New Mexico Business Journal - Things may be looking up for the retail sector, but it's still a long way from a full recovery. Just six of the 50 states have more retail jobs today than they did at the end of 2006, according to an On Numbers analysis of U.S. Bureau of Labor Statistics. The Business Journals Texas retail sector leads nation in jobs and Florida was among worst states for retail job losses.? The study reflects the devastating impact of the recession that officially began in December 2007. The nation lost 753,800 retail jobs between November 2006 and November 2011, the latest month for which official figures are available.
Retail sector employment in New Mexico has fared better than most states. In Nov. 2006, the state had 94,500 retail jobs and in Nov. 2011 it had 92,600, for a loss of 1,900. The decline still ranks New Mexico 10th-best in the BLS data. In addition, the drop of 2.01 percent is 9th-best among the 50 states and the District of Columbia. Read full story here:
News New MexicoSource: http://newsnewmexico.blogspot.com/2011/12/new-mexico-retail-sector-10th-best.html
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