Workforce
The Albuquerque metro area is one of America’s fastest growing regions, projected to grow by 9.1 percent vs. 6.3 percent nationally between 2005 and 2010. 2012 Claritas' Estimates for the Albuquerque metro area total 914,190 residents. According to the 2010 Census, the metro area’s population totals 887,077 and is projected to grow at a rate of approximately 1.7 percent annually between 2010 and 2015. The region has a favorable ratio of residents in the key working-age group of 20 to 34 years. Current estimates show that 21.7 percent of the population is in this key age bracket, compared to the national average of 20.4 percent. Albuquerque’s 20 to 34 year old category is also projected to expand by a much greater rate than the national average.
The area is also home to more than 60,000 college students from which to recruit. This is a young and affordable work force. It is also smart. Albuquerque ranks among the top metros in the nation for the percentage of workers with a college degree; 32 percent in Albuquerque and 28 percent of our combined workforce in the metro area have a Bachelors or advanced college degree.
| Albuquerque MSA |
2012 Population |
| Bernalillo County |
680,674 |
| Sandoval County |
138,331 |
| Torrance County |
16,503 |
| Valencia County |
78,682 |
| Total MSA |
914,190 |
Source: Claritas Estimates, 2012
| Labor Statistics |
| Labor Force (March 2012) |
396,612 |
| Unemployment Rate (March 2011) |
7.4% |
| Median Age |
36.4 |
Workforce Development
CNM is New Mexico's largest and most comprehensive community college. After starting out as a vocational school back in 1966, it has grown into a nationally respected and innovative community college with more than 23,000 students. CNM often partners with local business and industry to develop programs and curriculum specific to the needs of employers.
The Central New Mexico Community College Workforce Training Center (WTC) offers customized training services for local employers. The WTC provides high quality and innovative employee training, professional development, continuing education, and skill development. Through collaboration and expertise, the WTC can design programs that will meet a company’s specific needs. Through its customized workshops, courses and training programs, CNM has earned a national reputation as a key industry partner in developing and training New Mexico’s productive workforce.
CNM can assist in a company’s training programs in the following ways:
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Make instructors available on-site to teach CNM coursed or customized training programs defined by the company. These programs can include classroom or on-the-job.
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Lease equipment or use the company’s equipment on or off-site to train employees and potential employees on the use of specialized equipment.
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An off-site pre-employment training program can be created to help identify the most qualified applicants prior to their hire.
UNM-CE’s Customized Training and Consultation Services Program offers businesses a cost-effective, targeted way to enhance employees’ job skills and performance. UNM-CE can customize any course to meet the unique needs of your company or organization. In addition, UNM-CE can assess, design and develop courses, programs, conferences, and workshops based on the curriculum requirements that a company specifies. Their staff of professional training consultants will help you align your training needs with a customized training program, and the expertise provided by over 100 experienced, dedicated, and certified instructors will help you< meet your company’s training and performance goals.
The staff at the DWS Workforce Development Centers are available to help match the needs of employers with the skills of job seekers by offering the following services:
- Recruitment assistance
- On-the-job training program
- Pre-screening assistance
- Internet recruitment
Productivity
New Mexico’s labor force is often cited by various studies as being first in the nation for workforce productivity. A study conducted by Area Development Magazine, ranked the Albuquerque metro area number one for manufacturing productivity in terms of dollars of output per worker.