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Business Matters: New Mexico still behind on job growth

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BRUCE KRASNOW

Business Matters

Posted: Monday, March 17, 2014 7:00 pm

New Mexico continues to trail the United States in job growth as of Jan. 31, according to data released Monday by the Bureau of Labor Statistics.

In fact, New Mexico tied for last with Kentucky in percent of job growth and is just one of four states where non-farm payrolls contracted or showed negative growth. The others are Kentucky, West Virgina and Virginia. The top growth continues to come from states around New Mexico — Texas, Nevada and North Dakota.

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Welcome to the discussion.

1 comment:

  • Jennifer Bizzarro posted at 4:17 pm on Tue, Mar 18, 2014.

    Jennifer_Bizzarro Posts: 642

    So. We're at the bottom of the list again. This time we're tied with Kentucky; Mississippi does better than New Mexico. How is it that we are surrounded by job growth but NO ONE wants to move their business here? Are we actually sending people out of state? Or do we not court new business at all?

    In just one year, our immediate neighboring states have increased their workforces by: AZ: 56,000/ CO: 63,000/ NV: 39,000/ TX: 322,000/ UT: 57,000. For an election year, those running for reelection will not have to work too hard in those states. In New Mexico, I'll bet people will think twice when they vote, faced with our numbers.

    How can New Mexico be the Land of Enchantment if we are at the top of every bad news list that can be drawn? Madam Governor: you've just struck $27M from the state's budget--spend it on brain power for business development.

    Perhaps our governor should ante up and pay someone who actually knows what they are doing to bring business to this g-dforsaken place and get us into the same geographical space in which we find ourselves. This is not Appalachia and we should not have financials that match that part of the country.

     

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