Economic forum to focus on jobs

ALBUQUERQUE (KRQE) — For now the fiscal cliff has been averted , but it will still be another two months before it's determined what kind of spending cuts will be made in federal dollars. Those cuts could mean cuts to jobs, many Federal jobs that New Mexicans depend on.

Gov. Susana Martinez along with several chamber of commerce organizations will get a preview of the governor's economic development agenda which will go before lawmakers in Santa Fe. However, looming over Thursday's discussions will be the topic of saving some of New Mexico's jobs which may be affected by cuts in federal dollars.

According to a University of New Mexico study, about 20,000-plus jobs plus could be lost in the form of defense cuts and contractor positions. Economic leaders say this is the time to try and come up with ways to bring more jobs to New Mexico and maybe offset any potential loss that may come at the federal level.

"So we're going to hear from the governor about ways that we can try to attract more companies to locate and grow in New Mexico and by that we'll see greater opportunities for employment," says Paul Roth, chairman of the Greater Albuquerque Chamber of Commerce.

One of the ways they hope to attract more private sector companies to the state is by re-doing the tax structure for businesses in New Mexico. Roth says the state has the second highest tax rate for companies in the western half of the United States.

Copyright 2014 KRQE TV. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Political Pulse

Did you like this article? Vote it up or down! And don't forget to add your comments below!

Like It
Don't Like It


We welcome your thoughtful comments. Be the first to participate in the discussion. All comments will display your username and avatar.


Add a Comment

Sign in or join now to post a comment. All comments will display your username and avatar.


New Mexico (change)

New Mexico is located in the southwestern region of the U.S. Inhabited by Native American populations for many centuries, New Mexico has also been part of Imperial Spain, part of Mexico, and a U.S. territory.
Offices & Officials

Governor: Susana Martinez
Lieutenant Governor: John Sanchez
Attorney General: Gary King
Secretary of State: Dianna J. Durán

Contacting the White House and Congress

Click the links below to get in touch with your elected officials.