Local News
6:25 am
Tue March 19, 2013

NM's Unemployment Rate For January Was 6.6 Percent

New Mexico's unemployment rate in January is unchanged from December's revised rate.

Labor officials say New Mexico's unemployment rate of 6.6 percent is an improvement over January 2012 when the rate was 7.0 percent.

The New Mexico Department of Workforce Solutions says the rate of over-the-year job growth was 0.4 percent for January. That represents a gain of 3,500.

The largest employment gains were reported by the leisure and hospitality industry, which added 2,000 jobs since last year. The financial activities industry added 1,500 jobs.

The largest employment losses occurred in construction and retail trade with each industry losing 400 jobs over the year.

Government employment registered a net loss of 1,200 jobs with over-the-year job losses reported at the state and federal levels.