Brent R. Hickman
Ranking puts NM’s economy near the bottom
New Mexico’s economy is near the bottom of the barrel according to a recent ranking. WalletHub listed New Mexico’s economy as 40th among all states and Washington D.C., as the state ranked dead-last in economic health, largely because of the nation’s highest unemployment rate of 6.7 percent. New Mexico also ranked last in the average educational attainment of recent immigrants. But New Mexico ranked second in the highest percentage of jobs in high-tech industries, only trailing Massachusetts. That high-tech industry jobs category helped New Mexico rank 16th in innovation potential, one of the three main categories averaged together for a final score—alongside economic activity and economic health.