New Mexico’s unemployment rate seems to have stagnated at a post-pandemic 5.3% rate, the highest in the nation. That is a reasonable rate by historical standards, but in a time of extreme inflation it seems to indicate that more New Mexicans than in any other state in the nation are able to continue filing for unemployment benefits even has jobs remain available.
And, of course, as we always remind our readers, unemployment rates are only part of the equation. New Mexico has always had and (this trend has both continued and worsened post-pandemic) to have a far lower workforce participation rate than do our neighbors.
2 Replies to “NM’s unemployment rate highest in nation for 5th month in a row (since December, 2021)”
“Shutdown the Communist (DemocRAT) Party of America” and you “Shutdown the Virus” that is destroying America.