hrdws.nm.gov·1 min·For: Owner, GM
New Mexico Unemployment Hits 4.8% in June 2026
New Mexico's seasonally adjusted unemployment rate reached 4.8% in June 2026, slightly down from May but higher than the prior year. Total nonagricultural employment across the state increased by 10,600 jobs year-over-year, driven primarily by private sector growth.
Key Takeaways
- 1New Mexico unemployment dropped to 4.8% in June 2026, up from 4.0% in June 2025.
- 2Total nonfarm employment grew 1.2% year-over-year, adding 10,600 jobs statewide.
- 3Santa Fe registered the lowest MSA unemployment at 4.3%, while Farmington was highest at 5.8%.