New Mexico jobless rate was 6.8 percent in April

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ALBUQUERQUE, N.M. (AP) - New Mexico’s unemployment rate dropped to 6.8 percent in April, down from 7 percent in March and 6.9 percent a year ago.

The state Workforce Solutions Department said Friday that the state’s economy lost 4,400 jobs over the year.

Over the year, the sector with the largest job gain was financial activities, which added 2,200 jobs since April 2013. Meanwhile, retrial trade remained strong and added 1,400 jobs and mining had 1,300 additional jobs. Education and health services, leisure and hospitality, transportation, warehousing and utilities added 200 jobs each.

Government employment lost 2,800 jobs over the year, mostly at the local and federal levels, while manufacturing lost 2,000 jobs. Construction lost 1,600 jobs, and the professional and business services industry lost 2,100 jobs.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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