, and leisure and hospitality
each added 100 jobs. This represented growth of 3.7 percent in
manufacturing, while the other three industries all grew by 1.3
percent.
6.5%
Over-the-Year Growth Rates
4.5%
2.5%
-3.5%
-5.5%
-7.5%
New Mexico
Las Cruces
3
Oct-14
Oct-13
Apr-14
Apr-13
Oct-12
Oct-11
Apr-12
Apr-11
Oct-10
Oct-09
Apr-10
Apr-09
Oct-08
Apr-08
Oct-07
Oct-06
Apr-07
Apr-06
Oct-05
Oct-04
Apr-05
Apr-04
Oct-03
Apr-03
Oct-02
Apr-02
Oct-01
Apr-01
Oct-00
0.5%
-1.5%
Total Nonfarm Growth Rate
Job Gains/Losses (In Thousands)
2.0
Employment in construction was down 300 jobs, or 8.1 percent, from
September. Over the month, wholesale trade and miscellaneous
other services each lost 100 jobs, declining by 8.3 percent and 6.3
percent, respectively. Employment in the remaining four privatesector industries was unchanged.
2.0%
0.5
1.0%
0.0
0.0%
-0.5
-1.0%
-1.0
-2.0%
-1.5
-3.0%
Total Private
Over the year, total nonfarm employment increased by 0.3 percent
in the Las Cruces MSA, adding 200 jobs. Private-sector industries
added a total of 300 jobs, a 0.6 percent increase in their aggregate
employment level. The public sector was down 100 jobs, a decline
of 0.5 percent. The goods-producing industries were down 200
jobs, whereas employment in the service-providing industries was
up 400 jobs, in the aggregate, from October 2013.
Government
Total Nonfarm Growth Rate
sector added 200 jobs, or 1.2 percent, in the aggregate. The goodsproducing industries were up 100 jobs, and the service-providing
industries (including government) were up 400 jobs.
Within the private sector, education and health services reported a
gain of 200 jobs, amounting to an increase of 1.9 percent. Financial
activities, construction, and retail trade each posted gains of 100
jobs, resulting in increases of 3.8 percent, 3.0 percent, and 1.2
percent, respectively.
Bucking the statewide trend, professional and business services
posted its twenty-fourth continuous month of growth, as
employment increased by 400 jobs, or 5.5 percent, over the year.
Education and health services added 300 jobs, representing an
over-the-year gain of 2.3 percent. Wholesale trade was up 100
jobs, or 10.0 percent.
Leisure and hospitality lost 200 jobs, a contraction of 2.1 percent.
There were no over-the-month changes in employment in the
remaining six private industries—manufacturing; wholesale trade;
transportation, warehousing, and utilities; information; professional
and business services; and miscellaneous other services.
Transportation, warehousing, and utilities contracted by 200 jobs,
reflecting a loss of 11.1 percent. Retail trade was down 100 jobs,
or 1.3 percent. Employment was unchanged in the remaining
private-sector industries—manufacturing; information; financial
activities; leisure and hospitality; and miscellaneous other services.
Within the public sector, local government was up 200 jobs, or
2.7 percent, while state government and federal government
employment remained unchanged over the month.
Over the year, total nonfarm employment in the Santa Fe MSA
grew by 0.2 percent, representing a gain of 100 jobs. The private
sector remained unchanged in the aggregate. The public sector
gained 100 jobs, representing an increase in employment of 0.6
percent from October 2013. The goods-producing industries were
up 200 jobs, or 5.0 percent, and the service-providing industries
(including government) were down 100 jobs, or 0.2 percent.
Within the public sector, state and federal government each lost
100 jobs, while local government employment was up 100 jobs.
The accompanying chart displays recent employment trends.
Santa Fe MSA
(Santa Fe County)
In its fifteenth month of continuous growth, construction gained
200 jobs, reflecting an increase of 6.2 percent. Leisure and
hospitality and education and health services each added 100 jobs,
representing gains of 1.1 percent and 1.0 percent, respectively.
Retail trade contracted by 300 jobs, or 3.4 percent. Professional
and business services lost 100 jobs, representing a decrease of 2.2
percent. The remaining private-sector industries—manufacturing;
The seasonally adjusted unemployment rate for the Santa Fe MSA
was 5.1 percent in October, down from 5.2 percent in September
and down from 5.3 percent a year earlier.
Over the month, total nonfarm employment in the Santa Fe MSA
increased by 500 jobs, or 0.8 percent. The private sector added
300 jobs, representing an increase of 0.7 percent, and the public
6.5%
3.0%
1.0
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
Within the public sector, state government added 500 jobs,
amounting to an increase of 6.5 percent, while federal government
and local government each added 100 jobs. This represented a
growth rate of 2.9 percent for federal government and 1.1 percent
for local government.
1.5
Over-the-Year Growth Rates
4.5%
2.5%
-3.5%
-5.5%
New Mexico
Santa Fe
-7.5%
4
Oct-14
Oct-13
Apr-14
Apr-13
Oct-12
Oct-11
Apr-12
Oct-10
Apr-11
Apr-10
Oct-09
Apr-09
Oct-08
Oct-07
Apr-08
Apr-07
Oct-06
Oct-05
Apr-06
Oct-04
Apr-05
Oct-03
Apr-04
Oct-02
Apr-03
Oct-01
Apr-02
Oct-00
Apr-01
0.5%
-1.5%
Total Nonfarm Growth Rate
Job Gains/Losses (In Thousands)
Santa Fe MSA
Over-the-Year Job Gains/Losses
and Total Nonfarm Growth Rate
wholesale trade; transportation, warehousing, and utilities;
information; financial activities; and miscellaneous other services—
did not see a change from their October 2013 employment levels.
Over the month, total nonfarm employment in the Farmington
MSA grew by 3.5 percent, adding 1,700 jobs, the majority of
which were from the private sector. The private sector added 1,400
jobs, an increase of 3.7 percent. The public sector recorded a gain
of 300 jobs, or 2.7 percent. Within the private sector, the goodsproducing industries added 1,200 jobs, an increase of 11.4 percent,
while the service-providing industries (excluding government)
gained 200 jobs, an increase of 0.7 percent. Employment
within local government grew by 3.2 percent, adding 300 jobs.
Employment within federal government and state government
remained unchanged over the month.
In the public sector, while local government gained 100 jobs,
employment in both federal government and state 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 600 jobs,
or 1.2 percent, in its total nonfarm employment level. Goodsproducing industries reversed a 12-month downward trend, with
a gain of 300 jobs, or 2.6 percent. 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
October 2013. Local government grew by 100 jobs, or 1.1 percent,
while 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 6.3 percent in October, down from 6.4 percent in
September and down from 6.6 percent a year earlier.
4.0%
1.5
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
2.0
Total Nonfarm Growth Rate
Total Private
Government
Total Nonfarm Growth Rate
7.5%
Over-the-Year Growth Rates
5.5%
3.5%
-4.5%
-6.5%
-8.5%
New Mexico
Farmington
-10.5%
5
Oct-14
Oct-13
Apr-14
Oct-12
Apr-13
Oct-11
Apr-12
Oct-10
Apr-11
Oct-09
Apr-10
Oct-08
Apr-09
Apr-08
Oct-07
Oct-06
Apr-07
Oct-05
Apr-06
Oct-04
Apr-05
Oct-03
Apr-04
Apr-03
Oct-02
Oct-01
-2.5%
Apr-02
-0.5%
Oct-00
1.5%
Apr-01
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 October meeting, the New Mexico Economic Development
Department’s Job Training Incentive Program ( JTIP) board
approved $625,803 in funding to support 88 new jobs with
eight New Mexico companies. Award details are as follows: xF
Technologies, Inc., a biofuel company that has developed a process
that enriches petroleum fuels with oxygen to lower particulate
emissions, Albuquerque, $77,895 for five jobs; Samson Equipment,
a manufacturer of sports fitness and training machines and
equipment, Las Cruces, $33,989 for five jobs; Santa Fe Brewing
Company, a producer of micro-brewed beer, Santa Fe, $29,147
for five jobs; Private Label Select Ltd. Company, a manufacturer
of organic lip balms, tints, glosses, and other personal care and
cosmetics products, Taos, $69,611 for ten jobs; P4Q USA, Inc.,
a manufacturer of electronic components for the railway and
automotive sectors, Albuquerque, $61,720 for 15 jobs; Rio Bravo
Brewing Company LLC, a producer of micro-brewed beer,
Albuquerque, $16,730 for one job; Aircraft Technical Support, a
company that refurbishes aircraft parts for sale, Roswell, $330,507
for 44 jobs; and Canon ITS, Inc., a provider of technical support for
consumers of Canon products like digital cameras, Albuquerque,
$6,204 for three jobs (an amendment to previously approved funds
for the company).
the center will begin soon in anticipation of a February opening,
with full staffing expected to be reached in June of 2015.
Eight New Mexico communities have been selected as New
Mexico Frontier Communities, including Anton Chico, Aztec,
Carrizozo, Edgewood, Galisteo, Magdalena, Questa, and Tularosa.
The Frontier Communities Program is an economic development
partnership program that supplies funding for economic projects
within traditional or historical commercial districts in communities
that are not able to participate in the MainStreet program because
they have populations of 7,500 or less.
The Albuquerque City Council approved the spending of $36
million in bonding capacity for the planned development of a
sports complex on the West Side of town ($13 million), economic
development projects along Central Avenue ($13 million), and
grants to be provided to companies that would bring jobs to
Albuquerque ($10 million). The bonding capacity comes from
money set aside in the city’s operating budget this year.
New Mexico has received $4,477,239 million in State Small
Business Credit Initiative (SSBCI) funds from the U.S. Treasury
to help small businesses access capital. One of the purposes of
SSBCI is to foster job creation, and, according to the New Mexico
Economic Development Department, the program has created
more than 132 jobs and over $24,764,030 million in private
investment in New Mexico through $13,168,350 in program funds
to date. SSBCI loans and investments are not repaid to the federal
government, but to participating states to be redeployed locally.
United Poly Systems, a manufacturer of high density polyethylene
pipe for the communications, power utility, municipal and industrial,
and oil and gas markets, is looking to expand in Bernalillo County.
The county commission approved $9 million in industrial revenue
bonds for the company, which anticipates locating operations in
Mesa del Sol and creating 30 new jobs by the end of 2016.
Belen Area, Valencia County:
Global Fashion Technologies, Inc., a clothing manufacturing
company that uses pre-consumer production waste fabric to
produce new clothing products, announced it will be opening a
new manufacturing facility in the Rio Grande Industrial Park. The
facility will be located in the old 165,000-square-foot Solo Cup
facility, with six production lines anticipated to be in operation.
Some work will need to be completed on the existing facility before
operations can begin. The operations are anticipated to create 300
jobs.
Central Workforce Investment Area
Albuquerque Area, Bernalillo County:
Comcast announced that it will open a national customer service
call center in Albuquerque in 2015 that will primarily cater to
Spanish speakers and will employ up to 450 people. The new
operations will represent an expansion of Comcast’s current
operations in the state, which include the employment of around
400. The company will fill a 51,000-square-foot facility. Hiring for
6
Elida and Dora Areas, Roosevelt County:
Valencia County commissioners enacted a hiring freeze for all nonsafety employees and a freeze on salary adjustments. The decision
will impact around 284 full-time county workers. The freeze comes
as the county faces a depletion of reserves and concerns that
expenditures will exceed budgeted amounts.
The Moriarty City Council approved the filing of an application
to receive $537,000 in grant funding to help develop a bicycle and
equine trail on the old New Mexico Central Railroad bed. The
project, which would require that the city match grant funds with
$81,000, includes three phases encompassing the full development
of a 14.7-mile trail between Moriarty and Estancia. Moriarty and
Estancia would be expected to foot the bill for any development
within city limits. The total project is anticipated to cost up to $4
million.
The Roosevelt Wind Project,
LLC is nearing the start of
construction. EDF Renewable
Energy, which is heading the
project, is awaiting permits
and expects to break ground
in February. The farm will be
located between Elida and Dora
on 65,500 acres. With 150 wind
turbines, the farm is expected
to generate 300 megawatts of
electricity a year, enough to power
100,000 homes. The project is
also expected to bring $700,000
to the county annually over the
next 30 years through payments
in lieu of taxes (PILT). Construction of the project is anticipated
to require up to 200 workers, most of whom will be hired locally.
Permanent full-time jobs should equal around 12 to 17 workers
after completion of the project, with operations planned to begin
in November 2015.
Eastern Workforce Investment Area
Santa Rosa Area, Guadalupe County:
Rio Rancho Area, Sandoval County:
Sandia Laboratory Federal Credit Union has opened a branch in
Rio Rancho at the Unser Pavilion. The credit union currently has
seven branches in the Albuquerque area, serving more than 70,000
members and 800 member companies.
Moriarty Area, Torrance County:
The City of Santa Rosa has begun looking into expanding its
existing Guadalupe County Correctional Facility. The existing
facility, built 15 years ago, houses 600 inmates. Originally planned
to house 1,200 inmates, development on two other buildings was
never completed. Now, the city is planning to complete a feasibility
study on the state’s prison population needs and has reached out
to city residents to discuss the possibility of expansion. Several city
council members have stated that the expansion is much needed to
help bring better paying jobs to the county.
Alamogordo Area, Otero County:
Tucumcari Area, Quay County:
The Tucumcari Mountain Cheese
Factory Inc. is expanding its existing
manufacturing facility. The expansion,
which includes the investment of $4.5
million, is anticipated to generate up to
20 new jobs, with 10 to 12 permanent
full-time jobs expected by the end of
the expansion. The company will get
some help; the Greater Tucumcari
Economic Development Corporation
applied for $141,830 in Local Economic Development Act
(LEDA) funds to assist in financing water quality-enhancing
facilities at the factory. The facility has been in operation since
1995 and primarily produces feta cheese.
New Mexico State University–Alamogordo has established a
renewable energy program that offers a one-year certificate program
and two-year associate’s degree program. The program utilizes
a large renewable energy lab with training equipment for wind,
geo-thermal, and solar energy. The school also offers a 37-credit
advanced photovoltaic installation program meant to prepare
students (often journeymen electricians) for the certification from
the North American Board of Certified Energy Practitioners.
The new Albertsons should be opening in 2015 in Alamogordo,
according to company officials. The announcement comes after
project delays pushed completion out past the original opening
date of early 2014. The chain grocery store currently operates 600
locations in 16 states. The Alamogordo store will be the first in the
city in ten years.
Northern Workforce Investment Area
Clovis Area, Curry County:
Gallup Area, McKinley County:
A Raintree Thriftway store is under construction in Clovis. The
new 30,000-square-foot supermarket is expected to be completed
in 2015. Construction of the store is expected to spur additional
development on the site, including other retail stores and an office
complex.
Eight new businesses have opened in Gallup. The new businesses
include Sierra Building Systems, a general contracting company;
Livingston Audiology and Hearing Aid Center, a hearing aid
retailer; Radiant Home Health Care, a provider of home health
7
Southwestern Workforce Investment Area
services; Espress Yourself, a coffee shop; Today’s Restoration
DKI, a construction and restoration company; Cricket Wireless, a
retailer of wireless phones; Straight Edge Construction, a general
contracting company; and Anthony’s Cleaning Services, a provider
of janitorial services.
Las Cruces Area, Doña Ana County:
Three new businesses are coming to Rio Arriba County. Mia’s
Sopaipillas, a mobile food truck, will employ three people. El
Llano Creation Station Daycare, a child daycare and development
center, is anticipated to serve 17 students and employ six people,
and Bowdacious Archery and Supplies, an archery supply store, is
planning on employing two workers.
Several new businesses have expanded or opened in Las Cruces,
including a recently relocated Guzman Sport Karate Kickboxing,
which provides martial arts classes; the new Shoe Stop, a shoe
retailer; a second Jimmy John’s Gourmet Sandwiches; the second
Sweet CeCe’s Frozen Yogurt and Treats; the new ‘Tis a Season
retail store in Mesilla, which sells seasonal decorations, crafts, and
collectibles; the expanded Safe Haven Thrift Store, which has
taken over an additional 3,300 square feet to sell its gently-used
furniture and appliances; and Cripple Creek Realty, a real estate
brokerage company.
Dallas-based Synergy Medwaste LLC has approached Rio Arriba
County’s North Central Solid Waste Authority to develop a
waste-to-energy operation at the facility. Synergy Medwaste LLC
wants to build a plant and sorting facility on Ohkay Owingeh
Pueblo land that would generate electricity from waste. The
project is anticipated to create 10 to 25 jobs at the energy plant
and sorting facility. The company and authority are in the very
early stages of getting the project off the ground, which would
likely tie into Jemez Mountains Electric Cooperative grid, which
serves the Ohkay Owingeh Pueblo, upon the commencement of
operations.
The Las Cruces City Council is working through some kinks related
to the minimum wage increase it passed in September. In early
September, the council approved an increase in the minimum wage
to $10.10 an hour by 2017, with incremental increases to $8.40
and $9.20 an hour in January 2015 and January 2016, respectively.
The new ordinance conflicts, however, with an ordinance passed
in June that would see the minimum wage first increase in July
2015 to $8.00 an hour, with an increase in January of 2016 to a
wage different than the recently approved $9.20. The council is set
to take action on whether or not to repeal the first ordinance on
December 1.
Rio Arriba County:
Santa Fe Area, Santa Fe County:
Santa Teresa Area, Doña Ana County:
A 50-megawatt solar array that could potentially provide power
to more than 18,000 homes is being planned for development on
State Trust Land in Doña Ana County. The New Mexico State
Land Commission is taking bids for development of the array on
640 acres. Construction of the facility could generate up to 300
jobs, with 10 to 20 permanent jobs once the project is complete
and operating.
Sierra County:
The Sierra County detention center facility has closed. Twelve
employees were laid off, although a number of other employees
will continue to oversee a required transportation program and
conduct a detailed evaluation of the facility’s future viability. Sierra
County Manager Bruce Swingle stated that the closure was driven
by concerns related to operations and the physical structure of
the facility which have created security and safety problems. All
inmates were transferred to the Luna County holding facility.
Christus St. Vincent Regional Medical Center announced it
plans to develop a new housing wing at its existing center, with
renovations to the existing center to be included in the project. The
project, estimated to cost $40 million, will include 36 additional
rooms and the conversion of current double-patient rooms into
private rooms. The projected is expected to be completed in 2018.
The City of Santa Fe will be creating a Santa Fe Public Power
Utility. Mayor Javier Gonzales announced that the new utility will
pursue rapid renewable energy deployment, local green economic
development, and an aggressive greenhouse gas mitigation
strategy. A new community solar program, in which renters and
business owners will be able to invest in and benefit from solar, is
also planned. The city council will vote to create the utility and will
be involved in approving projects as they develop.
8
Nonprofits in New Mexico
Rachel Moskowitz, Bureau Chief
The U.S. Department of Labor’s Bureau of Labor Statistics (BLS)
recently released new research data on employment, wages, and
establishment figures for the nonprofit sector, specifically focusing
on 501(c)3s, or charitable organizations. Annual figures for 2007
through 2012 are available at the North American Industry
Classification System (NAICS) 2-digit and 3-digit industry level
for the United States and at the 2-digit level for states.
other services worked in the subsector religious, grant making, civic,
and professional organizations.
While health care and social assistance had the most nonprofit
employment in New Mexico, it placed second with respect to
the ratio of nonprofit employment to the total number employed
by private industry, as seen in Chart 2. The ratio of nonprofit
employment to private employment in the health care and social
assistance sector was 34.2 percent. Educational services had the
highest ratio in New Mexico, at 42.4 percent, because only 8,807
employees were employed in the private sector.
In the U.S. in 2012, 267,855 private-sector establishments were
listed as nonprofits. Their annual average employment was slightly
over 11.4 million, representing 10.3 percent of total U.S. private
employment. Annual wages totaled over $532 billion, which
averaged to $46,568 per employee.
Charitable organizations weathered the Great Recession well, as
shown in Chart 3 and Chart 4. Over the five-year time period from
2007 to 2012, employment in charitable organizations increased
every year in New Mexico and nationwide. From 2007 to 2012,
employment in charitable organizations increased by 7.2 percent,
or 3,305 jobs in New Mexico. Nationwide, average employment
in charitable organizations increased by 8.5 percent.
In New Mexico in 2012, 2,142 establishments were listed as a
nonprofit. They employed 48,901, or 8.1 percent of total NM
private-sector employment. Annual wages in 2012 were nearly
$2 billion, with an annual average wage per employee of $40,100.
As would be expected, Washington, D.C. consistently had
the highest percentage of nonprofit
Chart 1. Nonprofit Employment by Sector in New Mexico, 2012 Annual Averages
employment as a ratio of private
employment, reaching 26.6 percent in
Health Care & Social Assistance
36,031
2012. The state with the lowest ratio of
Educational Services
3,736
nonprofit employment was Nevada, with
2.7 percent.
Other Services, Except Public Admin.
3,257
While BLS was unable to disclose data
for ten industry sectors in New Mexico,
they were able to provide information for
nine others. As seen in Chart 1, health
care and social assistance was the biggest
employment sector, with 909 nonprofit
establishments employing slightly over
36,000 in New Mexico in 2012. Nearly
three out of four nonprofit jobs in New
Mexico, or 73.7 percent, were found
in this industry, a rate higher than the
national average of 67.5 percent. Just
over 260 nonprofit establishments in
educational services employed 3,736 in
New Mexico, comprising an employment
share of 7.6 percent of all nonprofits. The
national average of nonprofit employment
in educational services was more than
double, at 15.9 percent.
The sector other services had the third
highest employment level of 3,257 in
2012, but the second highest level in
terms of establishments, with 463 in the
state. While BLS does not release further
detail of other services for the state, it does
release information by 3-digit NAICS for
the U.S. as a whole. Nationwide in 2012,
slightly over 98 percent of employees in
Professional & Technical Services
1,773
Arts, Entertainment & Recreation
1,248
Mgmt. of Companies & Enterprises
795
Admin. & Waste Services
702
Retail Trade
405
Information
233
All Other
721
0
10,000
20,000
30,000
40,000
Employment
Chart 2. Ratio of Nonprofit Employment to Private Employment in New Mexico, 2012
Annual Averages
45%
42.4%
40%
34.2%
35%
30%
25%
20%
16.0%
15%
15.5%
14.1%
10%
3.4%
5%
1.7%
1.7%
0.4%
0%
Educational
Services
Health Care &
Social Assistance
Mgmt. of
Companies &
Enterprises
9
Other Services,
Arts,
Professional & Admin. & Waste
Except Public Entertainment & Technical Services
Services
Admin.
Recreation
Information
Retail Trade
During this same time period, employment
in private industries fell by 5.4 percent,
or over 34,000 jobs in New Mexico.
Nationwide, average employment in
private industries decreased by 3.0 percent.
From 2007 to 2012, the annual wage per
employee in a charitable organization
grew at a faster rate than the annual wage
in a private organization, as shown in
Chart 5 and Chart 6. In 2007, the average
annual wage per employee in a charitable
organization in the U.S. was $39,997, and
grew to $46,568 by 2012, an increase of
16.4 percent. The average annual wage per
employee in a private organization in the
U.S. grew from $44,362 in 2007 to $49,200
in 2012, a growth rate of 10.9 percent.
This trend can be seen in New Mexico
as well, but with an added twist—the
annual wage per employee in a charitable
organization became higher and surpassed
that of the wage in private industry. In 2007,
the average annual wage per employee in a
charitable organization in New Mexico was
$33,937, lower than the annual wage per
private employee of $35,209. By 2009, the
annual wage per employee in a charitable
organization was $37,684, or $663 higher
than the wage per private employee. In
2012, the charitable organizations paid
their employees an average of $40,100,
or 18.2 percent higher than the rate they
paid in 2007, and higher than the rate
of private employees at $39,521. Private
employment wage per employee from 2007
to 2012 grew at a much slower rate of 12.2
percent.
Chart 3. Annual Average Employment in NM, 2007–2012
63,801
63,726
65,000
60,204
60,000
59,692
59,288
60,311
55,000
50,000
45,596
47,098
47,565
47,929
48,901
48,547
45,000
40,000
2007
2008
2009
2010
Nonprofit
Private (in 10s)
2011
2012
Chart 4. Annual Average Employment in the U.S., 2007–2012
11,600
11,427
11,401
11,400
11,319
11,265
11,200
11,111
11,065
10,998
11,000
10,838
10,800
10,600
10,818
10,695
10,620
10,534
10,400
10,200
10,000
2007
2008
2009
Nonprofit (in 1,000s)
2010
2011
2012
2011
2012
Private (in 10,000s)
Chart 5. Annual Wage in the U.S., 2007–2012
$55,000
$50,000
$45,000
$40,000
$35,000
$30,000
2007
2008
2009
Nonprofit
10
2010
Private
Methodology
Most
501(c)3
organizations
are
reimbursable employers that, unlike
most businesses that are required to
pay unemployment insurance (UI)
contributions each quarter, are allowed to
reimburse the unemployment insurance
system once an unemployment claim is
made. Twenty one states, including New
Mexico, allow other types of establishments
other than 501(c)3s to reimburse the UI
system. BLS asked these states to review
their list of reimbursable employers to
determine whether the businesses were, in
fact, charitable organizations.
Chart 6. Annual Wage in New Mexico, 2007–2012
$41,000
$40,000
$39,000
$38,000
$37,000
$36,000
$35,000
$34,000
$33,000
$32,000
$31,000
$30,000
2007
2008
BLS matched the Employer Identification
Number (EIN) of Quarterly Census of
Employment and Wages (QCEW) reimbursable employers to
those establishments identified as 501(c)3 organizations on the
Internal Revenue Service Exempt Organization Business Master
File (EOBMF), a large dataset listing all tax-exempt organizations.
In some instances, not all reimbursable organizations filed with
the IRS. When the establishment was flagged as a reimbursable
2009
Nonprofit
2010
2011
2012
Private
employer but not located in the EOBMF, the business name and
address were sent to each state to assess 501c3 status.
For more information on the methodology please go to: http://
www.bls.gov/bdm/nonprofits/nonprofits.htm
11
Revisions to the New Mexico Unemployment Insurance Program Effective in 2015
Ray Gabbard, Economist
In the 2013 New Mexico legislative session, the New Mexico
Unemployment Insurance (UI) program was revised. These
revisions will take effect January 1, 2015, and were implemented
to maintain the solvency of the UI Trust Fund. The UI Trust
Fund is a bank account maintained for the purpose of paying
unemployment benefits to New Mexicans who qualify. The UI
Trust Fund is funded 100% by New Mexican employers. Each
employer pays UI tax on the taxable wage base of all its employees.
The taxable wage base for 2015 is $23,400 per employee.
Both the old reserve ratio and the new benefit ratio systems are
scaled to meet the needs of the Trust Fund, and both reward low
benefit costs and assess charges for high benefit costs. The old
reserve ratio offered employers lower rates than those achievable
in the new benefit ratio in years of Trust Fund adequacy, while
offering much higher minimum rates in years of Trust Fund
inadequacy. Conversely, the new benefit ratio offers its lowest rate
of 0.33 percent, regardless of the reserve factor.
Another factor of significant difference is that the old reserve ratio
combined employers into percentage ranges by experience rating.
Under the old reserve ratio a small difference in experience rating
could significantly impact an employer’s tax rate. By using the new
benefit ratio, the arbitrary unfairness that ranges create is removed,
thus giving each rated employer an individualized contribution
rate.
Before January 1, 2015, the department used a reserve ratio
system to determine an employer’s tax rate. The system used an
employer’s lifetime history of contributions and unemployment
benefits charged divided by average annual taxable payroll for the
past three years to determine the amount of UI tax it paid. The
Legislature decided to change to a benefit ratio methodology so
that rates would be more closely tied to economic factors and
employees liability could be determined by their recent rather
than historic claims expense.
Excess Claims Premium
The new benefit ratio system also introduces a new element to the
New Mexico UI system called the excess claims rate. This is an
additional charge assessed to employers whose contribution rates
would exceed 5.4 percent if they were not capped at 5.4 percent.
The excess claims rate can add up to an additional 1.0 percent
charge against an employer’s taxable wage base. The excess claims
rate is calculated by taking the uncapped contribution rate minus
5.4 percent and then multiplying by 10.0 percent.
Under the old reserve ratio, an employer with a history of low
benefit charges who had a short run of high benefit charges might
see little change to its tax rate. The old reserve ratio gave significant
weight to an employer’s history at the cost of the short-term
needs of the Trust Fund. At the same time, an employers current
employment practices could be overshadowed by its accumulated
history, thus some employers could become trapped at high tax
rates with no account being taken of improved payroll practices.
Conversely, under the new benefit ratio, employers will see more
short-term sensitivity. The new benefit ratio can be advantageous
in times of consecutive years of high unemployment because it
is responsive enough to raise rates rapidly before an economic
downturn depletes Trust Fund reserves.
Excess Claims Rate = (Contribution Rate - 5.4%) x 10.0%
The addition of the excess claims premium allows for the collection
of additional funds against benefit charges beyond 5.4 percent for
a given employer, which was not possible under the old reserve
ratio system.
The new benefit ratio rewards employers for controlling their
benefit costs by impacting their tax rate as soon as the year after
a change is made.
Experience Rating Employers
Experience rated employers are those that have at least two years
of UI history. Their rate is calculated by taking the last three years
of benefit charges divided by average annual taxable payroll for
the past three years. An employer with less than three years of
experience would use two years of history.
Benefit Ratio =
Three Years Benefits Charged
Three-Year Average Annual Taxable Payroll
An employer’s benefit ratio is then multiplied by the reserve
factor, which is currently set to 4.0 for 2015, to determine its
contribution rate. If an employer’s contribution rate is less than
0.33 percent, that employer will receive the minimum rate of
0.33 percent. If an employer’s contribution rate is greater than
5.4 percent, that employer will receive the maximum rate of 5.4
percent.
12
New Employers
As a New Mexico Employer You Should Know:
•
New employers are treated differently because they have no history
from which to create an experience rating. A new employer under
the new benefit ratio system will receive an average rate based on
the first two digits of its North American Industry Classification
System (NAICS) sector. There are 20 industries in which an
employer can be classified based on what it reports during
registration. An employer will receive its own experience rating
after two years. The minimum industry average rate is 1.0 percent,
and the maximum 5.4 percent.
Under the old reserve ratio, all new employers received a 2.0
percent rate for three years. The new benefit ratio has several
advantages over this technique. By using industry averages, the
new benefit ratio removes a barrier to entry that an arbitrarily
high tax rate could create for new employers in industries with low
average rates. Similarly, in industries with high average rates, the
new benefit ratio does not provide an advantage to new employers
by giving them arbitrarily low tax rates. The industry rate also
mitigated sharp changes in rates after an employer becomes
experienced rated because the industry rate will often be closer
to what the employer actually experiences. Finally, by providing
an employer its own rate in two years rather than three, the new
benefit ratio accelerates the process of getting an employer the
experience rate that it has earned.
•
Effective January 1, 2015, the way tax rates are calculated
will be changing. State legislation passed in 2013 changed
the way in which employers’ contribution rates are
calculated in New Mexico, and rates are more closely tied
to employers’ benefit charges.
•
Notices will be mailed to you with your total rate
and your rate calculation.
•
Log into your account at www.dws.state.nm.us to
view your total rate and your rate calculation.
New Employers: Your tax rate will be based on your
NAICS sector until you have at least two years of history.
•
You provided this information when you registered
your business.
•
An excess claims rate of up to 1.0 percent may apply for
employer’s receiving the maximum contribution rate.
•
The maximum total rate an employer may receive is 6.4
percent, with the maximum contribution rate and the
maximum excess claims rate.
GLOSSARY
Benefit Charges: Benefits charged to an employer’s account for up to the last three fiscal years.
Benefit Ratio: Method of experience rating calculated by taking benefit charges divided by taxable payroll. The new experience
rating method for New Mexico effective January 1, 2015.
Contribution Rate: Benefit ratio multiplied by the reserve factor multiplied by 100.
Excess Claims Rate: If an employer’s contribution rate exceeds 5.4 percent prior to adjusting the 5.4 percent maximum rate, an
excess claims rate will be added. The excess claims rate is the pre-adjusted contribution rate minus 5.4 percentage points and then
multiplied by 10.0 percent. The excess claims rate cannot exceed 1.0 percent.
Experienced Employer: An employer with at least two years of UI history that receives its own calculated experience rate using
the benefit ratio.
NAICS: “NAICS” is the abbreviation for the North American Industry Classification System. NAICS codes are determined based
on keywords that describe an employer’s business and its primary business activity.
Reserve Factor: An annual factor determined to maintain an adequate UI Trust Fund level.
Reserve Ratio: Method of experience rating calculated by taking an employer’s lifetime contributions minus lifetime benefits
charged, divided by average annual taxable payroll for the past three years. The old experience rating method for New Mexico ending December 31, 2014.
Taxable Payroll: Wages subject to contributions reported on the quarterly employment and wage detail reports for the last three
fiscal years.
Taxable Wage Base: The taxable wage base is the annual amount of wages paid by an employer to an employee that are subject to
UI Tax.
Total Rate: The contribution rate plus the excess claims rate (if applicable).
Trust Fund: Account maintained for the purpose of paying unemployment benefits to New Mexicans.
13
Real-Time Labor Market Information
Online Job Openings & Employment Data
Monthly Online Job Openings in New Mexico
January 2008 to October 2014
80,000
Job Openings Rate for New Mexico
Online Job Openings as Percent of Employment and
Openings Combined, January 2008 to October 2014
Sep-14
71,947
70,000
9.0%
8.0%
60,000
7.0%
50,000
Oct-14
63,340
40,000
6.0%
10,000
Oct-14
7.1%
5.0%
30,000
20,000
Sep-14
8.1%
Dec-09
25,629
4.0%
3.0%
0
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-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 introduce 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, October 2014/2013
Over-the-Year Online Job Postings for New Mexico
by Major Occupational Group, October 2014/2013
6,426
Retail Trade
Healthcare Practitioners & Technical
Sales & Related
Management
Transportation & Material Moving
Office & Administrative Support
Food Preparation & Serving Related
Installation, Maintenance & Repair
Education, Training & Library
Business & Financial Operations
Architecture & Engineering
Computer & Mathematical
Personal Care & Service
Healthcare Support
Arts/Design & Entert./Sports/Media
Community & Social Services
Production
Construction & Extraction
Protective Service
Building /Grounds Cleaning & Maint.
Life, Physical & Social Science
Legal
Military Specific
Farming, Fishing & Forestry
5,788
Health Care & Social Assistance
3,878
Admin. & Support & Waste Mgmt Svcs
3,469
Educational Services
3,323
Public Administration
2,627
Transportation & Warehousing
Professional, Scientific & Tech. Svcs
2,386
14-Oct
Accommodation & Food Services
2,324
13-Oct
1,904
Finance & Insurance
1,239
Manufacturing
1,067
Wholesale Trade
1,005
Information
677
Management of Companies
Real Estate
667
Mining
576
Other Services (Ex. Public Admin.)
325
Construction
299
262
Arts, Entertainment & Recreation
Utilities
76
Agriculture
57
0
2,000
4,000
6,000
8,000
6,933
6,319
5,005
4,423
1,829
1,643
1,532
1,224
1,209
1,205
1,004
986
950
729
658
534
499
401
330
158
71
19
0
14
4,000
11,570
14-Oct
13-Oct
8,000
12,000
Unemployed per Online Job Opening
January 2008 to October 2014
Feb-10
2.8
3.0
2.5
2.0
1.5
Oct-14
0.9
1.0
Year-Over-Year
Change
#
%
Oct-13
New Mexico
63,342
50,559
12,783
25.3%
0.9
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
25,817
58
2,701
453
272
1,434
37
5,906
2,548
699
128
23
105
2,228
427
850
601
1,512
64
1,243
284
910
417
4,029
718
2,040
4,918
222
445
888
241
188
934
21,934
37
1,956
308
433
1,390
26
4,460
1,891
406
188
9
48
1,894
271
611
401
1,273
34
917
341
615
238
3,123
505
1,768
3,487
200
231
641
131
255
527
3,883
21
745
145
-161
44
11
1,446
657
293
-60
14
57
334
156
239
200
239
30
326
-57
295
179
906
213
272
1,431
22
214
247
110
-67
407
17.7%
56.8%
38.1%
47.1%
-37.2%
3.2%
42.3%
32.4%
34.7%
72.2%
-31.9%
155.6%
118.8%
17.6%
57.6%
39.1%
49.9%
18.8%
88.2%
35.6%
-16.7%
48.0%
75.2%
29.0%
42.2%
15.4%
41.0%
11.0%
92.6%
38.5%
84.0%
-26.3%
77.2%
0.7
1.5
0.5
1.6
1.3
0.7
1.0
1.0
0.4
1.1
1.0
0.5
1.4
0.5
1.1
0.4
2.5
1.4
3.3
1.2
0.7
1.3
1.0
0.8
1.1
1.8
0.7
1.4
1.0
1.5
1.9
0.5
2.1
Jul-14
Oct-14
Jan-14
Apr-14
Oct-13
Jul-13
Jan-13
Apr-13
Jul-12
Oct-12
Apr-12
Jan-12
General Medical & Surgical Hospitals
Employment Placement Agencies
Colleges, Universities & Professional Schools
Long-Distance Specialized Freight Trucking
Legislative Bodies
Department Stores
Elementary & Secondary Schools
Temporary Help Services
National Security
All Other General Merchandise Stores
Other General Government Support
Rsch/Dvpmt in Physical/Engineer./Life Sciences
Management of Companies
Commercial Banking
Cosmetics, Beauty Supplies & Perfume Stores
Supermarkets & Grocery (Ex. Convenience)
Other Outpatient Care Centers
Management Consulting Services
Home Centers
Hotels (Ex. Casino Hotels) & Motels
Unemp.
per
Opening
Oct-14
Jul-11
Most Online Job Postings by Detailed Industry Sector (Top 20)
October 2014
Data on the unemployed is from the Local Area Unemployment
Statistics (LAUS) program and is not seasonally adjusted.
Online Job
Openings
Oct-11
Jan-11
Apr-11
Jul-10
Oct-10
Apr-10
Jan-10
Jul-09
Oct-09
Jan-09
Apr-09
Oct-08
Jul-08
Jan-08
0.0
Apr-08
Apr-08
0.8
0.5
3,566
2,149
1,998
1,841
1,333
1,199
1,131
1,016
863
835
709
703
677
666
602
598
554
516
454
432
Most Online Job Postings by Detailed Occupation (Top 20)
October 2014
Registered Nurses
Heavy & Tractor-Trailer Truck Drivers
Retail Salespersons
Customer Service Representatives
Sprvrs of Retail Sales Workers
Nurse Practitioners
Physicians & Surgeons, All Other
General & Operations Managers
Managers, All Other
Occupational Therapists
Sales Managers
Laborers & Freight, Stock & Material Movers
Merchandise Displayers & Window Trimmers
Exec. Secretaries & Administrative Assistants
Cashiers
Spvrs of Food Preparation & Serving Workers
Physical Therapists
Licensed Practical & Vocational Nurses
Tellers
Food Prep. & Serving Workers, Incl. Fast Food
4,740
2,144
1,610
1,453
1,194
980
864
751
679
662
549
532
519
516
497
495
491
453
419
416
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.
15
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
922,290
866,155
869,961
872,628
871,837
871,153
866,738
861,221
858,101
858,919
862,612
61,584
62,737
65,537
63,267
60,979
60,461
60,821
61,796
60,692
59,678
6.6%
6.7%
7.0%
6.8%
6.5%
6.5%
6.6%
6.7%
6.6%
6.5%
6.9%
7.3%
7.3%
5.9%
5.9%
7.3%
7.3%
6.9%
6.1%
5.9%
-0.1%
-0.3%
-0.5%
-1.0%
-0.2%
-0.8%
-0.8%
-1.3%
3,693
1,410
1,133
8,049
-1,014
-3,226
-5,201
-9,201
% CHANGE FROM
Month Ago
0.3%
Year Ago
-0.2%
2 Yrs. Ago
-0.4%
3 Yrs. Ago
-0.1%
0.4%
0.2%
0.1%
0.9%
-1.7%
-5.1%
-8.0%
-13.4%
October
October
State
Rank
2013
2014
Change Change
North Dakota
1
456.8
479.2
22.4
4.9%
Texas
2
11,331.6
11,768.3
436.7
3.9%
Utah
3
1,312.1
1,359.5
47.4
3.6%
Delaware
4
432.3
444.8
12.5
2.9%
Oregon
5
1,704.2
1,752.6
48.4
2.8%
Nevada
5
1,193.7
1,226.8
33.1
2.8%
Florida
7
7,657.9
7,867.5
209.6
2.7%
Arizona
8
2,542.6
2,609.0
66.4
2.6%
Washington
9
3,026.0
3,099.9
73.9
2.4%
Colorado
9
2,408.5
2,466.6
58.1
2.4%
Georgia
9
4,070.4
4,166.4
96.0
2.4%
North Carolina
12
4,124.6
4,217.9
93.3
2.3%
Oklahoma
13
1,648.3
1,685.2
36.9
2.2%
California
13
15,327.4
15,670.1
342.7
2.2%
Tennessee
15
2,782.7
2,842.2
59.5
2.1%
South Carolina
15
1,919.2
1,960.2
41.0
2.1%
United States
138,013.0 140,817.0
2,804.0
2.0%
Kentucky
17
1,841.9
1,878.1
36.2
2.0%
Indiana
18
2,988.6
3,046.6
58.0
1.9%
Missouri
18
2,763.9
2,816.0
52.1
1.9%
Montana
18
453.0
461.5
8.5
1.9%
Minnesota
21
2,826.4
2,876.3
49.9
1.8%
Alabama
22
1,915.5
1,948.6
33.1
1.7%
Massachusetts
22
3,408.0
3,465.9
57.9
1.7%
West Virginia
24
771.1
783.4
12.3
1.6%
Wyoming
24
294.7
299.4
4.7
1.6%
Connecticut
26
1,669.8
1,694.6
24.8
1.5%
South Dakota
27
420.1
426.1
6.0
1.4%
District of Columbia
27
751.3
761.8
10.5
1.4%
Arkansas
27
1,189.4
1,205.7
16.3
1.4%
Hawaii
30
621.7
629.4
7.7
1.2%
Wisconsin
30
2,870.1
2,905.3
35.2
1.2%
Louisiana
30
1,973.1
1,996.8
23.7
1.2%
New York
30
9,022.5
9,129.0
106.5
1.2%
Idaho
34
650.0
657.4
7.4
1.1%
New Mexico
34
816.6
825.7
9.1
1.1%
Vermont
36
310.2
313.4
3.2
1.0%
Iowa
36
1,560.8
1,576.7
15.9
1.0%
Kansas
36
1,394.5
1,408.4
13.9
1.0%
New Hampshire
36
647.2
653.4
6.2
1.0%
Pennsylvania
36
5,809.3
5,864.8
55.5
1.0%
Maine
41
614.5
620.3
5.8
0.9%
Rhode Island
41
479.2
483.5
4.3
0.9%
Nebraska
41
990.5
999.3
8.8
0.9%
Michigan
41
4,170.2
4,205.7
35.5
0.9%
Illinois
45
5,875.0
5,915.5
40.5
0.7%
Ohio
45
5,320.9
5,357.3
36.4
0.7%
Maryland
45
2,613.5
2,630.8
17.3
0.7%
Virginia
48
3,784.1
3,799.6
15.5
0.4%
New Jersey
48
3,964.0
3,978.6
14.6
0.4%
Mississippi
48
1,123.8
1,127.9
4.1
0.4%
Alaska
51
332.9
330.5
-2.4
-0.7%
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
2,679
Year Ago
-1,816
2 Yrs. Ago
-4,068
3 Yrs. Ago
-1,152
Total Nonfarm Employment Growth
Rankings, New Mexico and United States
16
New Mexico Labor Force Estimates – Not Seasonally Adjusted
PRELIMINARY OCTOBER 2014
Labor Force
Empl.
Unemp.
Rate
REVISED SEPTEMBER 2014
Labor Force
Empl.
Unemp.
Rate
REVISED OCTOBER 2013
Labor Force
Empl.
Unemp.
Rate
STATEWIDE
928,451
873,371
55,080
5.9%
918,804
862,914
55,890
6.1%
925,371
863,482
61,889
6.7%
Albuquerque MSA
Bernalillo
Sandoval
Torrance
Valencia
389,850
298,605
55,475
6,124
29,646
365,472
280,389
51,739
5,674
27,670
24,378
18,216
3,736
450
1,976
6.3%
6.1%
6.7%
7.3%
6.7%
385,718
295,353
54,991
6,054
29,319
360,954
276,922
51,099
5,604
27,328
24,764
18,431
3,892
450
1,991
6.4%
6.2%
7.1%
7.4%
6.8%
389,830
298,249
55,749
6,122
29,710
362,379
278,016
51,301
5,626
27,436
27,451
20,233
4,448
496
2,274
7.0%
6.8%
8.0%
8.1%
7.7%
Farmington MSA
56,681
53,479
3,202
5.6%
54,071
50,802
3,269
6.0%
56,197
52,588
3,609
6.4%
Las Cruces MSA
93,736
87,863
5,873
6.3%
92,556
86,538
6,018
6.5%
93,587
86,934
6,653
7.1%
Santa Fe MSA
74,352
70,798
3,554
4.8%
73,705
70,053
3,652
5.0%
74,092
70,132
3,960
5.3%
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
1,546
25,972
11,982
6,173
21,849
815
32,479
11,784
1,766
414
2,826
33,669
10,014
8,844
13,143
25,085
1,873
25,694
3,807
18,137
9,249
13,065
6,313
8,823
16,573
1,940
1,460
24,490
11,268
5,815
20,813
778
31,346
11,006
1,640
402
2,682
32,458
9,528
8,529
11,654
22,908
1,661
24,188
3,608
16,926
8,835
12,264
6,004
8,393
15,250
1,854
86
1,482
714
358
1,036
37
1,133
778
126
12
144
1,211
486
315
1,489
2,177
212
1,506
199
1,211
414
801
309
430
1,323
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%
4.9%
3.6%
11.3%
8.7%
11.3%
5.9%
5.2%
6.7%
4.5%
6.1%
4.9%
4.9%
8.0%
4.4%
1,559
25,735
11,990
6,209
21,618
821
32,291
11,638
1,755
425
2,785
33,250
10,183
9,067
13,732
24,987
1,877
25,552
3,820
18,113
9,049
12,887
6,182
8,786
16,524
1,920
1,478
24,220
11,263
5,854
20,590
784
31,124
10,868
1,625
412
2,636
32,006
9,730
8,734
12,229
22,784
1,674
24,045
3,618
16,905
8,630
12,075
5,875
8,356
15,222
1,831
81
1,515
727
355
1,028
37
1,167
770
130
13
149
1,244
453
333
1,503
2,203
203
1,507
202
1,208
419
812
307
430
1,302
89
5.2%
5.9%
6.1%
5.7%
4.8%
4.5%
3.6%
6.6%
7.4%
3.1%
5.4%
3.7%
4.4%
3.7%
10.9%
8.8%
10.8%
5.9%
5.3%
6.7%
4.6%
6.3%
5.0%
4.9%
7.9%
4.6%
1,583
25,645
12,090
6,008
21,586
798
31,185
11,744
1,763
380
2,821
31,897
9,862
9,032
13,157
25,849
1,892
26,004
3,805
18,506
9,484
13,069
6,075
8,982
16,553
1,896
1,480
23,959
11,302
5,608
20,468
761
29,821
10,890
1,616
366
2,667
30,514
9,320
8,628
11,609
23,413
1,657
24,381
3,576
17,044
9,012
12,202
5,735
8,498
15,123
1,799
103
1,686
788
400
1,118
37
1,364
854
147
14
154
1,383
542
404
1,548
2,436
235
1,623
229
1,462
472
867
340
484
1,430
97
6.5%
6.6%
6.5%
6.7%
5.2%
4.6%
4.4%
7.3%
8.3%
3.7%
5.5%
4.3%
5.5%
4.5%
11.8%
9.4%
12.4%
6.2%
6.0%
7.9%
5.0%
6.6%
5.6%
5.4%
8.6%
5.1%
Unemployment Rates in New Mexico - Not Seasonally Adjusted
PRELIMINARY OCTOBER 2014
AREAS
LUNA
MORA
MCKINLEY
TAOS
GUADALUPE
RIO ARRIBA
GRANT
ALBUQUERQUE MSA
LAS CRUCES MSA
SAN MIGUEL
CIBOLA
OTERO
STATEWIDE
COLFAX
CHAVES
CATRON
FARMINGTON MSA
QUAY
HIDALGO
LINCOLN
SIERRA
SOCORRO
SANTA FE MSA
CURRY
DE BACA
ROOSEVELT
UNION
LEA
LOS ALAMOS
EDDY
HARDING
REVISED SEPTEMBER 2014
RANK
RATE
AREAS
1
1
3
4
5
6
7
8
8
10
11
12
11.3%
11.3%
8.7%
8.0%
7.1%
6.7%
6.6%
6.3%
6.3%
6.1%
6.0%
5.9%
5.9%
5.8%
5.7%
5.6%
5.6%
5.2%
5.1%
4.9%
4.9%
4.9%
4.8%
4.7%
4.5%
4.5%
4.4%
3.6%
3.6%
3.5%
2.9%
LUNA
MORA
MCKINLEY
TAOS
GUADALUPE
RIO ARRIBA
GRANT
LAS CRUCES MSA
ALBUQUERQUE MSA
SAN MIGUEL
CIBOLA
STATEWIDE
FARMINGTON MSA
CHAVES
OTERO
COLFAX
HIDALGO
QUAY
CATRON
SANTA FE MSA
SIERRA
SOCORRO
CURRY
ROOSEVELT
UNION
DE BACA
LINCOLN
LEA
LOS ALAMOS
EDDY
HARDING
13
14
15
15
17
18
19
19
19
22
23
24
24
26
27
27
29
30
RANK
RATE
AREAS
1
2
3
4
5
6
7
8
9
10
11
10.9%
10.8%
8.8%
7.9%
7.4%
6.7%
6.6%
6.5%
6.4%
6.3%
6.1%
6.1%
6.0%
5.9%
5.9%
5.7%
5.4%
5.3%
5.2%
5.0%
5.0%
4.9%
4.8%
4.6%
4.6%
4.5%
4.4%
3.7%
3.7%
3.6%
3.1%
MORA
LUNA
MCKINLEY
TAOS
GUADALUPE
RIO ARRIBA
GRANT
LAS CRUCES MSA
ALBUQUERQUE MSA
COLFAX
STATEWIDE
CHAVES
SAN MIGUEL
CATRON
CIBOLA
FARMINGTON MSA
OTERO
QUAY
SIERRA
HIDALGO
LINCOLN
SOCORRO
SANTA FE MSA
CURRY
UNION
ROOSEVELT
DE BACA
LOS ALAMOS
EDDY
LEA
HARDING
12
13
13
15
16
17
18
19
19
21
22
23
23
25
26
27
27
29
30
17
REVISED OCTOBER 2013
RANK
RATE
1
2
3
4
5
6
7
8
9
10
12.4%
11.8%
9.4%
8.6%
8.3%
7.9%
7.3%
7.1%
7.0%
6.7%
6.7%
6.6%
6.6%
6.5%
6.5%
6.4%
6.2%
6.0%
5.6%
5.5%
5.5%
5.4%
5.3%
5.2%
5.1%
5.0%
4.6%
4.5%
4.4%
4.3%
3.7%
11
11
13
13
15
16
17
18
19
19
21
22
23
24
25
26
27
28
29
30
Unemployment Rate by State
(Seasonally Adjusted)
October 2014
State
Georgia
District of Columbia
Mississippi
Rhode Island
California
Michigan
Nevada
Tennessee
Oregon
Alaska
Arizona
South Carolina
Illinois
New Jersey
New Mexico
West Virginia
Connecticut
Delaware
Alabama
North Carolina
Kentucky
Louisiana
Arkansas
Florida
Maryland
Massachusetts
New York
Washington
Missouri
Maine
United States
Indiana
Pennsylvania
Wisconsin
Ohio
Virginia
Texas
Wyoming
Iowa
Montana
Oklahoma
Kansas
Vermont
Colorado
New Hampshire
Hawaii
Idaho
Minnesota
Utah
Nebraska
South Dakota
North Dakota
Rank Rate
1
7.7
2
7.6
2
7.6
4
7.4
5
7.3
6
7.1
6
7.1
6
7.1
9
7.0
10
6.8
10
6.8
12
6.7
13
6.6
13
6.6
15
6.5
15
6.5
17
6.4
17
6.4
19
6.3
19
6.3
21
6.2
21
6.2
23
6.0
23
6.0
23
6.0
23
6.0
23
6.0
23
6.0
29
5.9
30
5.8
5.8
31
5.7
32
5.4
32
5.4
34
5.3
34
5.3
36
5.1
37
4.7
38
4.5
38
4.5
38
4.5
41
4.4
41
4.4
43
4.3
44
4.2
45
4.1
45
4.1
47
3.9
48
3.6
49
3.4
50
3.3
51
2.8
New Mexico Nonagricultural Wage and Salary
Employment
Annual Growth Rates by Industry
October 2013
State
Nevada
Rhode Island
Illinois
California
Michigan
Kentucky
Mississippi
Tennessee
District of Columbia
Arizona
Georgia
New Jersey
Arkansas
Connecticut
North Carolina
New York
Ohio
Oregon
Massachusetts
United States
Indiana
Pennsylvania
South Carolina
New Mexico
Washington
Florida
Alaska
Colorado
Delaware
Maine
Wisconsin
Maryland
Alabama
Missouri
West Virginia
Texas
Idaho
Louisiana
Oklahoma
Montana
Virginia
Kansas
New Hampshire
Minnesota
Hawaii
Wyoming
Iowa
Vermont
Utah
Nebraska
South Dakota
North Dakota
Source: U.S. Department of Labor, Bureau of Labor Statistics
Rank Rate
1
9.4
1
9.4
3
9.1
4
8.6
4
8.6
6
8.2
6
8.2
8
8.1
9
8.0
10
7.8
10
7.8
12
7.7
13
7.6
13
7.6
15
7.5
16
7.4
16
7.4
16
7.4
19
7.2
7.2
20
7.1
20
7.1
22
7.0
23
6.8
23
6.8
25
6.7
26
6.6
27
6.5
27
6.5
27
6.5
27
6.5
31
6.4
32
6.3
32
6.3
32
6.3
35
6.2
36
5.9
37
5.8
38
5.6
39
5.5
40
5.4
41
5.2
41
5.2
43
4.8
44
4.7
45
4.5
46
4.4
46
4.4
48
4.3
49
3.8
50
3.7
51
2.8
Mining & Logging
6.4%
Financial Activities
5.9%
Information
5.7%
Other Services
5.4%
Education and Health Services
3.9%
Trans, Warehousing & Utilities
2.1%
Total Nonfarm
1.1%
Retail Trade
1.1%
Wholesale Trade
0.5%
Leisure and Hospitality
0.5%
Government
-0.1%
Construction
-0.5%
Professional & Business Services
-2.2%
Manufacturing
-7.7%
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%
11%
Prof. & Business
Retail Trade
11%
18
Services
12%
Nonagricultural Wage and Salary Employment
NEW MEXICO
TOTAL NONFARM EMPLOYMENT
Preliminary
Oct-14
825,700
TOTAL PRIVATE
GOODS-PRODUCING
SERVICE-PROVIDING
629,800
99,000
726,700
Revised
Sep-14
821,100
627,700
97,700
723,400
Revised
Oct-13
816,600
620,500
99,800
716,800
Change
Monthly
Yearly
4,600
9,100
2,100
1,300
3,300
9,300
-800
9,900
MINING & LOGGING
28,100
27,800
26,400
300
1,700
CONSTRUCTION
43,500
42,700
43,700
800
-200
MANUFACTURING
27,400
27,200
29,700
200
-2,300
WHOLESALE TRADE
21,500
21,400
21,400
100
100
RETAIL TRADE
92,500
93,100
91,500
-600
1,000
TRANSPORTATION, WAREHOUSING & UTILITIES
24,100
23,900
23,600
200
500
INFORMATION
13,000
13,100
12,300
-100
700
FINANCIAL ACTIVITIES
35,800
35,600
33,800
200
2,000
PROFESSIONAL & BUSINESS SERVICES
97,200
97,100
98,200
100
-1,000
129,300
128,300
124,400
1,000
4,900
LEISURE & HOSPITALITY
88,100
88,600
87,700
-500
400
OTHER SERVICES
29,300
28,900
27,800
400
1,500
195,900
29,800
60,500
31,000
105,600
56,000
193,400
30,200
59,800
30,000
103,400
54,200
196,100
30,000
60,700
30,900
105,400
56,200
2,500
-400
700
1,000
2,200
1,800
-200
-200
-200
100
200
-200
Preliminary
Oct-14
371,600
287,800
35,300
336,300
Revised
Sep-14
369,500
286,800
34,900
334,600
MINING, LOGGING & CONSTRUCTION
19,000
18,700
19,700
300
-700
MANUFACTURING
16,300
16,200
17,300
100
-1,000
WHOLESALE TRADE
11,200
11,100
11,300
100
-100
RETAIL TRADE
41,100
40,600
40,800
500
300
TRANSPORTATION, WAREHOUSING & UTILITIES
9,900
9,800
9,800
100
100
INFORMATION
7,500
7,600
7,400
-100
100
FINANCIAL ACTIVITIES
18,200
18,200
18,000
0
200
PROFESSIONAL & BUSINESS SERVICES
54,600
54,400
54,900
200
-300
EDUCATION AND HEALTH SERVICES
60,100
59,600
58,300
500
1,800
LEISURE AND HOSPITALITY
38,300
39,100
38,700
-800
-400
OTHER SERVICES
11,600
11,500
11,500
100
100
GOVERNMENT
Federal Government
State Government
Local Government
83,800
14,300
28,600
40,900
82,700
14,300
28,200
40,200
83,600
14,400
28,100
41,100
1,100
0
400
700
200
-100
500
-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
19
Revised
Change
Oct-13
Monthly
Yearly
371,300
2,100
300
287,700
1,000
100
37,000
400
-1,700
334,300
1,700
2,000
Nonagricultural Wage and Salary Employment
Revised
Change
Oct-13
Monthly
Yearly
71,500
600
200
50,500
-100
300
6,400
-200
-200
65,100
800
400
Preliminary
Oct-14
71,700
50,800
6,200
65,500
Revised
Sep-14
71,100
50,900
6,400
64,700
MINING, LOGGING & CONSTRUCTION
3,400
3,700
3,600
-300
-200
MANUFACTURING
2,800
2,700
2,800
100
0
WHOLESALE TRADE
1,100
1,200
1,000
-100
100
RETAIL TRADE
7,600
7,500
7,700
100
-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
7,700
7,600
7,300
100
400
13,600
13,600
13,300
0
300
LEISURE & HOSPITALITY
8,000
7,900
8,000
100
0
OTHER SERVICES
1,500
1,600
1,500
-100
0
20,900
3,600
8,200
9,100
Preliminary
Oct-14
61,900
45,300
4,200
57,700
20,200
3,500
7,700
9,000
Revised
Sep-14
61,400
45,000
4,100
57,300
3,400
3,300
3,200
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
21,000
700
-100
3,700
100
-100
8,300
500
-100
9,000
100
100
Revised
Change
Oct-13
Monthly
Yearly
61,800
500
100
45,300
300
0
4,000
100
200
57,800
400
-100
8,600
8,500
8,900
100
-300
TRANSPORTATION, WAREHOUSING & UTILITIES
700
700
700
0
0
INFORMATION
800
800
800
0
0
2,700
2,600
2,700
100
0
RETAIL TRADE
FINANCIAL ACTIVITIES
4,400
4,400
4,500
0
-100
10,500
10,300
10,400
200
100
LEISURE & HOSPITALITY
9,400
9,600
9,300
-200
100
OTHER SERVICES
3,100
3,100
3,100
0
0
16,600
900
8,200
7,500
Preliminary
Oct-14
50,700
39,100
11,700
39,000
27,400
16,400
900
8,200
7,300
Revised
Sep-14
49,000
37,700
10,500
38,500
27,200
11,600
1,500
500
9,600
11,300
1,500
500
9,300
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
20
16,500
200
100
900
0
0
8,200
0
0
7,400
200
100
Revised
Change
Oct-13
Monthly
Yearly
50,100
1,700
600
38,600
1,400
500
11,400
1,200
300
38,700
500
300
27,200
200
200
11,500
1,500
500
9,500
300
0
0
300
100
0
0
100
Nonagricultural Wage and Salary Employment - Seasonally Adjusted
NEW MEXICO
Prelim
Oct-14
Revised
Sep-14
Revised
Oct-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
821,300
28,000
43,000
26,900
138,000
21,500
92,400
24,100
13,000
36,000
97,400
128,400
87,800
29,800
193,000
29,900
58,800
104,300
817,100
27,700
42,400
26,500
138,400
21,300
93,400
23,700
13,100
35,900
96,100
127,900
87,200
29,300
192,600
29,900
58,700
104,000
810,800
26,300
42,400
29,100
137,000
21,400
92,100
23,500
12,300
34,000
97,500
123,300
88,000
27,900
193,000
30,100
58,800
104,100
4,200
300
600
400
-400
200
-1,000
400
-100
100
1,300
500
600
500
400
0
100
300
370,200
50,300
70,800
61,900
367,700
48,700
70,600
61,300
369,300
49,500
70,500
61,700
2,500
1,600
200
600
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
AVERAGE HOURLY EARNINGS
Revised
Revised
Preliminary
Revised
Revised
Preliminary
Revised
Revised
$643.97
$641.63
$657.98
38.4
39.1
39.4
$16.77
$16.41
$16.70
Oct-14
MANUFACTURING
AVERAGE WEEKLY HOURS
Preliminary
Sep-14
Oct-13
Oct-14
Sep-14
Oct-13
Oct-14
Sep-14
U.S. Consumer Price Index
Oct 14
237.4
233.2
CPI-U
CPI-W
Index Base Year 1982-84 = 100
Sep 14
238.0
234.2
Oct 13
233.5
229.7
Data not seasonally adjusted.
*CPI-U - All Urban Consumers
PERCENT CHANGE
Month to Month
Year to Year
-0.3%
1.7%
-0.4%
1.5%
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 October 2014
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
-1.0
-2.0
-3.0
21
Oct-13
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
Ray Gabbard, Economist