New Mexico Jobless Rate Nearly Unchanged; Job Losses Continue

Mar 17, 2014

New Mexico's unemployment rate remained virtually unchanged in January at 6.6 percent.  The state Workforce Solutions Department said Monday that the unemployment rate in January was down from 6.9 percent a year ago. The state agency says jobs have shrunk by 0.5 percent, a loss of 3,700 over the year.

State officials say seven industries lost jobs, four added employment and two remain unchanged.

The largest employment gains were reported in the mining industry, which added 1,700 jobs since January 2013.

Retail trade added 1,200 jobs while the financial activities industry added 1,100 jobs and construction added 500 jobs.

Government employment reported the largest jobs decrease at 3,200 jobs while manufacturing declined by 1,500 jobs. The professional and business services industry lost 1,100 jobs.

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