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KRWG News: Assistant Secretary of Commerce Visits Las Cruces

KRWG News

Uploaded by KRWGnews on Jan 25, 2012. 01.26.12 (LAS CRUCES) — President Barack Obama has laid out his blue print for a stronger economy and now much of his administration is out visiting communities across the country promoting those plans.

Local economic specialists are having a roundtable discussion about the future of New Mexico and the nation.

“It’s important to get out and engage with many of our stake holders and business leaders, community leaders to hear about how the initiatives are moving forward, but most important to listen about for ideas in terms of how we can improve our partnership,” said John Fernandez, United States Assistant Secretary of Commerce for Economic Development.

Fernandez is leading the conversations.

“In 2008, we were hemorrhaging jobs 700,000 jobs lost a month. We’re gained over three million private sector jobs in the last 22 months. So there is certainty progress,” he said.

But for many concerned leaders, the job market isn’t improving fast enough.

“No one feels comfortable with the pace of the growth and that’s why we want to continue pushing forward these kinds of public and private partnerships and critical investment that can rebuild our economy but now take it to where it was, but advance us forward,” he said.

The economy and ways to improve it was the key focus of President Obama’s State of the Union Address. In it, he is encouraging companies to create manufacturing jobs right here at home while removing deductions for shipping jobs overseas.

Assistant Secretary Fernandez says things are turning in the right direction.

“I think it looks good, I have a very unique perch with my job, we know that macro/economy and what they look like, but I get to look out in all parts of America places like Las Cruces here the campus where we see these kind of engagements where the private sector is working with the university, with community colleges, with the private sector to spark innovations,” he said.