Mon, 7 December 2015
Last Friday the U.S. Labor Department reported strong job growth nationwide for the third month in a row. Speaking before a Congressional panel last week, Federal Reserve Chair Janet Yellen said she anticipates “continued growth at a moderate pace sufficient to generate additional increases in employment and further reductions in the remaining margins of labor market slack.” The story is different in New Mexico, however. For the year ending in October, New Mexico registered a three-tenths of one-percent growth rate, adding 28-hundred jobs, but the pace of job growth is starting to look better. Alan Dee looked into the job picture in New Mexico, both the current situation and the long-term picture.