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NM unemployment holds steady at second-worst

ALBUQUERQUE, N.M. — The state’s February unemployment rate was 5.8 percent, according to the Bureau of Labor Statistics, down slightly from 5.9 percent in January.

Only Alaska had a higher jobless rate at 7.3 percent. The national rate remained steady at 4.1 percent.

New lows were set in California (4.3 percent), Mississippi (4.5 percent) and Wisconsin (2.9 percent). Hawaii had the lowest rate at 2.1 percent.

Total non-agricultural payroll employment in New Mexico grew by 11,000 jobs, or 1.3 percent, since February 2017, according to the New Mexico Department of Workforce Solutions. Most of the state’s job gains were driven by the oil and gas and construction sectors.

 


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