New Mexico Sees Worst Negative Job Growth Since 1961

Staff Report
The Associated Press

ALBUQUERQUE, N.M. (AP) - New Mexico has had negative job growth of minus 1.4% over the past 12 months, the worst such figure since 1961.

The New Mexico Department of Workforce Solutions says the state has lost 12,200 jobs between February 2008 and the end of last month.

In 1961, the state saw job growth fall to negative 1.7%.

The department says New Mexico's seasonally adjusted unemployment rate rose in February to 5.4%, but it was still below the national rate of 8.1%.

The state saw job increases in two industries: educational and health services and government.

Most new jobs came from the health care sector and from local government jobs, including at tribal casinos.