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New Mexico continues to rank among the top 10 states for job growth

For Immediate Release
January 27, 2020

Contact: Stacy Johnston
Acting Public Information Officer
505.250.3926

 

New Mexico continues to rank among the top 10 states for job growth

(Albuquerque, NM) – New Mexico, alongside the state of Oregon, ranked 9th in the nation for over the year not seasonally adjusted private sector job growth at 2.1 percent. This marks the 5th consecutive month New Mexico has ranked among top ten states for job growth.

Most of the gains came from the private sector with gains of 13,800 jobs, or 2.1 percent. Of that, mining and construction had the largest employment increase with a gain of 5,500 jobs. In comparison with other states, Utah posted the highest private sector growth rate of 3.6 percent growth, while the lowest rate was in Wyoming with -1.5 percent. New Mexico ranked 0.6 percentage points higher than the national average of 1.5 percent.

“Holding in the top 10 among states for job growth proves that New Mexico is a great place to live and work,” said Bill McCamley, NMDWS Secretary. “New Mexico is building more roads and bridges, growing areas like film with targeted tax incentives, and fulfilling the Governor’s vision of opening up more jobs in areas like healthcare and STEM so New Mexicans don’t have to go to Dallas, Denver, or Phoenix for a great job.”

Other significant increases were found in the professional and business services industry (up 2,900 jobs, or 2.7 percent) and education and health services (up 1,900 jobs or 1.3 percent).

 

 

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