Spaceport America faces criticism after Virgin Galactic layoffs

69 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

216 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

307 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

246 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

266 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

380 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

Survey: New Mexico ranks low for trying to find a job

342 Views   NEW MEXICO (KRQE) – A new WalletHub survey ranks the best and worst places to find a job in the U.S. New Mexico pops up towards the bottom of the list at 36th place. It also put New Mexico’s job market in 47th place. The survey compared all 50 states across

New Mexico government to host resource fair in Mora

434 Views   MORA COUNTY, N.M. — Gov. Michelle Lujan Grisham announced the New Mexico government will host a resource fair Wednesday afternoon in Mora. The fair is designed to give people easier, in-person/on-site access to state resources. Various state agencies will be on hand to answer questions and give information on

NM unemployment rate hits 14-year low, still the worst in the country

429 Views   Although the unemployment rate dropped to 4.5 % in July. New Mexico still has the worst rate in the country. ALBUQUERQUE, N.M. — New Mexico’s unemployment rate is the lowest it’s been since 2008 and the governor was proud of it. Although the unemployment rate dropped to 4.5 %