Advertisement

New Mexico jobless rate was 6.6 percent in July

Created: 08/18/2014 9:10 AM
By: The Associated Press

ALBUQUERQUE (AP) - New Mexico's unemployment rate rose to 6.6 percent in July, up from 6.5 percent in June as the state's economy lost 3,400 jobs.

The state Department of Workforce Solutions Government says New Mexico lost 6,000 jobs over the month that but gains in leisure and hospitality and in construction partly offset that.

The July 2013 unemployment rate was 7 percent, and the department says the state's economy gained 4,300 nonfarm jobs over the year.

Over the year, education and health services led all sectors with an increase of 5,000 jobs over the year. Other sectors each gaining more than 1,000 jobs over the year included financial activities, mining and retail trade.

Manufacturing lost 2,000 jobs, while professional and business services sector lost 1,500 jobs.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


KOB welcomes a lively and courteous discussion as long as you follow the rules of conduct set forth in our Terms of Use. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Use.

Join Our Email List



Advertisement

Advertisement

Connect with Us

Facebook Twitter Google Plus RSS Text Alerts Email Newsletter Android App iOS App
Advertisement
Advertisement
Advertisement