New Mexico unemployment declines slightly in March

New Mexico Business WeeklyThe state unemployment rate for March was 7.2 percent, unchanged from February but down from 7.5 percent in March 2011. New Mexico had a rate of over-the-year job growth of 0.5 percent, an increase of 4,000 jobs, according to the Department of Workforce Solutions. This is the eighth straight month the state has added jobs, after posting losses for 32 of the preceding 33 months. Educational and health services continued to add the most jobs, up 5,800, and mining added 2,300 jobs. Leisure and hospitality also posted gains of 2,200 jobs. Other industries saw declines, including construction, which lost 3,200 jobs, and professional and business services, down by 2,800 jobs. Government registered a net loss of 1,100 jobs, including declines at federal and local levels. Read More News New Mexico

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