New Mexico fell below 5 percent unemployment in 2018, as the labor force grew and employment increased.

It’s the first time unemployment has fallen that low since the 2008 recession.

As economic growth began returning to the state, some counties saw higher wages and more hiring than others, which presented a growth opportunity for businesses in the area.

“It’s certainly a vigorous economy right now, and it’s continuing to grow,” said Steve Vierck, president and CEO of the Economic Development Corp. of Lea County, based in Hobbs. “You can see that manifested in the job market.”

Read the full article at Albuquerque Business First.