Despite experiencing modest gains in recent months, the number of construction jobs in New Mexico is still sitting at 16,000 below its peak level.
The state’s peak came during the boom of 2006, and in June of that year New Mexico had 59,600 construction jobs. In May of this year, the total was 43,600 — down 16,000, or 27 percent. New Mexico did gain 500 construction jobs last month and has been on a steady if modest gain for the year, adding 2,900 construction jobs since January as the housing market slowly continues its recovery in the Albuquerque area and other areas of the state.
The data comes from an analysis of U.S. Labor Department data by the Associated General Contractors of America.
Construction employment increased in a majority of states in May, setting all-time highs in Louisiana (up 2,100) and North Dakota (up 800). AGC officials cautioned that construction demand remains uneven and urged policy makers in Washington, D.C., to expedite stalled public and private projects.