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United States
Employment snapshot
In June, among the 50 states and the District of Columbia unemployment fell in 30, rose in 7, and remained unchanged in 14.
The highest unemployment rate was 6 percent in District of Columbia, and the lowest was 2 percent in South Dakota. Nationally, the unemployment rate fell by 0.1 percentage point to 4.2 percent.
In June, payroll jobs rose in 34 states and fell in 17. The largest payroll job percent increase was 0.6 percent in Alaska and New Hampshire. The largest payroll job percent decline was 1.2 percent in West Virginia.
New Mexico
Employment snapshot
In June, New Mexico added 1,400 net payroll jobs and the unemployment rate fell by 0.1 percentage point to 4.8 percent. In the prior month, New Mexico lost 800 net payroll jobs.
Over the past 12 months, New Mexico added 5,800 net payroll jobs and the unemployment rate rose by 0.8 percentage points from 4 percent.
Nationally, nonfarm payrolls rose by 57,000 in June, or 0 percent. New Mexico is tied for 16th in the nation for percentage gain in nonfarm payroll employment over the past 12 months.
In June, New Mexico’s private sector added 800 net private payroll jobs, and over the past 12 months it added 4,300 private payroll jobs. In the prior month, New Mexico lost 900 net private payroll jobs.
In June, employment in New Mexico fell by 2,825, and over the past 12 months it fell by 19,397.
New Mexico’s labor force participation rate fell to 56.9 percent in June from 57.1 percent and ranks 49th in the nation. In the past 12 months, the labor force participation rate has fallen by 0.7 percentage points.
New Mexico
Payroll employment
New Mexico added 1,400 net payroll jobs, or 0.2 percent, on a seasonally adjusted basis during June. In the prior month, New Mexico lost 800 jobs. New Mexico nonfarm payroll employment has increased in 6 of the past 12 months.
Nationally, nonfarm payrolls rose by 57,000 in June, or 0 percent. New Mexico is tied for 16th in the nation for percentage gain in nonfarm payroll employment over the past 12 months.
New Mexico added 800 private sector jobs, or 0.1 percent, on a seasonally adjusted basis during June. In the prior month, New Mexico lost 900 jobs. New Mexico private sector payroll employment has increased in 7 of the past 12 months.
Nationally, private sector payroll jobs rose by 49,000 jobs in June, or 0 percent. New Mexico is tied for 23rd in the nation for percentage gain in private sector payroll employment over the past 12 months.
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 fell to 56.9 percent in June from 57.1 percent in the prior month.
New Mexico ranks 49th in the nation.
The 10-year high for the labor force participation rate in New Mexico was 58.3 percent occurring in June 2016, and the 10-year low was 54.1 percent in April 2020.
The national labor force participation rate fell by 0.3 percentage points to 61.5 percent in June.