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Press Releases

EDD Press Releases

  • For press releases from the New Mexico Film Office, go to nmfilm.com/news
  • To get copies of press releases prior to January 2023, please review our IPRA Procedures for Requesting Inspection at edd.newmexico.gov/ipra

State Job Training Funds to help fill up to 545 New Jobs in New Mexico

July 24, 2023SANTA FE, N.M. – The New Mexico Economic Development Department has just released its job training funding awards – kicking off fiscal year 2024 with a record-breaking plan to fund training up to 545 trainees and 3 interns, Deputy Secretary Jon Clark...

Asian parts manufacturer picks New Mexico for expansion

July 3, 2023SANTA TERESA, N.M. – The New Mexico Economic Development announced Monday that a major Asian auto-parts supplier will be constructing a factory in New Mexico’s Santa Teresa Borderplex and hiring 350 employees.

JTIP assisted 72 New Mexico Businesses in 21 communities in FY 2023

June 27, 2023SANTA FE, N.M. – The New Mexico Economic Development Department (EDD) approved funding to support up to 1,255 jobs through the Job Training Incentive Program (JTIP) for fiscal year 2023 and is now seeing the highest ever average wage for the program, EDD...

New Mexico Assists Homegrown Companies Secure Needed Funding

June 26, 2023SANTA FE, N.M. – Several New Mexican businesses participating in the Collateral Assistance Program (CAP) through the New Mexico Economic Development Department (EDD) have been able to secure needed funding to grow their businesses and create jobs.

13 Diverse Communities Receive Grants to Attract and Grow Businesses

June 22, 2023SANTA FE, N.M. – Economic Development Department Cabinet Secretary Alicia J. Keyes announced today that 13 communities across the state will receive grants for projects designed to promote economic growth. The LEADS, Local Economic Assistance &...

EMPLOYMENT NEWS RELEASE

June 16, 2023New Mexico’s seasonally adjusted unemployment rate was 3.5 percent in May, unchanged from the rate in April and down from 4.1 percent in the previous year. The national unemployment rate in May was 3.7 percent, up from 3.4 percent in April and up from 3.6...

New Mexico sees highest job numbers in history

June 16, 2023New Mexico’s economy delivered exceptionally strong job growth in May and, along with falling unemployment levels, the state is now seeing the highest number of jobs in its history.