Sector Employment:
Prepared by: UNM Bureau of Business and Economic Research
Source: Annual 2014 Quarterly Census of Employment and Wages, New Mexico Department of Workforce Solutions. Numbers reflect only persons covered under unemployment insurance, not all employment is covered under unemployment insurance law. Change y/y calculated from data.

Sector Definition

From the 2012 North American Industry Classification System (NAICS):
NAICS-logo The Real Estate and Rental and Leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks. Excluded from this sector are establishments primarily engaged in renting or leasing equipment with operators. Establishments renting or leasing equipment with operators are classified in various subsectors of NAICS depending on the nature of the services provided (e.g., transportation, construction, agriculture). These activities are excluded from this sector because the client is paying for the expertise and knowledge of the equipment operator, in addition to the rental of the equipment. In many cases, such as the rental of heavy construction equipment, the operator is essential to operate the equipment.
Quarterly Census of Employment and Wages does not count insurance and real estate agents working on commission as those groups are not covered under unemployment insurance.

Average Weekly Wage


Sources: New Mexico Department of Workforce Solutions, Quarterly Census of Employment and Wages program & Local Area Unemployment Statistics program in conjunction with U.S. Bureau of Labor Statistics. Zero's indicate that no covered employment was reported for the time period. *'s indicate supression of data point.
Table prepared by: Bureau of Business and Economic Research, University of New Mexico
Last Revised: 03/17/2016