NM continues to bleed jobs

ALBUQUERQUE (KRQE) — New Mexico is the only state in the southwest region to have negative job growth from December of 2011 to December of 2012.
    
The state lost 3,200 jobs during that time.
    
Utah is showing the highest job growth in the region at 2.9 percent.
    
New Mexico is almost a half-percent in the negative.
    
Governor Susana Martinez pinned the bad numbers on a lack of diversity when it comes to the state's economy and too much dependence on federally funded jobs.
    
Martinez says she and state lawmakers have to work together to make it easier for businesses to stay open and for new businesses to move to New Mexico.

“Right now it is challenging,” Martinez said. “We have a high tax rate in our business tax.  We also need to make sure Texas and Colorado and Arizona for example which just reduced their business tax to 4.9 that we're competitive with them."
       
Democrats rolled out their job creation package at the legislature last week.
    
Part of it proposes $97-million in capital spending for "shovel-ready" public works projects.
    
The package also includes bills to support the film, technology, energy, and agriculture industries.
 

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 This material may not be published, broadcast, rewritten or redistributed.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!

No
Like It
 
Don't Like It
 
 
 

Comments

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.