NM Political Report
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New Mexico’s unemployment rate continued to move higher, with the latest numbers showing a rate of 4.4 percent in January.
The New Mexico Department of Workforce Solutions released the January unemployment numbers Monday.
The department said the rate was up from 4.3% in December and up from 3.8% in the previous January.
New Mexico’s unemployment was higher than the national rate of 4% nationwide.
These numbers don’t reflect the bulk of widespread federal layoffs by the Trump administration. New Mexico has a large federal workforce, with 29,400 federal jobs according to NM DWS, 200 fewer than December of 2024 and 500 fewer than January of 2024.
The seasonally adjusted numbers came as total nonagricultural payroll grew by 15,300 jobs, with the private sector providing 12,600 jobs.
The sectors with the most job increases were private education and health services, which gained 4,100 jobs.
State government grew by 1,900 jobs, or 3.4 percent. This included an increase of 500 public education jobs.
Nonprofit journalism like this depends on readers like you. This story is supported by NM Political Report, a nonprofit newsroom project of Citizen Media Group supporting news and politics coverage that inspires readers to participate in local democracy. Become a supporter to keep stories like these free and support nonprofit, independent journalists covering politics and policy f0r New Mexico newsrooms.
