New Mexico Unemployment Rises to 4.9% in April as Payrolls Add 400 Jobs
Updated
Updated · KOAT New Mexico · Jun 24
New Mexico Unemployment Rises to 4.9% in April as Payrolls Add 400 Jobs
3 articles · Updated · KOAT New Mexico · Jun 24
Summary
New Mexico's jobless rate climbed to 4.9% in April from 4.8% in March and 4.1% a year earlier, leaving the state above the 4.3% national rate.
Just 400 nonfarm jobs were added over the year—less than 0.1% growth—as private employers gained 2,200 positions while public-sector payrolls fell by 1,800.
Trade, transportation and utilities led hiring with 2,900 new jobs, including 2,700 in retail, while private education and health services added 2,500 and mining and construction gained 700.
Professional and business services lost 1,400 jobs, financial activities shed 1,000, and smaller declines hit information and leisure and hospitality, showing uneven momentum across the state economy.