New Mexico continues to see slow job growth after federal employment cuts, new report says

By Joshua Bowling | Senior Reporter

Good morning, everyone. It’s Tuesday. As part of our ongoing coverage leading up to the Nov. 3 general election, we have a Q&A with both candidates vying to be New Mexico’s state treasurer. We also have a look at the state’s latest employment figures and a dispatch from southern New Mexico, where former U.S. Transportation Secretary Pete Buttigieg campaigned over the weekend for Democratic gubernatorial nominee Deb Haaland and U.S. Rep. Gabe Vasquez (D-N.M.). You’ll find these stories and more below and online at sourcenm.com.

New Mexico continues to see slow job growth after federal employment cuts, new report says

New Mexico continues to see slowed employment growth this year as fields that create new jobs are often offset by ongoing job cuts in the federal workforce and elsewhere, according to a new report on state revenue. Those cuts have led to “a weakened job market in New Mexico,” Taxation and Revenue Department Secretary Stephanie Schardin Clarke said.

Buttigieg rallies for Haaland, Vasquez in Las Cruces

Former U.S. Transportation Secretary Pete Buttigieg visited Las Cruces over the weekend to rally for Deb Haaland, the state's Democratic gubernatorial candidate, and U.S. Rep. Gabe Vasquez, who represents the state's 2nd Congressional District.

New Mexico Racing Commission to seek $8.4M from state budget in upcoming legislative session

The New Mexico Racing Commission, which regulates horse races at non-tribal casinos across the state, plans to propose an $8.4 million budget during the next legislative session, NMRC Chief Financial Officer Amber Trujillo told a panel of state lawmakers last week. Fires and floods in Ruidoso are among the many challenges facing the state's horse racing industry.

New Mexico Election 2026: New Mexico state treasurer

The New Mexico state treasurer plays an increasingly important role in the state’s financial future, as leaders seek to transition the New Mexico economy from one reliant on record oil and gas revenues into one that sustains itself with investment returns. Source NM talks to incumbent Democrat Laura Montoya and her Republican challenger James "Jim" Ellison.

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