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New
Mexico's over 2 million residents have the nation's highest
Hispanic population, 46 percent, and the second highest Native American
population. Besides oil and gas and tourism, its economy is largely based on two
federal defense research centers and three large military bases.
The state has the highest number of Ph.D.s. Many of them work at Los Alamos
National Laboratory and Sandia National Laboratories. The nation's largest Indian
Reservation, Navajo Nation, is located in the northwest. Major tourist attractions
include the capital Santa Fe, Albuquerque, Taos and the fabled Roswell, among the
many National Park Service lands.
Recovery from the Great Recession has been sluggish, but the unemployment rate
December 2011 was a low 6.6 percent. New Mexico expects at least 2 percent growth
through 2012. The mining and logging sectors sustained visible growth along with
the financial activities, leisure and hospitality and government sectors.
Manufacturing, professional and business services and education and health services
sectors began recovery turnarounds from periods of substantial job loss.
New Mexico is promoting training programs for middle skills jobs that do not
require four-year degrees. These positions include police officers, fire fighters,
medical technicians and therapists, electricians, air traffic controllers,
machinists, dental hygienists and mechanics.
Additional information can be found regarding New Mexico's economy
and key employers by visiting Wikipedia: New Mexico Economy.
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