December 28, 2023Santa Fe, NM – The New Mexico Film Office (NMFO) announced the updated economic impact study results demonstrating the significant economic return on investment (ROI) generated by the New Mexico Film Production Tax Credit.
State Awards Job Training Funds to 14 Companies in November and December
December 15, 2023SANTA FE, N.M. – Fourteen New Mexico companies have been approved for funding through the New Mexico Economic Development Department’s Job Training Incentive Program (JTIP) for November and December of 2023, Acting Cabinet Secretary Jon Clark...
State Economic Development Offers Close to $500,000 to 6 Companies in Job Training Funds
October 30, 2023SANTA FE, N.M. – The New Mexico Economic Development Department (EDD) approved a new round of JTIP awards at the JTIP October 2023 board meeting, Deputy Cabinet Secretary Director Jon Clark announced today.
Innovation and Growth in New Mexico: Intel’s Engineering Hiring Event on August 26
August 22, 2023Rio Rancho, N.M. – Intel New Mexico, in collaboration with the New Mexico Department of Workforce Solutions and the New Mexico Economic Development Department, is set to host an Engineering Hiring Event, offering an array of growth opportunities for...
Gov. Lujan Grisham celebrates billion-dollar manufacturing investment announcement
August 11, 2023ALBUQUERQUE, N.M. – Gov. Michelle Lujan Grisham, along with Maxeon Solar Technologies CEO Bill Mulligan and other elected officials, today celebrated a billion-dollar investment by the company.
Gov. Michelle Lujan Grisham announces a billion-dollar solar manufacturing project in New Mexico
August 10, 2023ALBUQUERQUE, N.M. – Governor Michelle Lujan Grisham announced Thursday that Maxeon Solar Technologies will open a more than $1 billion-dollar solar cell and panel manufacturing center in Mesa del Sol.
Film and television industry sets record- breaking wages for New Mexicans
July 18, 2023Santa Fe, NM – Gov. Michelle Lujan Grisham announced today that film, television, and digital media production spending in New Mexico surpassed $2.2 billion over the past three fiscal years and that industry wages are now at a record high.
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...
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.