Albuquerque lost 1,600 jobs in 2008, according to a study by bizjournals, the online media division of American City Business Journals, as reported by The New Mexico Business Weekly.
Albuquerque was actually among the least hard-hit cities in the country. Out of the top 88 cities nationwide, only 16 had fewer job losses than Albuquerque. The 16 cities ahead of Albuquerque all actually added jobs, though nearly all added less than 10,000 jobs. Four of the top five cities in adding jobs, including the top three, were in New Mexico’s neighbor to the east, Texas.
The top 88 cities nationwide lost 1.2 million jobs overall, with New York City leading the way with 120,300 jobs lost. Other cities that lost significant amount of jobs were Detroit with nearly 90,000 jobs lost, Phoenix with nearly 87,000 jobs lost, Los Angeles with nearly 83,000 jobs lost and Atlanta with 82,000 jobs lost.