unemployment

New Mexico employers have the 4th biggest hiring struggle in the U.S.

367 Views   According to Wallethub.com, the labor force participation rate is slightly above pre-pandemic levels. Why, then, do some employers still have difficulties filling positions, especially in New Mexico, which ranked 4th in the nation of states where employers are struggling the most in hiring? Scott Brocato talked about this with

Registration open for Bernalillo County virtual job fair

812 Views   ALBUQUERQUE, N.M. (KRQE) – Bernalillo County is hosting a virtual job fair. It’s happening April 24 in the afternoon from 1 p.m. to 4 p.m. The community can explore job opportunities and speak with hiring managers through text, chat, and video-chat. Officials are looking for help with Human

Meow Wolf announces worker layoffs amid budget cuts

306 Views   The company announced it needed to cut expenses by roughly 10% SANTA FE, N.M. — Dozens of workers at Meow Wolf are set to be laid off following a company announcement. A total of 111 employees at exhibitions and within its corporate team will be laid off. Additionally, another 54

Spaceport America faces criticism after Virgin Galactic layoffs

436 Views   To the sound of thundering engines and applause from spectators, Virgin Galactic began launching commercial space flights out of New Mexico’s Spaceport America last June. But just months after its first commercial launch, the company announced a series of layoffs, and said it would pause spaceflights in mid-2024

More jobs in New Mexico than before the pandemic, state experts say

587 Views   NEW MEXICO (KRQE) – There are more jobs in New Mexico than before the pandemic, and unemployment is trending down, according to some of the state’s leading economists. They gave lawmakers a snapshot Monday of how the state is doing economically, and what they’re predicting in the next

Intel to host mega hiring event Friday in Rio Rancho

1,195 Views   ALBUQUERQUE, N.M. – A more than $3 billion expansion is creating hundreds of new jobs. Intel hopes to fill as many positions as possible this week at the Rio Rancho Events Center. “If we hire over 100 people, I will be very happy,” said Lanette Jaramillo, an Intel

Data: New Mexico has highest job numbers in state history

1,072 Views   ALBUQUERQUE, N.M. – The Department of Workforce Solutions announced New Mexico has the highest job numbers in its history. KOB 4 spoke with an official from the state Economic Development Department who says there’s been several efforts all working together to create this job growth.

Workforce participation down in New Mexico

543 Views   ALBUQUERQUE, N.M. — A chart recently released by the U.S. Bureau of Labor Statistics shows that in January 2020, before the pandemic, workforce participation rates were at 55.1%. They are now at 54.8%.

New Mexico’s unemployment rate plummets

671 Views   It’s the lowest rate we’ve seen in 15 years. In January 2022, it was up at nearly 6%. SANTA FE – New Mexico’s economy is bouncing back from the COVID-19 pandemic. As of December 2022, our state’s unemployment rate sits at 3.9%. It’s the lowest rate we’ve seen

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