Albuquerque’s job diversity has been relatively stable, although it is dependent on the government sector, and the manufacturing sector is comparatively small. Citizens, however, think Albuquerque has made more progress in creating a diverse and broad based economy.

INDICATOR

• 37.1 Employment by Sector

  LOCAL TREND:

Shares of each employment sector have remained relatively the same over a five-year period. Government jobs comprise over 20% of the available employment opportunities in the Albuquerque Metropolitan Statistical Area (MSA). The share of manufacturing jobs in the City in 2007 is approximately 60% of the U.S. economy’s share. Manufacturing jobs are decreasing both locally and nationally. Albuquerque construction jobs have increased the most in the last five year period, gaining 1.1%, almost twice the gain of any other sector. However, the housing industry problems of 2008 will most likely impact this sector. The trade, transportation, and utilities sector decreased the most, .7% from 2003 to 2007.

  NATIONAL/REGIONAL COMPARISON:

The employment trend in Albuquerque, when compared to the U.S. economy as a whole by sectors of the North American Industrial Classification System, is similar. Albuquerque has maintained a larger share of government and professional and business services jobs, but a much smaller share of manufacturing jobs.

  CITIZEN PERCEPTION:

In 2007, Albuquerque citizens considered a diverse and broad based economy important and perceived the City made more progress towards achieving that Desired Community Condition than the indicator data would suggest. Based on survey results, citizens did not seem to have an accurate understanding of Albuquerque’s dependence on government sector jobs and the overall lack of manufacturing jobs.

Opportunity to Improve	LOCAL TREND IS:	Stable
	ALBUQUERQUE, COMPARED TO OTHERS, IS:	Similar
	CITIZEN PERCEPTION COMPARED TO DATA:	Differs

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