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How is the job market in Santa Fe?

How is the job market in Santa Fe?

Santa Fe has seen the job market increase by 3.1\% over the last year. Future job growth over the next ten years is predicted to be 30.1\%, which is lower than the US average of 33.5\%. – The Sales Tax Rate for Santa Fe is 8.4\%. The US average is 7.3\%.

What is the job outlook in New Mexico?

Employment in New Mexico is projected to grow by 7.7 percent between 2014 and 2024, representing an increase of about 65,830 jobs. growth is expected to average 0.8 percent per year between 2014 and 2024.

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What is the industry in Santa Fe?

The economy in Santa Fe, New Mexico is largely based on tourism and state government. Tourism also significantly contributes to the city’s retail industry. The state of New Mexico is the largest employer in Santa Fe. The nearby Los Alamos National Laboratory is a major employer in the region.

What is the unemployment rate in Santa Fe NM?

Santa Fe, NM

Data Series May 2021 July 2021
Unemployment Rate(2) 7.0 7.2
Nonfarm Wage and Salary Employment
Total Nonfarm(3) 56.8 56.5
12-month \% change 5.8 2.5

What is a good salary in New Mexico?

Average Salary in New Mexico

Annual Salary Monthly Pay
Top Earners $79,571 $6,630
75th Percentile $65,425 $5,452
Average $53,675 $4,472
25th Percentile $43,764 $3,647

What is the maximum unemployment benefit in New Mexico?

$461
Amount and Duration of Unemployment Benefits in New Mexico Unemployment benefits in New Mexico are 53.5\% of your average weekly wage during your highest paid quarter of the base period. Unemployment benefits are subject to a minimum weekly benefit of $86 and a maximum weekly benefit of $461 (in 2020).

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What is the biggest industry in Santa Fe?

What are the major industries in Santa Fe New Mexico?

Tourism, military, and the oil and gas industry are the major industries in New Mexico. They provide most of the jobs and account for a large amount of the government spending in the state.

What’s the cost of living in Santa Fe New Mexico?

Santa Fe cost of living is 115.4

COST OF LIVING Santa Fe New Mexico
Grocery 101 93.3
Health 82.1 82.6
Housing 164.5 83.6
Median Home Cost $470,000 $246,000

What is New Mexico’s biggest industry?

Is New Mexico ending unemployment?

The New Mexico Department of Workforce Solutions announced on Friday that all COVID-19 federal unemployment benefit programs will end on Sept. 4. The New Mexico Department of Workforce Solutions announced on Friday that all COVID-19 federal unemployment benefit programs will end on Sept.