New Mexico has 30th straight month of over-year job gains

News

ALBUQUERQUE (AP) – State labor officials say New Mexico notched its 30th consecutive month of over-the-year employment growth in February.

That’s when the seasonally adjusted unemployment rate was 6 percent, up from 5.9 percent in January but down from 6.7 percent in February 2014.

Officials said Friday the state’s economy added 15,900 jobs from a year earlier for a 2 percent increase.

February was the first month since May 2006 that no industry posted an over-the-year job loss.

Across the economy, 12 industries added jobs while only one – financial activities – remained unchanged from February 2014.

The industries with the biggest February job gains were education and health services with 4,300 additional jobs and professional and business services with 3,500 additional jobs. Leisure and hospitality added 2,600 jobs.

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