/ Categories: Economic News

Employment News Release July 20, 2012

New Mexico’s seasonally adjusted unemployment rate was 6.5 percent in June 2012, down from 6.7 percent a month earlier and 7.5 percent in June 2011.

The rate of over-the-year job growth, comparing June 2012 with June 2011, was negative 0.2 percent, representing a loss of 1,700 jobs. The preliminary May 2012 estimate, also down 0.2 percent from a year earlier, was revised upward to show a 100-job gain.

The return to job loss in June followed ten months of over-the-year growth averaging about 0.4 percent. Employment increased in seven industries, decreased in five, and remained unchanged in one.

Educational and health services added 4,300 jobs to its year-earlier total to again lead all industries. Leisure and hospitality, up 2,100; mining, up 1,600; and manufacturing, up 1,100, also registered large increases.

The government sector, down 5,200, continued to shed jobs, with losses nearly evenly distributed among the federal, state, and local levels. Employment was down 4,100 in professional and business services and 1,200 in both information and miscellaneous other services.

Detailed analysis will be provided in the June Labor Market Review, scheduled for release on July 27.

Archive

  • Do you want to become an

    Applications Developer?

    Develop, create, and modify general computer applications software or specialized utility programs. Analyze user needs and develop software solutions. Design software or customize software for client use with the aim of optimizing operational efficiency.

  • Do you want to become a

    Plumber?

    Assemble, install, alter, and repair pipelines or pipe systems that carry water, steam, air, or other liquids or gases. May install heating and cooling equipment and mechanical control systems.

  • Do you want to become an

    Ironworker?

    Raise, place, and unite iron or steel girders, columns, and other structural members to form completed structures or structural frameworks. May erect metal storage tanks and assemble prefabricated metal buildings.

  • Do you want to become an

    Electrician?

    Perform preliminary work with the material and tools of the trade; residential and commercial rough wiring and finish work including the installation of various kinds of wires, cables, and conduits per the National Electrical Code; industrial lighting and service installation; motors controls and installation including emergency generators, relays, and timing devices.

Can't find what you're looking for?

Contact us and we'll do our best to answer your questions.