New Mexico
New Mexico’s unemployment rate dips slightly in May
New Mexico’s unemployment fee dropped barely in Might, standing at 5.1%, in response to a June 17 report from the New Mexico Division of Workforce Options.
However the state nonetheless leads the nation with the best fee of unemployment of all 50 states, and nonetheless trails the nationwide common of three.6%.
Solely the District of Columbia, which had an unemployment fee of 5.7% in Might, had a better fee of unemployment final month.
For New Mexico, nonetheless, the unemployment fee dropped from 5.3% in April and from 7.2% in Might 2021, in response to the division.
In Bernalillo County, the unemployment fee stood at 3.6% in Might.
New Mexico’s complete non-agricultural payroll employment elevated by 38,600 jobs — a rise of practically 5%.
The most important improve got here from the personal sector, which posted a 12 months over 12 months improve of 5.5% — or about 34,800 jobs. Specifically, the service offering industries had been up about 24,800 jobs and the goods-producing industries had been up about 10,000 jobs, in response to the division.
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