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Job Growth Still Slowing in Santa Fe, N.M., Area.
- Article from:
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Knight Ridder/Tribune Business News
- Article date:
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September 30, 2003
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Copyright informationCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Bob Quick, The Santa Fe New Mexican Knight Ridder/Tribune Business News
Sep. 30--It couldn't last forever -- the Santa Fe area's low unemployment rate, that is. Over much of last year it was one of the lowest in the country.
More recently, however, that rate has started to climb -- in July it rose to 3.3 percent, up from 3.1 percent in June and way up from July 2002, when it was 2.7 percent.
At the same time, gross-receipts proceeds received by the city of Santa Fe were flat for September, although those proceeds are up for the first three months of the city's fiscal year.
As could be expected, Santa Fe's economy is not producing jobs like it used to ...
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