Quay unemployment rate is at 6.1 percent

QCS Staff

Quay County’s unemployment rate was 6.1 percent for December 2013, up from November’s 5.6 percent but down from the 6.5 percent of a year earlier, according to a news release from the New Mexico Department of Workforce Solutions.

The county’s labor force in December 2013 was 3,702, down from 3,728 in November, but up from 3,516 in December 2012. There were 224 persons unemployed in December 2013, 208 in November 2013 and 243 in December 2012, the news release reported.

Statewide, New Mexico’s seasonally adjusted unemployment rate was 6.4 percent in December 2013, unchanged from last month and down from 6.6 percent a year ago, according to the news release.

The news release also reported:

• The state’s rate of over-the-year job growth, comparing December 2013 with December 2012, was 0.4 percent, representing a gain of 3,000 jobs. Seven industries added employment, five industries lost jobs, and one remained unchanged.

• The largest employment gains were reported in the financial activities industry, adding 3,100 jobs since December of 2012. Employment gains in retail trade rose to 1,900 jobs, its highest over-the-year increase since 2008. The leisure and hospitality industry added 1,500 jobs. The mining industry added 1,200 jobs, its largest gain since November 2012. Professional and business services reported a gain of 500 jobs.

• Manufacturing employment declined by 1,300 jobs. The information industry lost 800 jobs. Government employment registered a net loss of 2,800 jobs since last year with most of these losses reported at the local and federal levels.

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