New Mexico’s seasonally adjusted unemployment rate was 3.5 percent in April 2023, unchanged from March and down from 4.3 percent in April 2022. The national unemployment rate in April was 3.4 percent, down from 3.5 percent in March and down from 3.6 percent in April 2022. Total nonagricultural payroll employment grew by 18,200 jobs, or 2.1 percent, between April 2022 and April 2023.
New Mexico’s seasonally adjusted unemployment rate was 3.5 percent in March 2023, down from 3.6% in February and down from 4.6 percent March 2022.