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Originally Posted by mike0421
It matters. Government jobs don't have nearly the value of small business. This state needs to get healthier in this aspect. Small business is the backbone of economic commerce in this country. I hope in the future New Mexico is a greater source of small businesses.
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Absolutely they are the backbone of our economy. But do you really think that small business jobs aren't being created in this state? They are, it's just that they don't usually get announced or are created without much fanfare. However, quite a few of those thousands of jobs announcements that I mention are among small businesses - local startups, etc. They are solar technology, software companies, etc.
But I guess they don't count due to being public sector-related, since they often are small businesses created by people who formerly worked at places like Sandia, Los Alamos and UNM, or were spun-off from the labs, university, etc.
I don't know why in New Mexico and Albuquerque the great assets and strengths we have are derided and lamented rather than celebrated and appreciated for all that they bring to the state. You don't see that in places like Huntsville, Alabama or Colorado Springs. Instead, you see nothing but praise and admiration for what the public sector has created in those places.
Albuquerque has all these aerospace, engineering, solar and software success stories and yet we still aren't doing good enough here and are constantly told how horrible we are doing, when that couldn't be further from the truth.
Albuquerque's median income has never been higher, it's been growing incredibly lately. We've been among the top 10 metro areas for job growth over the last year. New Mexico has also been among the top 5 in statewide job growth over the last year. Before the pandemic we were similarly among the top three for GDP growth.
Yet people still complain or focus on unemployment rate, which has never been especially low here ever, even in previous boom times, and is affected by more than just job growth. And actually, New Mexico's unemployment rate is below where we were before the pandemic, so what really is there to complain about right now?