The US Bureau of Labor Statistics has released state-level unemployment data (Local Area Unemployment Statistics, or LAUS) for the second quarter of 2020. New Mexico’s labor market thus far has been less severely impacted than in most other states and is in better shape than in the US as a whole.
According to the Henry J. Kaiser Family Foundation (http://kff.org/health-reform/state-indicator/total-monthly-medicaid-and-chip-enrollment/#) Medicaid/CHIP enrollment in New Mexico increased by 274,518 persons (60%) between January 1, 2014 and November 2015. Only four states have seen larger increases by percentage (Kentucky, Nevada, Colorado and Oregon). Note that not all of the increase in enrollment are individuals enrolled in Centennial Care; many have enrolled in programs previously available to New Mexicans (e.g. CHIP). In addition to providing health insurance to more than a quarter million New Mexicans, expanded enrollment in Medicaid has had a substantial employment impact in the state. The following is an analysis of the growth of employment in the health care and social assistance sector (NAICS 61) since January 1, 2014. The source of this data is the BLS Quarterly Census of Employment and Wages. Employment Growth in Health Care & Social Assistance, by Owner and Subsector, 2013Q-2015Q2 Since the beginning of… View Full Post