Average Annual Covered Wages by County

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AVERAGE ANNUAL COVERED WAGES1, 2, BY MAJOR INDUSTRIAL SECTOR
NAICS Classification System            
Socorro County 2001 2002 2003 2004 2005 2006
Grand Total2 $26,569 $27,703 $28,353 $29,706 $30,040 $32,226
Total Private 23,186 24,106 24,704 25,425 26,012 26,505
  Ag. For. Fish. & Hunting 19,513 20,723 20,187 22,288 23,526 23,471
  Mining * * * * * *
  Utilities * * * * * *
  Construction 23,053 27,499 24,809 24,994 16,815 20,342
  Manufacturing 28,676 27,796 29,405 28,556 32,222 32,955
  Wholesale Trade 20,833 19,301 12,241 17,523 13,355 *
  Retail Trade 17,185 17,883 17,814 18,823 18,591 19,213
  Transportation & Warehousing 22,694 24,022 25,147 23,995 23,860 29,415
  Information 16,573 13,868 15,564 15,353 15,107 18,995
  Finance & Insurance 22,329 24,863 25,463 23,853 23,822 24,119
  Real Estate & Rental & Leasing 12,332 17,684 20,287 16,448 14,891 21,904
  Professional & Technical Services 39,131 39,079 42,179 45,504 48,050 46,819
  Management of Companies & Enterprises * * * * * *
  Administrative & Waste Services 39,521 38,282 * * * *
  Educational Services * * * * * *
  Health Care & Social Assistance 26,162 27,027 29,136 30,699 31,076 32,673
  Arts, Entertainment & Recreation * * * * * *
  Accommodation & Food Services 9,206 10,622 10,464 10,739 10,932 11,271
  Other Services, ex. Public Administration 17,311 17,730 18,387 12,068 16,694 16,008
  Non-Classifiables3 12,036 * * * 0 0
Total Government 31,379 33,136 32,628 34,695 34,873 39,122
  Federal2 40,251 39,608 41,925 45,453 48,282 51,011
  State2 36,460 38,325 38,110 40,055 37,526 39,845
  Local 22,569 24,263 24,720 26,060 28,435 35,353
*    Withheld to avoid disclosing confidential data.  Data that are not disclosed for individual industries are always
     included in the totals. 
1   Average annual covered wages are calculated by dividing total annual wages by average employment for the year. 
     Calculations based on unrounded numbers.  Data are by location of the employer's establishment and represent
     wages covered by New Mexico unemployment insurance (UI) law and related statutes.  For a complete definition
     of covered employment see the attached definition sheet.
2   Data by industry from 2001 forward are not generally comparable with industry data for prior years posted elsewhere
     on this web site.  Prior to 2001, industry categories are based on the Standard Industrial Classification (SIC) system. 
     This system was replaced  with the North American Industry Classification System (NAICS).  The "Grand Total", along
      with the "State Government" and "Federal Government" sectors are the exceptions.  Data for these three categories
     are comparable from 1990 forward.
3   The unclassified category may include data for other industries that were withheld for reasons of confidentiality.
      
Source: New Mexico Dept. of Workforce Solutions, Economic Research and Analysis Bureau,
Quarterly Census of Employment and Wages.
Table prepared by:  Bureau of Business and Economic Research,
University of New Mexico.
Bureau of Business & Economic Research, UNM / bber@unm.edu
Last Revised: 1/23/08