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Bureau of labor statistics note.

New mexico unemployment rate. Understanding the severity and trends of unemployment in new mexico is vital to ensuring the overall well being of communities. See how other local areas compare by using our unemployment compare tool. 1 rose less than a quarter of a percentage point to 1232 percent while the national rate dropped four tenths of a point to 106 percent according to the labor.

The current unemployment rate for new mexico is 114 for april 2020. July 17 2020 new mexicos seasonally adjusted unemployment rate was 83 percent in june 2020 down from 91 percent in may and up from 49 percent the previous year. This is higher than the long term average of 673.

The unemployed will see an end. New mexico unemployment rate is at 830 compared to 910 last month and 490 last year. Nm highest unemployment by county.

And insures that every new mexico citizen who needs a job will have one. It excludes people not. August 13 2020 source.

The new mexico department of workforce solutions is a world class market driven workforce delivery system that prepares new mexico job seekers to meet current and emerging needs of new mexico businesses. The national unemployment rate in june was 111 percent down from 133 percent in may and up from 37 percent in june 2019. The states unemployment rate aug.

The unemployment rate in new mexico peaked in april 2020 at 119 and is now 36 percentage points lower. More data series including additional geographic areas are available through the databases tables tab at the top of this page. The unemployment rate reported by the bureau of labor statistics bls is the percent of state residents in the labor force who are unemployedthe labor force is essentially the pool of residents in new mexico who are available to work.

The state unemployment rate was 28 percentage points lower than the national rate for the month. New mexicos unemployment rate was 1214 percent july 18 the most recent week available about half a percentage point higher than the national rate of 116 percent. Data are produced for the united states statewide new mexico the four metropolitan.

According to the bls current population survey cps the unemployment rate for new mexico fell 08 percentage points in june 2020 to 83. And every business who needs an employee will find one with the necessary skills and work readiness to allow new.

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