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The New Mexico Department of Workforce Solutions reported last month that the state's unemployment rate stood at 3.9%. The unemployment rate didn't change from March through May at 3.8%, data shows.
Initial filings for unemployment benefits in New Mexico rose last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs, increased ...
New Mexico's unemployment rate ranked 32nd-lowest in the country, tied with Arizona and Ohio. Neighboring Texas ranked 35th with a rate of 3.9% and Colorado had a rate of 3.7%, good enough for 31st.
The New Mexico Department of Workforce Solutions is a state government agency in New Mexico. The agency is responsible for economic development, education initiatives, labor relations, unemployment, workforce technology, volunteerism, and workforce development. [1] [2] [3]
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
There are many domestic factors affecting the U.S. labor force and employment levels. These include: economic growth; cyclical and structural factors; demographics; education and training; innovation; labor unions; and industry consolidation [2] In addition to macroeconomic and individual firm-related factors, there are individual-related factors that influence the risk of unemployment.
Jun. 25—ALBUQUERQUE, N.M. — Just one state had an incrementally higher unemployment rate than New Mexico in May, according to new federal data. New Mexico posted a seasonally adjusted ...
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) [2] not being in paid employment or self-employment but currently available for work during the reference period. [3] Unemployment is measured by the unemployment rate, which is the number of people who are ...