County by county breakdown on state unemployment rate:
Came across this chart on the Workforce Solutions website today. It’s an interesting look at the unemployment rates in New Mexico broken down by county. These are the most recent county numbers of preliminary unemployment rates (not seasonally adjusted) for September:
The national unemployment rate (seasonally adjusted) for September was 9.1 percent, so at 6.4 percent for September, New Mexico is doing pretty well.
The good news from looking at the county numbers is that although Luna and Mora counties have double-digit rates, the numbers for both counties are trending downward. Luna County was at 12.8 percent in August and in September of 2010 the unemployment rate was 14.5 percent. Mora County was at 12.9 percent in August and a full 15.1 percent in September of last year.
US economists consider unemployment rates at 3 percent or less to be “full employment.” That standard, the only county in New Mexico at full employment is Los Alamos County.
If you’d like to see more charts, graphs and information on statewide unemployment, click here.
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