New Mexico Economy at a Glance

New Mexico

Data Series	Oct 2007	Nov 2007	Dec 2007	Jan 2008	Feb 2008	Mar 2008
Labor Force Data
Civilian Labor Force ⁽¹⁾	945.1 ⁽⁵⁾	944.9 ⁽⁵⁾	945.2 ⁽⁵⁾	946.2	946.8	950.1 ^(P)
Employment ⁽¹⁾	913.7 ⁽⁵⁾	913.9 ⁽⁵⁾	914.6 ⁽⁵⁾	916.6	916.3	915.3 ^(P)
Unemployment ⁽¹⁾	31.4 ⁽⁵⁾	31.0 ⁽⁵⁾	30.6 ⁽⁵⁾	29.6	30.5	34.8 ^(P)
Unemployment Rate ⁽²⁾	3.3 ⁽⁵⁾	3.3 ⁽⁵⁾	3.2 ⁽⁵⁾	3.1	3.2	3.7 ^(P)
Nonfarm Wage and Salary Employment
Total Nonfarm ⁽³⁾	845.4	845.8	846.5	843.0	848.2	851.3 ^(P)
12-month % change -- Total Nonfarm	1.2	0.9	0.9	0.7	1.0	1.0 ^(P)
Natural Resources and Mining ⁽³⁾	19.5	19.4	19.5	19.7	19.5	19.4 ^(P)
12-month % change -- NR & Mining	2.6	1.6	1.6	1.5	1.6	0.5 ^(P)
Construction ⁽³⁾	58.8	58.7	58.7	57.6	59.0	59.4 ^(P)
12-month % change -- Construction	-1.0	-1.0	-0.8	-1.0	0.0	0.5 ^(P)
Manufacturing ⁽³⁾	36.7	36.5	36.6	36.0	35.5	35.3 ^(P)
12-month % change -- Manufacturing	-3.2	-3.4	-3.2	-5.3	-6.6	-6.6 ^(P)
Trade, Transportation, and Utilities ⁽³⁾	144.6	144.7	144.8	145.7	146.8	147.1 ^(P)
12-month % change -- TTU	2.0	1.6	1.6	1.5	2.2	1.9 ^(P)
Information (Not Seasonally Adjusted) ⁽⁴⁾	16.2	16.3	16.6	15.1	15.8	16.3 ^(P)
12-month % change -- Information	8.7	2.5	-1.8	4.1	1.9	3.2 ^(P)
Financial Activities ⁽³⁾	35.3	35.3	35.6	35.6	35.4	35.3 ^(P)
12-month % change -- Financial Activities	0.9	0.9	1.7	1.7	0.9	0.0 ^(P)
Professional & Business Services ⁽³⁾	108.0	108.0	107.9	108.0	108.8	109.3 ^(P)
12-month % change -- PBS	0.7	0.5	0.1	0.2	0.4	0.6 ^(P)
Education & Health Services ⁽³⁾	112.0	112.3	112.5	112.5	113.7	114.6 ^(P)
12-month % change -- EHS	2.9	2.7	2.8	2.5	3.2	3.6 ^(P)
Leisure & Hospitality ⁽³⁾	88.2	88.5	88.5	88.6	88.7	89.0 ^(P)
12-month % change -- Leisure & Hospitality	1.0	0.1	1.0	1.0	1.1	1.1 ^(P)
Other Services ⁽³⁾	29.6	29.6	29.4	29.3	29.7	29.8 ^(P)
12-month % change -- Other Services	0.3	0.0	0.3	0.0	0.7	1.0 ^(P)
Government ⁽³⁾	196.5	196.5	196.4	194.9	195.3	195.8 ^(P)
12-month % change -- Government	1.2	1.2	1.0	0.4	0.7	0.6 ^(P)
Mass layoffs
Layoff events, all industries	- ⁽⁶⁾	- ⁽⁶⁾	7	4	- ⁽⁶⁾	5
12-month net change -- Layoff events, all industries			-3			-1
12-month % change -- Layoff events, all industries			-30.0			-16.7
Initial claimants, all industries	- ⁽⁶⁾	- ⁽⁶⁾	702	473	- ⁽⁶⁾	685
12-month net change -- Initial claimants, all industries			-478			137
12-month % change -- Initial claimants, all industries			-40.5			25.0

Footnotes:

^(P) Preliminary
⁽¹⁾ Number of persons, in thousands, seasonally adjusted
⁽²⁾ Percent
⁽³⁾ Number of jobs, in thousands, seasonally adjusted
⁽⁴⁾ Number of jobs, in thousands, not seasonally adjusted (see About the data)
⁽⁵⁾ Reflects revised population controls, seasonal factors, and model reestimation for 2003-07.
⁽⁶⁾ Data do not meet BLS or state agency disclosure standards.

Data extracted on: May 13, 2008

Source: U. S. Bureau of Labor Statistics
Note: More data series, including additional geographic areas, are available through the "Get Detailed Statistics" link at the top of this page

New Mexico includes the following metropolitan areas for which an Economy At A Glance table is available:

Geographically based survey data available from BLS:

Employment & Unemployment

Prices & Living Conditions

Compensation & Working Conditions

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New Mexico includes the following metropolitan areas for which an Economy At A Glance table is available:

Geographically based survey data available from BLS:

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