Quick Reads

New Mexico added nearly 40,000 jobs in a year
|
New Mexico’s June unemployment rate remained at 3.5 percent with nearly 40,000 jobs added since last June. The unemployment rate was the same in May and is down from 3.9 percent last June, according to a New Mexico Department of Workforce Solutions report. This is similar to the national unemployment rate of 3.6 percent in June which is lower than the May amount of 3.7 percent and is the same as it was in June 2022. Nonagricultural payroll employment in New Mexico grew by 39,600 jobs between June 2022 and June 2023. Most of the gains were private sector jobs which added 27,600 over between June 2022 and June 2023, the report states. Over the same time period in the state, most of the private sector gains were in private service-producing industries which added 19,900 jobs and goods-producing industries added 7,700 jobs, the report states.