United States Employment Snapshot
In April, among the 50 states and the District of Columbia unemployment fell in 15, rose in 10, and remained unchanged in 26.
The highest unemployment rate was 5.3 percent in California. The lowest unemployment rate was 2 percent in North Dakota and South Dakota. Nationally, the unemployment rate rose by 0.1 percentage point to 3.9 percent.
In April, payroll jobs rose in 39 states and fell in 11. The largest payroll job percent increase was 0.6 percent in Missouri. The largest payroll job percent decline was 0.6 percent in South Dakota.
New Mexico Employment Snapshot
In April, New Mexico lost 700 net payroll jobs and the unemployment rate remained unchanged at 3.8 percent. In the prior month, New Mexico added 1,300 net payroll jobs.
Over the past 12 months, New Mexico added 12,800 net payroll jobs and the unemployment rate rose by 0.2 percentage points from 3.6 percent.
Nationally, nonfarm payrolls rose by 175,000 in April, or 0.1 percent. New Mexico is tied for 27th in the nation for percentage gain in nonfarm payroll employment over the past 12 months.
In April, New Mexico’s private sector lost 1,100 net private payroll jobs, and over the past 12 months it added 5,600 private payroll jobs. In the prior month, New Mexico added 1,200 net private payroll jobs.
In April, employment in New Mexico rose by 1,206, and over the past 12 months it rose by 2,395.
New Mexico’s labor force participation rate remained steady at 57.2 percent in April and is tied for 47th in the nation. In the past 12 months, the labor force participation rate has fallen by 0.1 percentage points.
New Mexico Payroll Employment
New Mexico lost 700 net payroll jobs, or -0.1 percent, on a seasonally adjusted basis during April. In the prior month, New Mexico added 1,300 jobs. New Mexico nonfarm payroll employment has increased in 8 of the past 12 months.
Nationally, nonfarm payrolls rose by 175,000 in April, or 0.1 percent. New Mexico is tied for 27th in the nation for percentage gain in nonfarm payroll employment over the past 12 months.
New Mexico lost 1,100 private sector jobs, or -0.2 percent. on a seasonally adjusted basis during April. In the prior month, New Mexico added 1,200 jobs. New Mexico private sector payroll employment has increased in 7 of the past 12 months.
Nationally, private sector payroll jobs rose by 167,000 jobs in April, or 0.1 percent. New Mexico ranks 38th in the nation for percentage gain in private sector payroll employment over the past 12 months.
The best performing sectors on a seasonally adjusted basis during April were Manufacturing tied with Education and Health Services (500) and Government (400).
The poorest performing sectors during the month were Financial Activities (-600) and Construction (-800).
The best performing sectors during the last 12 months were Government (7,200) and Professional and Business Services (3,600).
The poorest performing sectors during the last 12 months were Mining and Logging (-600) and Information (-1,900).
New Mexico Labor Force
The labor force participation rate is the percentage of the civilian noninstitutionalized population age 16 and older who are employed or actively looking for work.
The labor force participation rate in New Mexico remained unchanged at 57.2 percent in April.
New Mexico is tied for 47th in the nation.
The 10-year high for the labor force participation rate in New Mexico was 58.5 percent occurring in May 2017, and the 10-year low was 54.3 percent in April 2020.
The national labor force participation rate remained steady at 62.7 percent in April.