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No Worse, No Better

April 28th, 2010 No comments

Unemployment figures for March show some stability but no real improvement.

New Mexico:
A .1% increase in March over February to 8.8% Most of the economists who track this state feel we are at the start of a very slow recovery. Emphasis on s-l-o-w.

Albuquerque/Rio Rancho:
A .4% jump in unemployment from February to March. Far larger than the jump in the state as a whole. Job growth has been negative for the past 18 months.