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Mon November 28, 2011
NM Oct. Unemployment Rate Unchanged
By KRWG News
ALBUQUERQUE, N.M. – New Mexico's unemployment rate was 6.6 percent in October, unchanged from September but down from 8.6 percent a year ago and well below the national rate of 9 percent.
October was the third month the state unemployment rate held steady at 6.6 percent after dropping steadily during the first six months of the year.
Meantime, the Department of Workforce Solutions reports job growth in the state was 0.6 percent in October, which represents an increase of 5,000 jobs when compared to October of 2010.
Since 2008, state officials say New Mexico has lost almost 53,000 jobs from effects of the national recession. October 2011 data indicate the state has regained about 9,000 jobs.