New Mexico Ranks 9th In The Nation For Employment Growth
ALBUQUERQUE — Employment data recently posted by the U.S. Department of Labor and the New Mexico Department of Workforce Solutions (NMDWS) shows that New Mexico has outpaced the national job growth rate again. Over the year, New Mexico’s total nonagricultural employment increased by 21,700 jobs, or 2.6 percent. The nation’s job growth rate was 1.5 percent.
Most of the gains came from the private sector (18,700 jobs, or 2.8 percent), which had New Mexico ranked 9th in the nation for private sector job growth. The highest rate was in Nevada with 4.1 percent growth, while the lowest rates were in Maine and Minnesota with 0.2 percent. New Mexico ranked 1.1 percentage points higher than the national average of 1.7 percent.
“I’m thrilled by the state job growth report once again,” Gov. Michelle Lujan Grisham said. “We’re seeing more and more companies plant their flag in New Mexico, more companies recognizing this is the place to be and investing in our state. There’s more to do, but we’re laying a foundation for even stronger growth moving forward.”
“New Mexico continues to move in the right direction and showcase to the nation that this is a great place to live and work,” said Bill McCamley, NMDWS Secretary. “We’re investing in our community by creating new career pathways, providing tax incentives to employers, and fulfilling the Governor’s vision of opening up more workforce opportunities right here in New Mexico.”
Leisure and hospitality reported the largest increase, with a gain of 6,900 jobs, or 6.8 percent. Other significant increases were reported in mining and construction with half the growth in the construction industry (up 6,400 jobs, or 8.9 percent), professional and business services (up 3,700 jobs or 3.5 percent).