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Unemployment woes continue to hit Albuquerque


Unemployment woes continue to hit Albuquerque


The recent story reported by KOB TV 4 Albuquerque painted a very disturbing picture for New Mexico.  Albuquerque Metro lost 3900 jobs between November 2011 and November 2012. 

As if that wasn’t enough, “United Van Lines published its annual national "migration" study Tuesday, listing New Mexico as one of the top five states for people moving away. It's the only western state on the list that includes New Jersey, Illinois, West Virginia, and New York. United said 58 percent of its New Mexico moves are people moving away from the state. 42 percent are people moving in."


Thinking about buying a home in Albuquerque? You can get information about Homes Available for Sale in Albuquerque, NM click the above link, call or text me at (505) 750-8550

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C. Lloyd McKenzie, MBA

NM Real Estate Broker

Phone: (505)750-8552

Areas Served: Albuquerque Metro/ Algodones/ Bernalillo/ Cedar Crest/ Corrales/ Edgewood/ Los Lunas/ Los Ranchos de Albuquerque/ Placitas/ Rio Rancho/ Sandia Park/ Tijeras

Comment balloon 9 commentsC. Lloyd McKenzie • February 03 2013 11:48PM


C. Lloyd, ouch, hope things start picking up soon, real soon.
Posted by Pete Xavier, Outstanding Agent Referrals-Nationwide (Investments to Luxury) about 6 years ago

Hey C. Lloyd,

Nothing worse than bad news to try to ruin your business outlook.  Metro Atlanta is experiencing employment growth according to recent announcements.  Best of success to you as you continue to focus on your business!

Posted by Jordon Wheeler, J W Group Real Estate Sales and Service (The Jordon Wheeler Group) about 6 years ago

These unemployment levels will continue hurt our economy. These tax increases are not going to help the numbers going forward.

Posted by Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709) about 6 years ago

C Lloyd,

     That is not a good sign for New Mexico but may make the state attractive for retirees; ABQ was listed as a top place to live for retirees

Posted by Yolanda Cordova-Gilbert about 6 years ago

C Lloyd,

 PS I received your e-mail, if you read today's blog you will understand why I did not repsond but plan to tomorrow! Thanks!

Posted by Yolanda Cordova-Gilbert about 6 years ago
C Lloyd-unemployment numbers are leading indicators for real estate activities. Rising unemployment rates usually means softening real estate-people loosing jobs, and probably outward migration.
Posted by Wayne Johnson, San Antonio REALTOR, San Antonio Homes For Sale (Coldwell Banker D'Ann Harper REALTORS®) about 6 years ago

Excellent Comments.  Thank you to all Have a great week!

Posted by C. Lloyd McKenzie, Living Albuquerque about 6 years ago

Thank you Yolanda...I have three days to go and hopefully I will make it in on time

Posted by C. Lloyd McKenzie, Living Albuquerque about 6 years ago

Lloyd I am also in an area where the migration south is happening.  Besides job many mention high taxes as a reason for the trend.

Here is hoping the migration trend in Albuquerque will slow.

Posted by Jennifer Fivelsdal, Mid Hudson Valley real estate connection ( JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571) about 6 years ago