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The New Mexico Independent going forward

By | 11.16.11

I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…

EIB hears more anti-cap-and-trade testimony

Mesa Verde 80
By | 11.10.11

While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…

New Mexico’s largest university low in popularity

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By | 11.10.11

Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.

New Mexico economy “sort of collapsed” in 2009

By | 12.28.09 | 2:19 pm

The economy in New Mexico fell apart in a way not seen since the 1940s according to a story in the New Mexico Business Weekly. Overall, the state lost 43,000 jobs in 2009; the mining, manufacturing and construction sectors were among the hardest hit.

However, recovery from the state economy’s nadir could be on its way, New Mexico Department of Workforce Solutions economist Mark Boyd told the New Mexico Business Weekly.

“New Mexico may have reached a statistical low point in August from which a slow recovery can be staged,” Boyd’s most recent monthly newsletter on the state’s economy says. “The job losses already recorded will remain with us for a long time. Improvement in the numbers may simply reflect comparisons to the record-low levels reported last year.

“The extent of the losses is such that it will likely be several years until employment reaches pre-recession levels again.”

So the worst may be over — but the new governor will be facing high unemployment rates for the foreseeable future.

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