New Mexico

Labor Market ReviewHighlights: October 2011

Labor Market Data

Current Regional Nonfarm Employment Growth

• New Mexico’s rate of over-the-year job growth was 0.6 percent, representing an increase of 5,000 jobs. This was the fifth straight month of over-the-year job growth, following a 32-month period of losses.

• Nonfarm payroll employment in the Albuquerque MSA was down 1,500 jobs or 0.4 percent for October, the area’s thirty-seventh consecutive month of over-the-year losses.

• Over the year, Las Cruces MSA employment growth was flat, with a private-sector gain of 800 jobs offset by an equal-sized loss in government.

• The Santa Fe MSA was up 400 jobs or 0.7 percent over the year. Private-sector employers posted a net increase of 800 jobs, with five industries expanding employment, three contracting, and three remaining at their year-ago levels.

• Over the year, total employment in the Farmington MSA was up 1,000 jobs or 2.1 percent.

What’s Inside

Economic Research and Analysis Bureau P.O. Box 1928 Albuquerque, N.M. 87103 505.383.2729 www.dws.state.nm.us

Susana MartinezGovernor

Celina Bussey

Cabinet Secretary

October 2011 over October 2010 - Not Seasonally Adjusted

Volume 40 No. 10 Published December 5, 2011

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New MexicoNew Mexico’s seasonally adjusted unemployment rate was 6.6 percent in October 2011, unchanged from September but down from 8.6 percent a year ago. The national unemployment rate dropped to 9.0 percent.

The rate of over-the-year job growth, comparing October 2011 with October 2010, was 0.6 percent, representing an increase of 5,000 jobs. This was the fifth straight month of over-the-year job growth, following a 32-month period of losses.

Analysis of the seasonally adjusted data shows that employment recently peaked in February 2008 and then declined over an almost three-year period through December 2010. From peak to trough, New Mexico lost almost 53,000 jobs from effects of the national recession. October 2011 data indicate that the state has regained about 9,000 jobs.

The most current survey data show more new jobs coming from educational & health services than from any other industry. This fast-growing group of firms added 6,900 jobs to its year-ago total, growing 5.7 percent. As the largest private-sector industry, educational & health services’ boost to the employment prospects for the state is huge in overall impact. The health care industry in particular is a stabilizer in an otherwise uncertain economy.

Latest Employment NewsRetail trade has made inroads on previous losses to now report 2,700 additional jobs, while wholesale trade posted gains of 1,500 jobs. The mining industry continues to do well, up 1,800 jobs after an earlier period of losses that ended in 2010.

The financial activities industry also posted a gain of 1,800 jobs, following three years of losses that ended earlier this year. Gains were likewise reported in leisure & hospitality, up 500 jobs, and manufacturing, up 300 jobs.

The remaining five private-sector industries each recorded declining employment. Construction was down 4,100 jobs over the year. Employment in the professional & business services industry was down 1,000 jobs from last year.

The information industry reported employment that was down 500 jobs from last year’s total, continuing its recent trend. The transportation, warehousing & utilities industry lost 300 jobs, and the miscellaneous other services category lost 100 jobs.

Government employment registered a net loss of 4,500 jobs from the year-ago total, with decreases reported for all three components. State government entities shed 2,900 jobs, while the local and federal levels trimmed 1,100 and 500, respectively.

Albuquerque MSA

(Bernalillo, Sandoval, Torrance, and Valencia Counties)The seasonally adjusted unemployment rate in the Albuquerque MSA was 6.9 percent in October 2011, down from 7.0 percent in September and 8.9 percent a year ago. The civilian labor force estimate was up slightly over the month after eight consecutive declines to start the year. However, the labor force decreased 2.8 percent over the year, with both employment (down 0.7 percent) and unemployment (down 24.5 percent) dropping from their October 2010 levels.

Nonfarm payroll employment in the Albuquerque MSA was down 1,500 jobs or 0.4 percent for October, the area’s thirty-seventh consecutive month of over-the-year losses. Four industries added jobs, seven lost jobs, and one was unchanged. Job growth continued to slowly inch toward the zero line after falling to a series-worst negative 5.0 percent for July, August, and September 2009. The rate of growth improved rapidly from its trough for nearly a year before slowing considerably through the most recent month. Employment growth in the Albuquerque MSA remained weaker than in New Mexico’s three other metro areas and for the state as a whole in October.

Leisure & hospitality continued its robust growth, up 1,400 jobs or 3.7 percent over the year, its first time below the 4 percent threshold since March. The industry has recovered nearly all its recessionary losses, with October 2010 employment of 39,000 just 600 jobs below the 2007 series high for the month. Recent growth extended gains that began last year, with leisure & hospitality one of only three private-sector industries (along with educational & health services

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New Mexico Educational & Health Services EmploymentOver-the-Year Job Gains, 2002-2011

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and wholesale trade) to increase employment on an annual average basis for 2010.

Educational & health services also added 1,400 jobs, up 2.6 percent from its year-ago total. Employment growth had been very weak for most of 2011, including four months of over-the-year job losses (the first in the series), until an especially strong education-related increase of 700 jobs between August and September boosted year-over-year growth to 2.6 percent. Total employment remained unchanged between September and October for both 2010 and 2011, thus extending this year’s September over-the-year increase into October.

Manufacturing posted a small 100-job increase that was nevertheless significant as its first over-the-year gain since last November

and second since March 2007. The huge losses in manufacturing employment over the past few years were exceeded only by those in construction. October 2011 manufacturing employment was down 7,000 jobs or 28.6 percent from a 2006 peak for the month. During that time, well-paying jobs were lost both through downsizing, such as at Intel, and closure, such as at Eclipse Aviation, GE Aviation, and Advent Solar. The small other services category matched the October employment gain in manufacturing, adding 100 jobs over the year, while wholesale trade was the only industry to remain unchanged from its year-ago employment level.

Construction employment was down 2,600 jobs or 12.1 percent for October, accounting for 70 percent of total private-sector losses. Continued reductions pushed industry employment to its lowest level for the month since 1992. October construction employment fell by 12,800 jobs or 40.4 percent between 2006 and 2011, with the

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)Albuquerque MSA October Employment by Industry, 2008-2011

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rate of decline for recent months only moderately improved from the series-worst levels recorded in 2009.

Government employment was down 800 jobs or 0.9 percent, marking six consecutive months of over-the-year declines. The entire October loss came at the local level, down 1.9 percent. Federal government employment was unchanged after recovering from large May through July losses resulting from the inclusion of census workers in the prior-year totals. State government employment matched its year-ago total for the fourth consecutive month.

Financial activities slipped by 400 jobs or 2.3 percent in recording its nineteenth consecutive over-the-year decline. After slowly expanding to a series-high annual average of 19,300 in 2005, employment slipped to an average of 17,300 for the first ten months of 2011, its lowest sustained level since early 1995.

Retail trade was down 300 jobs or 0.7 percent for October, continuing its recent erratic growth. The industry began 2011 in positive territory after 26 consecutive over-the-year losses, but has alternated between small gains and losses since the middle of the year. The holiday shopping season that begins next month normally results in large employment gains in retail trade, with an average 2000 through 2007 October to November increase of 3.9 percent. The increase for the past three years was far weaker but improving: 2008, 0.7 percent; 2009, 1.9 percent; and 2010, 2.7 percent.

The three remaining industries each posted minimal losses: transportation, warehousing & utilities, down 200 jobs or 2.1 percent; information, down 100 jobs or 1.2 percent; and professional & business services, down 100 jobs or 0.2 percent. A second straight over-the-year employment decline temporarily dropped professional & business services from first to second (below educational & health services) in the ranking of the Albuquerque area’s largest private-

sector industries. The September and October losses followed three over-the-year gains that had ended a 30-month run in negative territory.

The accompanying chart displays October employment levels for 2008 through 2011. The most notable changes for the period were the opposite-direction movements for the area’s two largest private-sector industries, professional & business services and educational & health services, and the large declines in the goods-producing industries, construction and manufacturing.

Las Cruces MSA(Doña Ana County) The seasonally adjusted unemployment rate for the Las Cruces MSA remained unchanged over the month at 6.7 percent for October 2011. The rate was down 1.8 points from 8.5 percent last October.

Over the month, the Las Cruces area added 900 jobs, with the private sector up 300 and government 600. Within the government sector, the federal component remained flat over the month, while the state and local levels added 500 and 100 jobs, respectively. The state and local gains were primarily school-related jobs.

For the private sector, retail trade, information, and educational & health services each added 100 jobs to their September totals. The remaining eight industries were unchanged over the month.

Over the year, Las Cruces MSA employment growth was flat, with a private-sector gain of 800 jobs offset by an equal-sized loss in government. Six industries posted positive over-the-year job growth for October. Educational & health services again led the way with an increase of 400 jobs or 3.4 percent, while retail trade was close behind with a gain of 200 jobs or 2.9 percent. The remaining four

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Las Cruces MSA October Employment by Industry, 2008-2011

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gaining industries—wholesale trade, financial activities, professional & business services, and leisure & hospitality—each added 100 jobs to their year-ago totals. Employment levels remained unchanged in transportation, warehousing & utilities; information; and miscellaneous other services.

Government entities trimmed payrolls by 800 jobs or 3.6 percent over the year, with the federal level down 200 jobs and the state and local levels each down 300. Total government represented about 31 percent of the total nonfarm employment in October, and its continued weak employment growth erased the modest gain generated in the private sector.

The accompanying chart displays October employment levels for 2008 through 2011. Educational & health services, the Las Cruces area’s largest private industry, posted solid job growth throughout the period, while the much-smaller goods-producing industries, construction and manufacturing, recorded the largest percentage decreases.

Santa Fe MSA(Santa Fe County) The seasonally adjusted unemployment rate for the Santa Fe MSA remained unchanged over the month at 5.5 percent for October 2011. The jobless rate was 7.2 percent a year ago.

Over the month, the Santa Fe MSA added 300 jobs, with the private sector contributing 200 and the government sector 100. Three of the 11 private industries—retail trade, financial activities, and educational & health services—added 100 jobs each, while leisure & hospitality lost 100. The remaining seven industries—construction; manufacturing; wholesale trade; transportation, warehousing & utilities; information; professional & business services; and miscellaneous other services—were each unchanged from their September employment levels. In the government sector, the local component added 100 jobs, while the state and federal levels were unchanged.

Over the year, the Santa Fe MSA was up 400 jobs or 0.7 percent. Private-sector employers posted a net increase of 800 jobs, with five industries expanding employment, three contracting, and three remaining at their year-ago levels. The strength for the Santa Fe

MSA remained in educational & health services (up 3.8 percent) and retail trade (up 4.7 percent), each adding 400 jobs. Leisure & hospitality was up 300 jobs or 3.4 percent over the year, while financial activities (up 3.8 percent) and professional & business services (up 2.3 percent) were each up 100 jobs. Construction employment fell by 300 jobs or 9.7 percent, and information (down 10.0 percent) and miscellaneous other services (down 3.4 percent) each shed 100 jobs over the year. Employment was unchanged in manufacturing; wholesale trade; and transportation, warehousing & utilities.

The government sector, down 400 jobs or 2.4 percent, continued to be a drag on the Santa Fe economy. All three government components trimmed payroll employment over the year: local government, down 200 jobs or 2.7 percent; federal government, down 100 jobs or 9.1 percent; and state government, down 100 jobs or 1.2 percent.

The accompanying chart displays October employment levels for 2008 through 2011. Educational & health services was the only industry to grow significantly over the period, while construction posted the most abrupt decline.

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Over-the-Year Growth Rates

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Farmington MSA(San Juan County)The seasonally adjusted unemployment rate in the Farmington MSA was 6.6 percent in October 2011, down from 6.7 percent in September and 9.4 percent a year ago.

Over the month, the Farmington MSA added 300 jobs, with a government loss of 200 partially offsetting a private-sector gain of 500. Goods-producing industries added 100 jobs, while private service-providing industries gained 400. Within the government

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Santa Fe MSA October Employment by Industry, 2008-2011

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sector, the federal and local levels were each down 100 jobs, and state government employment was unchanged from September.

Over the year, total employment in the Farmington area was up 1,000 jobs or 2.1 percent. Private-sector payrolls expanded by 800 jobs or 2.2 percent, with goods-producing industries up 200 jobs or 1.9 percent and private service-providing industries up 600 jobs or 2.3 percent. The government sector’s 200-job increase comprised

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Farmington MSA October Employment by Industry, 2008-2011

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mixed results from the component levels: local government was up 300 jobs or 3.3 percent, federal government was down 100 jobs or 5.6 percent, and state government was unchanged from its year-ago total.

The accompanying chart displays October employment levels for 2008 through 2011. The private servicing-providing industries and the goods-producing industries have gradually begun to recover after posting steep employment declines between 2008 and 2009.

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New Mexico Area Economic ActivityThis section presents the latest economic news gathered from published articles, government documents, private- and public-sector news releases, and reports from local New Mexico Workforce Connection Centers. In most cases, no attempt is made to verify accuracy of information.

StatewideThe eastern New Mexico dairies that survived record-low wholesale milk prices for most of 2010 have this year been impacted by drought and other factors that increased the price of feed. Former Lt. Governor Walter Bradley, now a spokesman for the Dairy Farmers of America, said this combination of adverse events has left the dairy industry struggling. Milk has been the number one cash commodity in New Mexico the last four years, with receipts in excess of $1 billion each year. The dairy industry accounts for roughly 40 percent of the state’s $2.6 billion in agricultural cash receipts.

The drought has also affected the cotton crop, with yields down this year and no immediate relief expected. The current situation may also reduce next year’s crop because of the lack of deep moisture in the fields. The severe drought has impacted farmers throughout eastern New Mexico and west Texas. According to Darren Hudson of the Cotton Research Institute at Texas Tech University in Lubbock, production in west Texas, the unofficial cotton capital of the U.S., could fall from a ten-year average of 4.5 million bales to 1.5 million this year.

Central Workforce Investment Area

Albuquerque Area, Bernalillo County:Three new restaurants have opened or will soon open in Albuquerque: Matteo’s at 1606 Central SE, Pizza 9 at First and Gold SW, and Zacatecas at 3423 Central NE. Matteo’s is a family-run business that serves everything from salads and sandwiches to burgers, burritos, steak, skillets, and more; Pizza 9 features Chicago-style pizza; and Zacatecas offers patrons Mexican soft tacos, Mexican beer, and a tequila bar.

With the busy holiday shopping season rapidly approaching, shipping companies throughout the country are preparing for the rush. Nationwide, United Parcel Service Inc. will hire 50,000 seasonal employees and FedEx Corp. 20,000 to accommodate anticipated customer demand. Both companies have a strong presence in Albuquerque, with 13 UPS Stores and 18 staffed FedEx shipping locations in the city.

Rio Rancho Area, Sandoval County:Presbyterian Rust Medical Center held a grand opening celebration on October 22 that drew more than a thousand people. The facility, located on Unser and Wellspring near the Rio Rancho-Albuquerque border, is the first full-service hospital in Rio Rancho. CEO Jim Hinton spoke during the ceremony and thanked numerous people and companies, including Jack and Donna Rust, who donated $10 million to the new hospital that bears their name. The center has 68 beds and offers a wide range of services. In addition to the more than 2,500 temporary jobs created over two years of construction, the new medical facility was expected to create 400 permanent positions.

Eastern Workforce Investment Area

Carlsbad Area, Eddy County:More than three dozen workers were recently laid off at the Waste Isolation Pilot Plant near Carlsbad. Officials cited an end to federal stimulus funding on September 30 as reason for the move. Earlier this year, 51 workers volunteered to leave as part of the first phase of job reductions at the federal waste repository.

Clovis Area, Curry County:Hotel Clovis will undergo a renovation that will include apartments and business space in the city’s historic downtown. Clovis Mayor Gayla Brumfield said the goal is to save the historic building, revitalize downtown, and provide quality, attractive, affordable housing. The renovation is expected to create 150 construction jobs. City officials and developer Stephen Crozier hope to have the project ready by December 2012.

Construction could begin in early 2012 on the Tres Amigas high-voltage interconnection facility northeast of Clovis. The project will bring hundreds of temporary jobs to eastern New Mexico during the 36-month construction of its initial phase. When completed, the first phase is expected to create at least 100 permanent positions. Tres Amigas will serve as a superstation, connecting and redistributing electricity from the nation’s three main power grids. The facility will require three phases of construction over a ten-year period, costing over $1.5 billion. Investment will be

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$400 million for phase one, $300 million for phase two, and $800 million to $1 billion for phase three. The superstation will be built on 14,400 acres of state trust land as part of a 99-year lease signed in December 2010.

Dodgeville, Wisconsin-based Quality Liquid Feeds plans to open a Clovis production facility on November 1. The plant is relocating from Hereford, Connecticut, and is expected to bring about 15 jobs to the area. Liquid feed is used for dairy and feedlot animals to improve palatability of feed, increase intake, and provide for better fiber digestion by the animals.

Northern Workforce Investment Area

Farmington Area, San Juan County:The Navajo-Gallup Water Supply Project was identified by the Obama Administration in a presidential memorandum as one of 14 infrastructure projects to be “expedited through the permitting and environmental review processes.” The project will include two water treatment facilities, 24 pump stations, and a 280-mile pipeline that will deliver 37,000 acre-feet of water from San Juan County rivers to about 250,000 people on Navajo Nation land, in the city of Gallup, and on Jicarilla-Apache Nation land. Rick Ehat, Navajo-San Juan settlement implementation leader for the Bureau of Reclamation, estimates the project will create 400 to 500 jobs once construction begins.

Target and Walmart on Main Street will be remodeling. Target’s plan will expand the store’s grocery selection to be similar to that of a full-sized grocery store. Walmart will upgrade lighting and signage, relocate popular products to make them easier to find and improve restroom facilities.

Glorieta Area, Santa Fe County:Life Way Glorieta Conference Center will close for seven months, laying off 17 employees. The operation will retain seven of its 24 full-time employees to maintain the facility during the period. The Southern Baptist agency that manages the center (and a second one in North Carolina) is considering selling the facility 12 miles east of Santa Fe off Interstate 25. The center encompasses about 2,200 acres and is used for both church and secular conferences.

Southwestern Workforce Investment Area

Las Cruces Area, Dona Aña County:Virgin Galactic CEO Richard Branson, future orbiters, and assorted dignitaries came together to dedicate Spaceport America’s latest development, the just-completed Terminal Hangar Facility. The company hopes to complete enough test flights by the end of 2012 to allow commercial suborbital flights to begin soon thereafter. The $209 million taxpayer-financed spaceport will launch people and payloads on spacecraft being developed for Virgin Galactic. Virgin expects to employ 75 to 100 people in New Mexico, and the spaceport itself will require another 25 to 50 long-term employees. Construction has created more than 500 temporary positions.

Sapphire Energy broke ground in Columbus, New Mexico, on a new facility that will refine algae into fuel for the U.S. military. The company has a research facility in Las Cruces with close ties to New

Mexico State University and has already produced working samples of algae biofuel.

Pecan harvesting will be down about 15 percent this year from last year for a variety of reasons, including unusual spring weather and changing farming practices. Doña Ana County is New Mexico’s major producer of pecans, accounting for about two-thirds of total production. According to the U.S. Department of Agriculture, 56 million in-shell pounds of pecans are expected in the state this year.

Santa Teresa Area, Dona Aña County:TE Connectivity is moving its distribution and manufacturing operation to Santa Teresa from El Paso. The Santa Teresa center currently employs about 250, but with the consolidation that number could double. The move will initially bring 85 jobs to Santa Teresa.

NRG Energy celebrated the opening of its Roadrunner Solar Generating Facility in Santa Teresa on October 7. The 20-megawat photovoltaic solar plant is the second largest of its kind in the state. First Solar built the facility and will continue to provide support for operations and maintenance. El Paso Electric Co. has a 20-year agreement to buy power generated at the site.

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Recently, we’ve had the opportunity to present LED OnTheMap to groups of economic developers and data users. Classes like these allow us to share our knowledge of OnTheMap while at the same time learning more about its potential applications. Class participants ask wide-ranging questions, the answers to which can often be applied to a variety of real-life situations. The following is one example from the classroom of OnTheMap’s practical capability as a data-analysis tool.

Grant Applications

Grant applications typically require a certain amount of statistical data to support claims of the necessity of grant monies. For this example, we want to show how many low-income workers are living along a specific street to highlight the area’s need for economic improvements. OnTheMap provides data for several geographies down to the census block group, so first determine which geography will provide the data you want or if an advanced freelance selection is best. Freelance selections can be imprecise, whereas a selection based on layers (e.g., block groups) may more accurately pinpoint the desired data. To select a street, this example will use a layer selection to select all block groups along Central Avenue.

Here are directions to select the Central Avenue corridor in Albuquerque:

1. Go to lehd.did.census.gov.

2. Type in “87123” (a zip code along Central Avenue) and click Search.

3. Click on the Selection tab on the top left. If Route 66 (Central Avenue) is not visible, zoom in and drag the map to show it.

4. Click on Draw Line beneath Drawing Tools, and under Add Layer Selection, change the drop down box to Census Block Groups.

Local Area Data Analysis Using OnTheMapMichelle Doran, Economist

5. Using your mouse, draw a line along Route 66 from I-40 down to I-25.

6. Click Confirm Selection.

After the area selection is complete, select Perform Analysis on Selection Area from the results box that appears in the map. A work area profile will show how many jobs are in the area, and a home area analysis will show how many workers are living along that stretch. To show data about only low-wage workers, change the selection under the Area Profile to display the labor market segment $1,250 per month or less from the Analysis settings box. Following are results from an analysis of this area, which consisted of 461 census blocks. Your results may differ slightly, depending on the number of census blocks included within the line’s perimeter.

In 2009, there were 24,081 jobs in the census block groups along Central Avenue from Tramway to I-25, 25.6 percent of which were low-wage jobs paying $1,250 per month or less. There were 9,359 workers living in that area, with 30.4 percent earning $1,250 or less. There were several areas in southeast Albuquerque along Central east of Louisiana that had large concentrations of low-wage workers. Albuquerque as a whole had only 25.6 percent of workers in that segment.

While OnTheMap does indicate the number of workers earning $1,250 or less in the area, it does not answer questions about poverty rates or show total income for housing units. LED’s OnTheMap data show wage earnings and not income for individual workers.

The key advantage of OnTheMap lies in the application’s ability to quickly generate a large amount of data for even very small geographic areas. In the example of a grant application, this information can then be combined with Census Bureau data on income and housing, for example, to facilitate a comprehensive analysis.

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Tools for Evaluating Employment ProspectsSuzan Reagan, LMI Webmaster

The New Mexico economy has only begun to recover the tens of thousands of jobs lost during the recent downturn. The supply of jobs, as measured by seasonally adjusted total nonfarm payroll employment, peaked in February 2008 at 849,600 before declining to a low of 796,900 for December 2010. October 2011 employment of 806,000 represented a gain of 9,100 jobs from this recent trough. The state’s still-elevated unemployment rate reflects intense competition for available opportunities, providing ongoing challenges for job seekers, career counselors, students, education policy decision makers, and other workforce professionals, in identifying desirable jobs and career pathways.

In days past, finding openings and obtaining interviews with follow-up job offers was a fairly routine undertaking. A job hunter generally need only open the classified section of the local newspaper to determine the number of job openings. Today, employers often use multiple sources to advertise positions, including Internet job boards and company websites, thereby increasing both the opportunities and challenges for a job seeker. The important issues for current job seekers are identifying growing occupations and companies and evaluating the competition for available openings.

These goals can be accomplished in part by reviewing online job posting statistics. The New Mexico Workforce Connection (the state job bank) website at www.jobs.state.nm.us offers area profile reports that contain real-time statistics related to job postings. Detailed labor market breakouts by county, advertised education level, and industry for the job openings advertised online in New Mexico are available using the Labor Market Information link and the Area Profile option (see nearby workforce information tip). The report also shows candidate information. Despite possible double counting of some openings, the data are nevertheless useful indicators of current trends and opportunities. For November 15, 2011, the state job bank listed 25,434 job openings advertised online and 54,055 potential candidates in looking for work in New Mexico. These numbers demonstrate that while job opportunities do currently exist, competition for them is strong. Not surprisingly, three of the largest industry sectors in New Mexico accounted for the greatest number of job postings: Health Care and Social Assistance (1,659), Retail Trade (708), and Professional and Technical Services (640).

For November 15, 2011, the following summary information was available through the New Mexico Workforce Connection system:Jobs Available There are 25,434 job openings advertised online in New Mexico on November 15, 2011. Source: Online advertised jobs data

Job Area Distribution The counties with the highest number of job openings advertised online in New Mexico on November 15, 2011, are Bernalillo (10,315), Dona Ana (2,460), Santa Fe (2,320), San Juan (1,814), Chaves (1,168), Lea (1,022), Eddy (937), Curry (675), McKinley (636), and Sandoval (594). Source: Online advertised jobs data

Candidate Data Candidates Available There were 54,055 potential candidates in the workforce system looking for work in New Mexico on November 15, 2011. Source: Individuals with active resumes in the workforce system

Candidate Area Distribution The counties in New Mexico where the highest number of potential candidates in the workforce system were looking for work on November 15, 2011, were Bernalillo County (23,937), Sandoval (13,250), Santa Fe (12,042), Dona Ana (11,885), Valencia (9,159), Eddy (8,921) , Taos (8,678), Chaves (8,315), Luna (7,999), and San Juan (7,595). There were 5,381 candidates who indicated they were willing to work anywhere in the state. Source: Individuals with active resumes in the workforce system

Education and Training Data Education Requirements on Advertised Jobs The most common minimum education requirement on job openings advertised online in New Mexico on November 15, 2011, was a High School Diploma or Equivalent, with 40.82% of the total specified. The second most common requirement was a Bachelor’s Degree, with 27.16% of the total specified. A total of 22,514 jobs had no specific required education level specified. Source: Online advertised jobs data

12

Selected NM Top Growth Occupations 2009-2019 Annual Percent Change

Network Systems and Data Communications Analysts

4.2%

Home Health Aides 4.0% Actuaries 3.9% Personal and Home Care Aides 3.9% Petroleum Engineers 3.8% Self-Enrichment Education Teachers 3.4% Medical Equipment Repairers 3.4% Pharmacy Technicians 3.0% Physical Therapist Aides 2.8% Compliance Officers, Except Agriculture, Construction, Health and Safety, and Transportation

2.7%

Painting, Coating, and Decorating Workers 2.7% Medical Assistants 2.6%

Combining these current data with long-term occupational projections can provide a more compressive understanding of the employment outlook. The accompanying table lists projected growth rates for selected occupations in New Mexico for the period 2009-2019. The projections take into account trends that were unaffected by the recession as well as those that were. When evaluating a specific occupation, consider that occupations growing at about a 2 percent annual rate in a normal year would be considered good prospects. Several occupations in the projections table are found in the health care field, which will likely continue its solid growth into the foreseeable future, primarily driven by the needs of an aging population. To review statistics related to

a specific occupation, again refer to the New Mexico Workforce Connection website at www.jobs.state.nm.us, first clicking on the Labor Market Information link and then the Occupational Profile option.

The economy is expected to recovery slowly, with competition remaining keen for available job openings. Locating and evaluating opportunities requires a focused effort, which can be aided by the tools described above and others available through New Mexico Department of Workforce Solutions website at http://www.dws.state.nm.us/.

Education Level of Available Candidates The most common education level of potential candidates in the system in New Mexico on November 15, 2011 was a High School Diploma or Equivalent, with 39.33% of the total specified. The second most common level was 1 to 3 Years at College or a Technical or Vocational School, with 23.37% of the total specified. Source: Individuals with active resumes in the workforce system

Industries Industry Employment Distribution The total number of employees located in New Mexico in fourth quarter 2010 was 786,013. The largest major industry sector was Health Care and Social Assistance, with 15.7% of the employment, followed by Retail Trade (44 & 45), with 11.8% of the employment, and Education Services, with 10.8% of the employment. Source: Labor Market Statistics, Quarterly Census of Employment and Wages Program

Industries by Advertised Jobs The industries with the highest job openings advertised online in New Mexico on November 15, 2011, were Health Care and Social Assistance (1,659), Retail Trade (708), Professional and Technical Services (640), Educational Services (631), Accommodation and Food Services (391), Manufacturing--31-33 (313), Wholesale Trade (204), Finance and Insurance (203), Public Administration (166), and Information (163).

13

Workforce Information TipHow can I find statistics about current job openings in New Mexico?

1. Start at www.jobs.state.nm.us.

2. Under Business Services, click on Labor Market Information.

3. Click on Area Profile.

4. Leave the area set to New Mexico for statewide statistics. (Other area options are County, Metropolitan Area, or Workforce Region. Click Continue.

5. The Area Summary displays a variety of economic statistics. To have a report with just job postings and candidate statistics, click on the Show Data Categories (display more information) link.

6. Click on the Uncheck All link.

7. Put a check in the box next to the following categories:

a. All Jobs Data

b. All Candidate Data

c. Employer Data

d. Education Requirements on Advertised Jobs

e. Education Level of Available Candidates

f. Industry Employment Distribution

g. Industries by Advertised Jobs

8. Click the Set Data Categories button.

9. Now the report has just the categories you have selected.

10. Click on Show Display Options (includes maps and graphs).

11. Options to add maps and graphs are available if you have the Microsoft Silverlight plug-in.

12. Important to jobs data is the choice to use Level 1–Low level de-duplication of advertised job openings (more jobs) or Level 2–High level de-duplication of advertised job openings (for statistical analysis). The second level will significantly reduce the number of job postings.

13. Once done making changes to Display Options, click Set Display Mode button to see your updated summary profile.

14

USDOL Bureau of Labor StatisticsSpotlight on Statistics

October 2011-Automobiles

The U.S. automobile industry can be viewed as both a barometer and beneficiary of American growth and economic achievement. Supporting that view is the fact that the automobile industry affects industries that manufacture steel, glass, plastics, and rubber, as well as those that refine and sell gasoline, build roads, and maintain, repair, and sell motor vehicles.

Motor vehicles also affect our daily lives. In 2010, on an average day, 67.6 percent of the civilian noninstitutional population aged 15 and over drove; those who drove spent on average 1 hour and 18 minutes driving.

The structure of the U.S. automobile industry has changed. Several domestic automakers have lost market share to foreign-owned manufacturers, which now manufacture and sell an increasing number of cars in the United States and throughout North America.

In this Spotlight we present BLS data to provide insight into employment within the motor vehicle and parts manufacturing industry, motor vehicle-related expenditures on the part of U.S. households, injuries experienced by those who work on motor vehicles, and industry productivity.

The Price of Automobiles

Price is an important consideration to consumers when they begin the search for a new, used, or leased automobile. Since mid-2008, the prices of new, used, and leased cars and trucks have been more volatile than in previous years. The price of leased cars and trucks increased from October 2007 to November 2009, while the price of used cars and trucks declined from June 2008 to September 2009. In contrast, the price of leased cars and trucks declined from January 2010 to September 2011 while the price of used cars and trucks increased from October 2009 to September 2011. In comparison to prices of used and leased cars and trucks, prices of new cars and trucks have typically increased and decreased at smaller rates since 2003.

For the remainder of this Spotlight on Statistics-Automobiles article and other archived Spotlight on Statistics topics, visit http://www.bls.gov/spotlight/2011/auto/.

Source: Consumer Price Index | Chart Data

15

NM Occupational Shortages & SurplusesThe following designations are based on posted job orders & resumes entered in the NM Workforce Connection System (www.jobs.state.nm.us) by occupation in the last 30 days (October 2011).

Automotive Master Mechanics Baggage Porters & Bellhops Hotel, Motel & Resort Desk ClerksChild, Family & School Social Wrkrs Bill & Account Collectors Janitors & Cleaners Driver/Sales Wrkrs Bookkeeping, Accounting & Auditing Clerks Maintenance & Repair Wrkrs Helpers-Production Wrkrs Computer Support Specialists Medical AssistantsLicensed Practical & Licensed Vocational Nurses Customer Service Representatives Medical Records & Health Information TechniciansRegistered Nurses Dining Room & Cafeteria Attend & Bartender Helpers Office & Admin Support Wrkrs Vocational Education Teachers, Postsecondary Dishwashers Receptionists & Information Clerks

Executive Secretaries & Admin Assistants Sales Managers1st-Line Sups/Mngrs of Office & Admin Support Wrkrs Stock Clerks-Stockroom, Warehouse, or Storage Yard1st-Line Sups/Mngrs of Retail Sales Wrkrs Tellers

Communications Teachers, Postsecondary Billing, Cost & Rate Clerks Medical AssistantsLicensed Practical & Licensed Vocational Nurses Cashiers Medical Records & Health Information TechniciansMedical & Clinical Laboratory Technologists Computer Support Specialists Office & Admin Support Wrkrs Nursing Instructors & Teachers, Postsecondary Driver/Sales Wrkrs Office Clerks Postsecondary Teachers Executive Secretaries & Admin Assistants Receptionists & Information ClerksVocational Education Teachers, Postsecondary 1st-Line Sups/Mngrs of Office & Admin Support Wrkrs Security Guards

Hotel, Motel & Resort Desk Clerks Stock Clerks-Stockroom, Warehouse, or Storage YardJanitors & Cleaners TellersMaids & Housekeeping CleanersMaintenance & Repair Wrkrs

Electricians Customer Service RepresentativesInternists Maintenance & Repair Wrkrs Welders, Cutters & Welder Fitters Security Guards

No particular job in demand Retail SalespersonsSecurity Guards

Electrical Engineers Bill & Account Collectors Secretaries, Except Legal, Medical & ExecutiveLicensed Practical & Licensed Vocational Nurses Bookkeeping, Accounting & Auditing Clerks Truck Drivers, Light or Delivery ServicesPolice Patrol Officers Customer Service RepresentativesRegistered Nurses Driver/Sales WrkrsSecurity Guards Executive Secretaries & Admin Assistants

1st-Line Sups/Mngrs of Office & Admin Support Wrkrs1st-Line Sups/Mngrs of Retail Sales WrkrsGrounds Maintenance Wrkrs Probation Officers & Correctional Treatment SpecialistsReceptionists & Information Clerks

Electrical EngineersKindergarten Teachers, Except Special Education

*Occupational Rollover Statistics is an indicator of occupational activity with both numerous job orders & resumes in NM Workforce Connection.

Albuquerque MSA Albuquerque MSA

Las Cruces MSA Las Cruces MSA

Occupational Rollover Statistics*

Farmington MSA Farmington MSA

Shortages SurplusesStatewide Summary Statewide Summary

Santa Fe MSA Santa Fe MSA

Agriculture, Forestry, Fishing & Hunting

0%

Management of Companies and Enterprises

0%

Utilities 0%

Real Estate and Rental and Leasing 0%

Wholesale Trade

1%

Information 1%

Other Services (except Public Admin.)

1%

Unclassified establishments

2%

Finance and Insurance 2%Mining

2%

Arts, Entertainment, and Recreation

2%Transportation and Warehousing (48 & 49)

2%

Public Administration 3%

Education Services 3%

Construction 3%

Accommodation and Food Services 5%

Professional, Scientific & Technical Svc

5%

Manufacturing (31-33) 5%

Admin., Support, Waste Mgmt, Remediation

7%

Health Care and Social Assistance 22%

Retail Trade (44 & 45) 34%

NM Workforce Connection Posted Job Openings

by Industry October 2011

16

Labor Market Information Quick Reference and Fast Facts

New Mexico – Seasonally Adjusted Labor Force, Employment, Unemployment &

Unemployment RateTotal Nonfarm Employment Growth

Rankings New Mexico and United States

Civilian Un- Unadj.Labor Employ- employ- Rate RateForce ment ment % %

1990 711,891 663,698 48,193 6.8%1991 719,243 667,698 51,545 7.2%1992 735,447 680,463 54,984 7.5%1993 755,053 700,258 54,795 7.3%1994 776,827 725,387 51,440 6.6%1995 798,621 744,557 54,064 6.8%1996 812,862 751,826 61,036 7.5%1997 822,627 768,596 54,031 6.6%1998 835,879 783,661 52,218 6.2%1999 839,988 793,052 46,936 5.6%2000 852,293 810,024 42,269 5.0%2001 863,682 821,003 42,679 4.9%2002 871,512 823,191 48,321 5.5%2003 888,468 835,835 52,633 5.9%2004 901,833 849,970 51,863 5.8%2005 913,453 866,349 47,104 5.2%2006 924,516 886,708 37,808 4.1%2007 933,616 901,704 31,912 3.4%2008 952,217 909,809 42,408 4.5%2009 942,273 876,218 66,055 7.0%

2010 JAN 946,360 869,464 76,896 8.1% 8.3%FEB 949,344 871,702 77,642 8.2% 8.5%MAR 951,919 873,638 78,281 8.2% 8.4%APR 953,519 874,626 78,893 8.3% 8.1%MAY 954,066 874,589 79,477 8.3% 8.2%JUN 953,926 873,890 80,036 8.4% 8.8%JUL 953,605 873,011 80,594 8.5% 9.0%AUG 953,727 872,597 81,130 8.5% 8.7%SEP 954,325 872,719 81,606 8.6% 8.2%OCT 955,118 873,107 82,011 8.6% 8.2%NOV 955,788 873,432 82,356 8.6% 8.4%DEC 956,479 873,840 82,639 8.6% 8.2%

2011 JAN 955,756 872,952 82,804 8.7% 8.8%FEB 955,544 872,765 82,779 8.7% 8.8%MAR 951,595 874,075 77,520 8.1% 7.4%APR 948,752 877,119 71,633 7.6% 6.9%MAY 944,252 878,765 65,487 6.9% 6.5%JUN 938,271 874,325 63,946 6.8% 7.8%JUL 932,594 870,148 62,446 6.7% 7.2%AUG 929,783 868,389 61,394 6.6% 6.6%SEP 930,908 869,380 61,528 6.6% 6.4%OCT 932,426 870,964 61,462 6.6% 6.4%NOVDEC

# CHANGE FROMMonth Ago 1,518 1,584 -66 0.0% 0.0%Year Ago -22,692 -2,143 -20,549 -2.0% -1.8%2 Yrs. Ago -8,873 3,105 -11,978 -1.2% -1.2%3 Yrs. Ago -25,213 -37,346 12,133 1.4% 1.6%

% CHANGE FROMMonth Ago 0.2% 0.2% -0.1%Year Ago -2.4% -0.2% -25.1%2 Yrs. Ago -0.9% 0.4% -16.3%3 Yrs. Ago -2.6% -4.1% 24.6%

October October %State Rank 2010 2011 Change ChangeNorth Dakota 1 387.3 405.9 18.6 4.8%Oklahoma 2 1,537.4 1,584.2 46.8 3.0%Utah 3 1,195.2 1,226.8 31.6 2.6%Louisiana 4 1,895.8 1,939.9 44.1 2.3%Texas 5 10,449.4 10,681.9 232.5 2.2%Nebraska 6 948.4 967.3 18.9 2.0%Arizona 7 2,388.8 2,433.5 44.7 1.9%Montana 7 432.4 440.4 8.0 1.9%Wyoming 9 287.4 292.5 5.1 1.8%California 10 13,987.2 14,227.7 240.5 1.7%Vermont 10 303.5 308.6 5.1 1.7%Massachusetts 12 3,224.4 3,274.9 50.5 1.6%Washington 13 2,806.5 2,848.8 42.3 1.5%Oregon 13 1,621.2 1,645.5 24.3 1.5%Colorado 15 2,229.2 2,261.2 32.0 1.4%Florida 16 7,169.0 7,261.9 92.9 1.3%Ohio 16 5,102.6 5,166.6 64.0 1.3%Michigan 18 3,940.0 3,987.6 47.6 1.2%United States 131,071.0 132,572.0 1,501.0 1.1%Illinois 19 5,681.1 5,743.0 61.9 1.1%New Hampshire 19 629.8 636.6 6.8 1.1%Nevada 19 1,118.0 1,130.0 12.0 1.1%Hawaii 19 590.7 597.0 6.3 1.1%Kentucky 19 1,792.8 1,811.8 19.0 1.1%Pennsylvania 24 5,693.3 5,748.4 55.1 1.0%Mississippi 24 1,093.9 1,104.4 10.5 1.0%Tennessee 26 2,643.4 2,667.9 24.5 0.9%Iowa 26 1,491.5 1,504.8 13.3 0.9%South Carolina 28 1,817.5 1,832.5 15.0 0.8%New York 29 8,663.5 8,727.0 63.5 0.7%Minnesota 29 2,682.3 2,701.9 19.6 0.7%Alaska 29 324.8 327.1 2.3 0.7%Idaho 29 613.2 617.4 4.2 0.7%Virginia 29 3,656.8 3,681.6 24.8 0.7%West Virginia 34 757.7 762.5 4.8 0.6%Connecticut 34 1,630.1 1,640.3 10.2 0.6%New Mexico 34 806.8 811.8 5.0 0.6%New Jersey 34 3,871.8 3,894.7 22.9 0.6%South Dakota 38 408.1 410.0 1.9 0.5%Maryland 39 2,537.8 2,547.7 9.9 0.4%Kansas 40 1,336.4 1,340.9 4.5 0.3%Maine 40 603.9 605.7 1.8 0.3%North Carolina 40 3,897.8 3,909.0 11.2 0.3%Alabama 43 1,876.9 1,880.7 3.8 0.2%Wisconsin 43 2,773.9 2,779.4 5.5 0.2%District of Columbia 45 715.8 716.4 0.6 0.1%Missouri 46 2,670.8 2,671.0 0.2 0.0%Rhode Island 46 466.5 466.3 -0.2 0.0%Delaware 48 415.6 415.3 -0.3 -0.1%Arkansas 48 1,181.7 1,180.5 -1.2 -0.1%Indiana 50 2,841.1 2,828.7 -12.4 -0.4%Georgia 51 3,851.4 3,818.8 -32.6 -0.8%Source: U.S. Department of Labor, Bureau of Labor StatisticsEmployment numbers are not seasonally adjusted.Employment numbers are in thousands.

17

New Mexico Labor Force Estimates – Not Seasonally Adjusted

Unemployment Rates in New Mexico - Not Seasonally Adjusted

REVISED SEPTEMBER 2011Labor Force Empl. Unemp. Rate Labor Force Empl. Unemp. Rate Labor Force Empl. Unemp. Rate

STATEWIDE 938,819 878,306 60,513 6.4% 933,793 874,107 59,686 6.4% 958,282 879,361 78,921 8.2%Albuquerque MSA 400,132 372,247 27,885 7.0% 398,026 370,472 27,554 6.9% 410,538 374,446 36,092 8.8% Bernalillo 306,848 286,356 20,492 6.7% 305,288 284,991 20,297 6.6% 314,975 288,048 26,927 8.5% Sandoval 55,855 51,462 4,393 7.9% 55,507 51,217 4,290 7.7% 57,025 51,766 5,259 9.2% Torrance 6,796 6,246 550 8.1% 6,780 6,216 564 8.3% 6,994 6,283 711 10.2% Valencia 30,634 28,183 2,451 8.0% 30,451 28,048 2,403 7.9% 31,544 28,349 3,195 10.1%Farmington MSA 56,494 52,869 3,625 6.4% 55,880 52,225 3,655 6.5% 56,752 51,679 5,073 8.9%Las Cruces MSA 92,848 86,993 5,855 6.3% 91,863 86,142 5,721 6.2% 94,764 87,393 7,371 7.8%Santa Fe MSA 76,526 72,400 4,126 5.4% 75,657 71,592 4,065 5.4% 77,468 72,085 5,383 6.9%Catron 1,506 1,400 106 7.0% 1,548 1,449 99 6.4% 1,568 1,416 152 9.7%Chaves 26,470 24,842 1,628 6.2% 26,594 25,009 1,585 6.0% 27,663 25,423 2,240 8.1%Cibola 12,371 11,628 743 6.0% 12,326 11,578 748 6.1% 12,679 11,697 982 7.7%Colfax 6,251 5,796 455 7.3% 6,184 5,738 446 7.2% 6,510 5,955 555 8.5%Curry 21,420 20,483 937 4.4% 21,234 20,294 940 4.4% 22,031 20,809 1,222 5.5%De Baca 785 749 36 4.6% 794 761 33 4.2% 828 779 49 5.9%Eddy 29,397 28,200 1,197 4.1% 29,415 28,254 1,161 3.9% 28,831 27,168 1,663 5.8%Grant 11,780 10,946 834 7.1% 11,544 10,760 784 6.8% 11,676 10,473 1,203 10.3%Guadalupe 1,727 1,576 151 8.7% 1,773 1,612 161 9.1% 1,811 1,618 193 10.7%Harding 382 364 18 4.7% 369 352 17 4.6% 427 405 22 5.2%Hidalgo 3,003 2,859 144 4.8% 3,011 2,865 146 4.8% 2,907 2,689 218 7.5%Lea 29,412 28,144 1,268 4.3% 29,104 27,841 1,263 4.3% 28,367 26,400 1,967 6.9%Lincoln 10,754 10,209 545 5.1% 10,798 10,283 515 4.8% 11,117 10,393 724 6.5%Los Alamos 10,105 9,799 306 3.0% 10,196 9,898 298 2.9% 10,376 9,980 396 3.8%Luna 13,399 11,740 1,659 12.4% 13,652 12,041 1,611 11.8% 13,435 11,527 1,908 14.2%McKinley 26,407 24,285 2,122 8.0% 26,500 24,375 2,125 8.0% 27,616 25,002 2,614 9.5%Mora 1,934 1,701 233 12.0% 1,939 1,708 231 11.9% 2,021 1,718 303 15.0%Otero 25,988 24,466 1,522 5.9% 25,913 24,433 1,480 5.7% 26,581 24,538 2,043 7.7%Quay 3,849 3,576 273 7.1% 3,777 3,513 264 7.0% 3,980 3,642 338 8.5%Rio Arriba 19,281 17,950 1,331 6.9% 19,351 18,039 1,312 6.8% 20,578 18,826 1,752 8.5%Roosevelt 9,303 8,902 401 4.3% 9,144 8,747 397 4.3% 9,455 8,922 533 5.6%San Miguel 13,226 12,344 882 6.7% 13,089 12,216 873 6.7% 13,443 12,315 1,128 8.4%Sierra 6,287 5,937 350 5.6% 6,199 5,863 336 5.4% 6,385 5,958 427 6.7%Socorro 9,263 8,808 455 4.9% 9,307 8,843 464 5.0% 9,454 8,861 593 6.3%Taos 16,682 15,333 1,349 8.1% 16,737 15,412 1,325 7.9% 17,149 15,481 1,668 9.7%Union 1,836 1,759 77 4.2% 1,871 1,794 77 4.1% 1,874 1,765 109 5.8%

PRELIMINARY OCTOBER 2011 REVISED OCTOBER 2010

PRELIMINARY OCTOBER 2011 REVISED SEPTEMBER 2011 REVISED OCTOBER 2010

AREAS RANK RATE AREAS RANK RATE AREAS RANK RATE

LUNA 1 12.4% MORA 1 11.9% MORA 1 15.0%MORA 2 12.0% LUNA 2 11.8% LUNA 2 14.2%GUADALUPE 3 8.7% GUADALUPE 3 9.1% GUADALUPE 3 10.7%TAOS 4 8.1% MCKINLEY 4 8.0% GRANT 4 10.3%MCKINLEY 5 8.0% TAOS 5 7.9% TAOS 5 9.7%COLFAX 6 7.3% COLFAX 6 7.2% CATRON 5 9.7%QUAY 7 7.1% QUAY 7 7.0% MCKINLEY 7 9.5%GRANT 7 7.1% ALBUQUERQUE MSA 8 6.9% FARMINGTON MSA 8 8.9%CATRON 9 7.0% GRANT 9 6.8% ALBUQUERQUE MSA 9 8.8%ALBUQUERQUE MSA 9 7.0% RIO ARRIBA 9 6.8% COLFAX 10 8.5%RIO ARRIBA 11 6.9% SAN MIGUEL 11 6.7% RIO ARRIBA 10 8.5%SAN MIGUEL 12 6.7% FARMINGTON MSA 12 6.5% QUAY 10 8.5%STATEWIDE 6.4% CATRON 13 6.4% SAN MIGUEL 13 8.4%FARMINGTON MSA 13 6.4% STATEWIDE 6.4% STATEWIDE 8.2%LAS CRUCES MSA 14 6.3% LAS CRUCES MSA 14 6.2% CHAVES 14 8.1%CHAVES 15 6.2% CIBOLA 15 6.1% LAS CRUCES MSA 15 7.8%CIBOLA 16 6.0% CHAVES 16 6.0% CIBOLA 16 7.7%OTERO 17 5.9% OTERO 17 5.7% OTERO 16 7.7%SIERRA 18 5.6% SIERRA 18 5.4% HIDALGO 18 7.5%SANTA FE MSA 19 5.4% SANTA FE MSA 18 5.4% SANTA FE MSA 19 6.9%LINCOLN 20 5.1% SOCORRO 20 5.0% LEA 19 6.9%SOCORRO 21 4.9% HIDALGO 21 4.8% SIERRA 21 6.7%HIDALGO 22 4.8% LINCOLN 21 4.8% LINCOLN 22 6.5%HARDING 23 4.7% HARDING 23 4.6% SOCORRO 23 6.3%DE BACA 24 4.6% CURRY 24 4.4% DE BACA 24 5.9%CURRY 25 4.4% ROOSEVELT 25 4.3% UNION 25 5.8%LEA 26 4.3% LEA 25 4.3% EDDY 25 5.8%ROOSEVELT 26 4.3% DE BACA 27 4.2% ROOSEVELT 27 5.6%UNION 28 4.2% UNION 28 4.1% CURRY 28 5.5%EDDY 29 4.1% EDDY 29 3.9% HARDING 29 5.2%LOS ALAMOS 30 3.0% LOS ALAMOS 30 2.9% LOS ALAMOS 30 3.8%

18

Unemployment Rate by State (Seasonally Adjusted)

New Mexico Nonagricultural Wage and Salary Employment

Annual Growth Rates by Industry

NAICS IndustriesConstruction

5% Manufacturing

4%Wholesale Trade

3%

Retail Trade

11%

Trans, Warehousing

& Utilities 3%

Information

2%

Financial Activities

4%

Prof & Bus. Services

11%Education & Health

Services

16%

Leisure &

Hospitality

10%

Mining & Logging

3%

Other

Services

3%

Government

25%

-9.0

-3.5

-2.2

-1.3

-1.1

-0.4

0.6

0.6

1.0

3.0

5.5

5.7

6.9

9.5

Construction

Information

Government

Trans, Warehousing & Utilities

Professional & Business Services

Other Services

Leisure & Hospitality

Total

Manufacturing

Retail Trade

Financial Activities

Education & Health Services

Wholesale Trade

Mining & Logging

State Rank Rate State Rank RateNevada 1 13.4 Nevada 1 14.9California 2 11.7 California 2 12.5District of Columbia 3 11.0 Florida 3 11.8Michigan 4 10.6 Michigan 4 11.6Mississippi 4 10.6 Rhode Island 5 11.5South Carolina 6 10.5 South Carolina 6 10.9North Carolina 7 10.4 Oregon 7 10.6Rhode Island 7 10.4 Georgia 8 10.3Florida 9 10.3 Kentucky 9 10.2Georgia 10 10.2 Mississippi 9 10.2Illinois 11 10.1 North Carolina 11 9.9Kentucky 12 9.6 Arizona 12 9.8Tennessee 12 9.6 District of Columbia 13 9.7Oregon 14 9.5 Indiana 13 9.7Alabama 15 9.3 Ohio 13 9.7New Jersey 16 9.1 United States 9.7Arizona 17 9.0 Idaho 16 9.6Indiana 17 9.0 Illinois 16 9.6Ohio 17 9.0 Missouri 16 9.6United States 9.0 West Virginia 19 9.5Washington 17 9.0 Tennessee 20 9.4Idaho 21 8.8 Washington 20 9.4Connecticut 22 8.7 New Jersey 22 9.2Missouri 23 8.5 Alabama 23 9.1Texas 24 8.4 Connecticut 23 9.1Arkansas 25 8.2 Colorado 25 8.9West Virginia 25 8.2 New Mexico 26 8.6Colorado 27 8.1 Pennsylvania 27 8.5Pennsylvania 27 8.1 Delaware 28 8.4Delaware 29 7.9 Massachusetts 29 8.3New York 29 7.9 New York 29 8.3Wisconsin 31 7.7 Texas 31 8.2Montana 32 7.6 Alaska 32 7.9Alaska 33 7.4 Arkansas 32 7.9Maine 34 7.3 Louisiana 34 7.7Massachusetts 34 7.3 Wisconsin 34 7.7Maryland 36 7.2 Maine 36 7.6Louisiana 37 7.0 Utah 36 7.6Utah 37 7.0 Maryland 38 7.4Kansas 39 6.7 Montana 38 7.4New Mexico 40 6.6 Minnesota 40 7.0Hawaii 41 6.5 Kansas 41 6.9Minnesota 42 6.4 Oklahoma 41 6.9Virginia 42 6.4 Virginia 43 6.7Oklahoma 44 6.1 Wyoming 44 6.6Iowa 45 6.0 Hawaii 45 6.5Wyoming 46 5.7 Iowa 46 6.2Vermont 47 5.6 Vermont 47 5.9New Hampshire 48 5.3 New Hampshire 48 5.7South Dakota 49 4.5 South Dakota 49 4.6Nebraska 50 4.2 Nebraska 50 4.4North Dakota 51 3.5 North Dakota 51 3.9Source: U.S. Department of Labor, Bureau of Labor Statistics

October 2011 October 2010

19

Nonagricultural Wage and Salary EmploymentPreliminary Revised Revised Change

Oct-11 Sep-11 Oct-10 Monthly YearlyTOTAL NONAGRICULTURAL EMPLOYMENT 811,800 809,700 806,800 2,100 5,000

GOODS PRODUCING 91,800 90,500 93,800 1,300 -2,000SERVICE PROVIDING 720,000 719,200 713,000 800 7,000

MINING & LOGGING 20,700 20,400 18,900 300 1,800

CONSTRUCTION 41,400 40,400 45,500 1,000 -4,100

MANUFACTURING 29,700 29,700 29,400 0 300

WHOLESALE TRADE 23,300 23,500 21,800 -200 1,500

RETAIL TRADE 93,200 93,600 90,500 -400 2,700

TRANSPORTATION, WAREHOUSING & UTILITIES 22,000 21,900 22,300 100 -300

INFORMATION 13,800 14,000 14,300 -200 -500

FINANCIAL ACTIVITIES 34,600 34,400 32,800 200 1,800

PROFESSIONAL & BUSINESS SERVICES 93,200 93,200 94,200 0 -1,000

EDUCATIONAL & HEALTH SERVICES 128,100 127,400 121,200 700 6,900

LEISURE & HOSPITALITY 84,400 85,400 83,900 -1,000 500

OTHER SERVICES 28,100 28,400 28,200 -300 -100

GOVERNMENT 199,300 197,400 203,800 1,900 -4,500Federal Government 32,700 33,300 33,200 -600 -500State Government 59,900 59,200 62,800 700 -2,900

State Government Education 26,100 24,900 29,400 1,200 -3,300Local Government 106,700 104,900 107,800 1,800 -1,100

Local Government Education 57,500 55,900 58,600 1,600 -1,100

NEW MEXICO

Preliminary Revised Revised ChangeOct-11 Sep-11 Oct-10 Monthly Yearly

TOTAL NONAGRICULTURAL EMPLOYMENT 370,500 370,600 372,000 -100 -1,500

GOODS PRODUCING 36,400 36,600 38,900 -200 -2,500SERVICE PROVIDING 334,100 334,000 333,100 100 1,000

MINING, LOGGING & CONSTRUCTION 18,900 19,100 21,500 -200 -2,600

MANUFACTURING 17,500 17,500 17,400 0 100

WHOLESALE TRADE 12,400 12,400 12,400 0 0

RETAIL TRADE 40,700 41,000 41,000 -300 -300

TRANSPORTATION, WAREHOUSING & UTILITIES 9,200 9,200 9,400 0 -200

INFORMATION 8,100 8,100 8,200 0 -100

FINANCIAL ACTIVITIES 17,300 17,300 17,700 0 -400

PROFESSIONAL & BUSINESS SERVICES 55,800 56,000 55,900 -200 -100

EDUCATIONAL AND HEALTH SERVICES 56,200 56,200 54,800 0 1,400

LEISURE AND HOSPITALITY 39,000 39,200 37,600 -200 1,400

OTHER SERVICES 11,800 11,700 11,700 100 100

GOVERNMENT 83,600 82,900 84,400 700 -800Federal Government 15,400 15,600 15,400 -200 0State Government 26,900 26,500 26,900 400 0Local Government 41,300 40,800 42,100 500 -800

ALBUQUERQUE MSA

20

Nonagricultural Wage and Salary Employment

Preliminary Revised Revised ChangeOct-11 Sep-11 Oct-10 Monthly Yearly

TOTAL NONAGRICULTURAL EMPLOYMENT 70,200 69,300 70,200 900 0GOODS PRODUCING 6,300 6,300 6,500 0 -200SERVICE PROVIDING 63,900 63,000 63,700 900 200

MINING, LOGGING & CONSTRUCTION 3,700 3,700 3,700 0 0

MANUFACTURING 2,600 2,600 2,800 0 -200

WHOLESALE TRADE 1,300 1,300 1,200 0 100

RETAIL TRADE 7,200 7,100 7,000 100 200

TRANSPORTATION, WAREHOUSING & UTILITIES 1,700 1,700 1,700 0 0

INFORMATION 900 800 900 100 0

FINANCIAL ACTIVITIES 2,400 2,400 2,300 0 100

PROFESSIONAL & BUSINESS SERVICES 7,700 7,700 7,600 0 100

EDUCATIONAL & HEALTH SERVICES 12,200 12,100 11,800 100 400

LEISURE & HOSPITALITY 7,200 7,200 7,100 0 100

OTHER SERVICES 1,600 1,600 1,600 0 0

GOVERNMENT 21,700 21,100 22,500 600 -800 Federal 3,900 3,900 4,100 0 -200 State 9,100 8,600 9,400 500 -300 Local 8,700 8,600 9,000 100 -300

Preliminary Revised Revised ChangeOct-11 Sep-11 Oct-10 Monthly Yearly

TOTAL NONAGRICULTURAL EMPLOYMENT 61,200 60,900 60,800 300 400GOODS PRODUCING 3,600 3,600 3,900 0 -300SERVICE PROVIDING 57,600 57,300 56,900 300 700

MINING, LOGGING & CONSTRUCTION 2,800 2,800 3,100 0 -300

MANUFACTURING 800 800 800 0 0

WHOLESALE TRADE 1,000 1,000 1,000 0 0

RETAIL TRADE 8,900 8,800 8,500 100 400

TRANSPORTATION, WAREHOUSING & UTILITIES 700 700 700 0 0

INFORMATION 900 900 1,000 0 -100

FINANCIAL ACTIVITIES 2,700 2,600 2,600 100 100

PROFESSIONAL & BUSINESS SERVICES 4,400 4,400 4,300 0 100

EDUCATIONAL & HEALTH SERVICES 10,800 10,700 10,400 100 400

LEISURE & HOSPITALITY 9,200 9,300 8,900 -100 300

OTHER SERVICES 2,800 2,800 2,900 0 -100

GOVERNMENT 16,200 16,100 16,600 100 -400 Federal 1,000 1,000 1,100 0 -100 State 8,100 8,100 8,200 0 -100 Local 7,100 7,000 7,300 100 -200

Preliminary Revised Revised ChangeOct-11 Sep-11 Oct-10 Monthly Yearly

TOTAL NONAGRICULTURAL EMPLOYMENT 49,600 49,300 48,600 300 1,000TOTAL PRIVATE 37,900 37,400 37,100 500 800GOODS PRODUCING 10,700 10,600 10,500 100 200SERVICE PROVIDING 38,900 38,700 38,100 200 800PRIVATE SERVICE PROVIDING 27,200 26,800 26,600 400 600

GOVERNMENT 11,700 11,900 11,500 -200 200 Federal 1,700 1,800 1,800 -100 -100 State 500 500 500 0 0 Local 9,500 9,600 9,200 -100 300

LAS CRUCES MSA

SANTA FE MSA

FARMINGTON MSA

21

Nonagricultural Wage and Salary Employment - Seasonally Adjusted

Average Hours and Earnings (Prepared in cooperation with the U.S. Department of Labor)

U.S. Consumer Price Index

* Total includes the Information sector, which is not seasonally adjusted.

Index Base Year 1982-84 = 100 PERCENT CHANGEOct 11 Sep 11 Oct 10 Month to Month Year to Year

CPI-U 226.4 226.9 218.7 -0.2% 3.5% CPI-W 223.0 223.7 214.6 -0.3% 3.9%

*CPI-U - All Urban Consumers *CPI-W - Urban Wage Earners and Clerical Workers - Source: U.S. Department of Labor, Bureau of Labor Statistics

-3.0

-2.0

-1.0

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0 CPI-U Y ear-to-Y ear Percent Change

AVERAGE WEEKLY EARNINGS AVERAGE WEEKLY HOURS AVERAGE HOURLY EARNINGSNEW MEXICO Oct 11 Sep 11 Oct 10 Oct 11 Sep 11 Oct 10 Oct 11 Sep 11 Oct 10

MANUFACTURING $683.40 $672.78 $640.80 42.5 42.5 40.0 $16.08 $15.83 $16.02

Preliminary Revised MonthlyNEW MEXICO Oct-11 Sep-11 Change

TOTAL NONAGRICULTURAL EMPLOYMENT* 806,000 804,500 1,500MINING & LOGGING 20,400 20,200 200CONSTRUCTION 40,300 39,200 1,100MANUFACTURING 29,300 29,000 300TRADE, TRANSPORTATION & UTILITIES 137,400 138,500 -1,100 Wholesale Trade 23,300 23,400 -100 Retail Trade 92,200 93,500 -1,300 Transportation, Warehousing & Utilities 21,900 21,600 300INFORMATION (Not Seasonally Adjusted) 13,800 14,000 -200FINANCIAL ACTIVITIES 34,600 34,400 200PROFESSIONAL & BUSINESS SERVICES 92,400 92,500 -100EDUCATION & HEALTH SERVICES 127,300 126,900 400LEISURE & HOSPITALITY 84,800 84,700 100OTHER SERVICES 28,400 28,600 -200GOVERNMENT 197,300 196,500 800 Federal Government 33,100 33,500 -400 State Government 58,300 58,300 0 Local Government 105,900 104,700 1,200

ALBUQUERQUE 368,500 368,900 -400 FARMINGTON 49,100 49,000 100 LAS CRUCES 69,000 68,500 500 SANTA FE 61,200 60,700 500

New Mexico Department of Workforce SolutionsEconomic Research & Analysis Bureau (CC6097)P.O. Box 1928Albuquerque, NM 87103________________________Official BusinessPenalty for Private Use, $300

The New Mexico Labor Market Review is a monthly publication from the New Mexico Department of Workforce Solutions, Economic Research & Analysis Bureau.

Major Contributors:Mark Boyd, Bureau ChiefTracy Shaleen, Economist

Joy Forehand, Public Information Officer

Other Contributors:Michelle Doran, Economist

Suzan Reagan, LMI Webmaster