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Friday, May 3, 2024

N.M. jobless rate rises to 6.7 percent in September

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New Mexico’s seasonally adjusted unemployment rate is up for the third straight month.

The Department of Workforce Solutions reports that the September rate was 6.7 percent as non-farm employment dropped by 2,000 jobs from September 2015. The state’s unemployment rate was steady at 6.2 percent in March, April, May and June before rising to 6.4 percent in July and 6.6 percent in August.

Of the 13 industries measured in the state’s economy, six added jobs, six lost jobs and one was unchanged from September 2015. The largest gain was recorded by education and health services, up 6,100 jobs over the year, while mining lost 6,900 jobs.

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