NEW MEXICO'S ECONOMY IS SLOWLY STARTING TO ADD JOBS AGAIN…GOOD NEWS FOR THE YOUNG PEOPLE WHO GRADUATED FROM THE UNIVERSITY OF NEW MEXICO OVER THE WEEKEND. UNM ECONOMIST JEFF MITCHELL TELLS 770 KKOB THE STATE IS EVEN STARTING TO SEE IMPROVEMENT IN SOME SECTORS OF THE ECONOMY THAT HAVE STRUGGLED RECENTLY, AND MITCHELL SAYS A COLLEGE DEGREE STILL MAKES A DIFFERENCE.
NEW MEXICO'S JOB GROWTH IS EXPECTED TO IMPROVE TO AROUND ONE PERCENT NEXT YEAR, MITCHELL SAYS THAT'S STILL WELL BELOW WHAT WE SAW BEFORE THE RECESSION, WHEN JOB GROWTH WAS OFTEN TWO PERCENT OR HIGHER.
HE SAYS, NATIONALLY, THE UNEMPLOYMENT RATE FOR COLLEGE GRADUATES IS HALF WHAT IT IS FOR THOSE WITH ONLY A HIGH SCHOOL EDUCATION.
