Dec. 8, 2016
Home / Articles / News / Local News /  1,000 Cuts

1,000 Cuts

Indicators: May 12

May 12, 2010, 12:00 am
2,271   public education jobs were funded in the first quarter of 2010 by federal economic stimulus funds, according to the New Mexico Office of Recovery and Reinvestment.

Last week, Gov. Bill Richardson’s office once again trumpeted the results of the year-old federal stimulus. And once again, selective numbers exaggerated the policy’s positive effect. The state Department of Workforce Solutions tracks employment by occupation, industry and location. Using Workforce figures, the following two charts show that overall employment (excluding agriculture) has fallen dramatically over the past few years. Meanwhile, state and local educational employment has remained flat—climbing slightly, but not fast enough to keep pace with New Mexico’s population growth.

This might seem to support Recovery Office Director and former Gov. Toney Anaya’s contention that the economy would be much worse without the $3.6 billion in stimulus money allocated to New Mexico by Congress and President Barack Obama. Anaya and congressional staff have told SFR another stimulus isn’t likely forthcoming. What is certainly coming, however, is yet another round of education budget cuts—including $7 million to Santa Fe Public Schools. School board members last week approved a drastic measure to close that gap. Three schools will be closed, but no layoffs have been announced—yet. Districts elsewhere in the state have begun to announce layoffs in the hundreds, which will change the upward curve of that blue line below.


comments powered by Disqus

Morning Word: Declining Revenues Could Mean More State Budget Cuts

Morning Word State government officials may have to do some more belt-tightening as economists estimate a $69 million deficit in current fiscal year and $300 million less revenue in 2017. ... More

Dec. 06, 2016 by Peter St. Cyr


* indicates required
Choose your newsletter(s):
November 9, 2016 by Gwyneth Doland  
November 9, 2016 by Steven Hsieh  
November 16, 2016 by Steven Hsieh  
November 9, 2016 by Steven Hsieh  
November 9, 2016 by Elizabeth Miller  

@SFReporter on Instagram