March 2012

Returning Vets and Albuquerque Job Market

Now that some of America's finest are heading back into the country, it is becoming more important than ever to have the job market open up. The Albuquerque job market is growing and as noted numerous times before, it is likely that 2012 will open the doors for new jobs in various new career fields. With the prospect of thousands of Vets, it is even more important that opportunities are available. This is something that the city is working on.

Tax Reform to Help

One way in which these Vets will find opportunities is through two state laws that will help to create additional jobs and will encourage those businesses currently hiring to hire Vets. Governor Susana Martinez signed both initiatives into law this week. Veteran owned businesses will also see a boost when they apply for state contracts. This could open the door for new opportunities for Vets across the board.

Albuquerque Job Market Continues to Lose

 

In the Albuquerque job market, there continues to be signs that businesses are still not improving. Though we have seen significant improvements in some fields and the addition of jobs in some industries seems to be happening, the overall market cannot improve if new jobs are not created at a faster rate than companies are cutting them. Recent news this week indicates the market here is still losing out.

It was announced this week that Sony Pictures Imageworks is closing down its presence in the downtown Albuquerque area by July of this year. The company's lease is set to expire at that time. The facility provides about 60 workers with jobs, plus numerous additional, supportive positions.