Over the year, New Mexico’s total nonagricultural employment increased by 39,900 jobs, or 5.2 percent. All of these gains were in the private sector, which was up 43,000 jobs, or 7.4 percent. The public sector was down 3,100 jobs, or 1.7 percent.
What jobs are in demand in New Mexico?
In-Demand Industries
- Healthcare. Healthcare is a critical, growing industry, both in New Mexico and across the country.
- Information Technology (IT)
- Science, Technology, Engineering, & Mathematics (STEM)
- Construction.
- Education.
What is the job market like in Albuquerque?
Job Market
| Albuquerque, NM | United States | |
|---|---|---|
| Current Unemployment | 7.4% | 6.0% |
| Future Job Growth | 34.5% | 33.5% |
| Recent Job Growth | -5.1% | -6.2% |
| 3 Yr. Job Growth | -3.0% | -3.6% |
What are the most common jobs in New Mexico?
Retail salesperson is the most frequent job in Albuquerque, with 14,640 people in that position in 2014. Food service is the second-most-common job with 9,940 people in 2014, and then customer service with 9,380 people in 2014.
What is the job market like in Mexico?
Mexico’s labour market continues to be marked by key structural challenges, including high levels of informal employment, poor job quality, and insufficiently developed social protection systems. The employment rate of prime-age men (66.6%) is low in comparison with other OECD countries.
What is a living wage in New Mexico?
The City of Santa Fe Living Wage Ordinance was adopted to establish minimum hourly wages. Effective March 1, 2022 all employers are required to pay employees an hourly wage of $12.95 per hour. This includes part-time and temporary employees.
Is it hard to find a job in New Mexico?
The New Mexico Workforce Connection plays host to several job fairs a month. The number of job fairs makes sense given the state’s unemployment rate of 6 percent — almost two percentage points above the national rate of 4.1 percent.
What is the unemployment rate in Albuquerque?
Albuquerque, NM
| Data Series | Jan 2022 | May 2022 |
|---|---|---|
| Unemployment Rate(2) | 5.1 | 3.8 |
| Nonfarm Wage and Salary Employment | ||
| Total Nonfarm(3) | 391.5 | 398.5 |
| 12-month % change | 6.0 | 3.8 |
Is New Mexico an American state?
New Mexico achieved statehood on Jan. 6, 1912, as the 47th state. The federal government is the state’s biggest employer. More than one-third of the land in New Mexico is protected by the federal government, employing people in agencies such as the National Park Service to protect national parks and historic sites.
Is it easy to get a job in Mexico?
Being one of the most-visited countries in the world, it’s easy to find jobs abroad in Mexico in the tourism industry. Its globalized economy also puts English in high demand, so education jobs abound. If you’ve got skills in some other profession, don’t fret—there are countless opportunities in other sectors, as well.
What is New Mexico best known for?
New Mexico is known for:
- Diverse landscape.
- Birthplace of the nuclear bomb.
- Ancient Pueblo People.
- Los Alamos National Laboratory.
- The Roswell Incident.
- White sands.
Is New Mexico mostly desert?
Despite its popular depiction as mostly arid desert, New Mexico has one of the most diverse landscapes of any U.S. state, ranging from wide, auburn-colored deserts and verdant grasslands, to broken mesas and high, snow-capped peaks.
What is Mexico’s minimum wage?
Mexico’s general minimum wage (Salario Minimo) was raised on January 1, 2022 to $172.87 pesos per work day, a 23% rise on the 2021 level of $141.70. The rate for 2022 along the ‘Northern Border Zone’ was raised to $260.34 pesos per work day, a rise of 23% on the 2021 rate of $213.39.
Why is there no work in Mexico?
MEXICO CITY (Reuters) – Twelve million Mexicans have lost their jobs since March as part of the economic fallout from the coronavirus, and the number of people working in the informal sector shot up significantly, official data showed on Tuesday.
Why is Mexico’s employment rate low?
The absence of a public system of unemployment benefits partly accounts for Mexico’s relatively low unemployment rate in comparison with many other OECD countries.
How much money do you need to live comfortably in New Mexico?
The income needed to live comfortably in New Mexico is $42,445. 50% of this is for necessities, 30% is for discretionary spending, and 20% is for savings. According to Living Wage, a single person with no children can live off of $13.97 per hour in Mexico, or $26,880 a year.
What is the largest employer in New Mexico?
Federal Government
LARGEST EMPLOYERS IN NEW MEXICO
| Rank | Organization | Employees |
|---|---|---|
| 1 | Federal Government (see breakdown below) | 21766 |
| 2 | State of New Mexico (see breakdown below) | 18359 |
| 3 | Wal-Mart | 14022 |
| 4 | Sandia National Laboratories | 12206 |
What is middle class income in NM?
The ACS 1-year survey shows that the median family income for New Mexico was $61,826 in 2019. Compared to the median US family income, New Mexico median family income is $19,118 lower. Like the median household income numbers, 2020 family income data will be released in September of 2021.
Is New Mexico a good place to live and work?
A WalletHub study has compared the states on 52 indicators of livability and has determined that New Mexico ranks 50th as 2021’s best states to live in. The states were compared across five factors including affordability, economy, education and health, quality of life, and safety.
What is the unemployment rate in New Mexico right now?
4.90%
New Mexico Unemployment Rate is at 4.90%, compared to 5.10% last month and 7.30% last year.
Does New Mexico get snow?
Seasonal snowfall across New Mexico varies considerably, due largely to our unique topography. The lowest elevations are near 3,000 feet in the far southeast plains (around Jal), while the highest elevations tower above 13,000 feet (Wheeler Peak).