New Mexico job market remains stagnant
Posted at: 03/25/2011 3:49 PM
| Updated at: 03/25/2011 4:50 PM
By: Susan Montoya Bryan, The Associated Press
ALBUQUERQUE, N.M. (AP) - Federal labor statistics show most states have seen positive job growth over the past year, but New Mexico and several others remain on the negative side of the job market curve.
Some New Mexico business leaders say small businesses - from plumbing contractors and car dealerships to real estate companies and architectural firms - have been forced to lay off handfuls of workers and those numbers are adding up.
The president and CEO of the Greater Albuquerque Chamber of Commerce, Terri Cole, likens it to a duck nipping at New Mexico's ankles. She says a little here and a little there adds up.
Business leaders agree the recovery is slow and job growth even slower.
New Mexico reported a loss of 3,500 jobs over the past year as of January.
(Copyright 2011 by The Associated Press. All Rights Reserved.)
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