Report: ABQ job growth at zero


Albuquerque's job growth rate is among the slowest in the nation, and a recent study showed the growth rate has been zero since 2008.

"What we've seen now is that things are slowly starting to come back," said Deirdre Firth with the city's Economic Development Division.
During the recession, Albuquerque was hit hard in the construction sector. At one point, a study ranked the Duke City 99 out of 100 metropolitan areas for adding jobs.
"We've even seen growth month by month over the last 12 months in the manufacturing sector, but we know there is still a ways to go," Firth said.
The governor's office said the state as a whole is making impressive strides, citing a recent study showing New Mexico is expected to see jobs increase more than 2 percent over the next year.
While private sector jobs increase, the state has always depended on government jobs, which are declining. City leaders said the goal is to recruit economic based companies.
"Our focus has to be bringing in that new money into the community so that there is more money for all of us to spread around," Firth said.
This week, Mayor Richard Berry is on the East Coast spreading the word, encouraging businesses to expand into New Mexico.
"We are making sure we do everything we can to sell the city of Albuquerque for those outside," Berry said.

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