NEW MEXICO (KRQE) – New Mexico’s latest unemployment report is out, and it shows some very modest improvement. The unemployment rate was 4.3% in March, which is a very slight improvement over February’s rate.
But these numbers are still noticeably higher after a look at the bigger picture. At this same time last year, unemployment was down at 3.9%. In the last year, New Mexico’s unemployment rates have closely mirrored the national rate.