DEMING - The latest unemployment figures for September 2023 have been released by New Mexico Workforce Solutions, revealing a mixed bag of results across the state.
Luna County reported an unemployment rate of 6.5%, a decrease from the 7.6% recorded last month. However, this figure is on par with the unemployment rate from September 2022, indicating no year-on-year improvement.
In contrast, other areas in the region have reported lower unemployment rates for September. Las Cruces reported a rate of 3.8%, while Grant County and Hidalgo County reported rates of 3.0% and 3.1% respectively.
The county with the lowest unemployment rate for September was Los Alamos County at 2.0%, while Luna County had the highest rate at 6.5%.
On a broader scale, New Mexico’s seasonally adjusted unemployment rate remained steady at 3.7 percent, unchanged from August but slightly up from the 3.5 percent recorded in the previous year.
Nationally, the unemployment rate for September was 3.8 percent, also unchanged from August and up from 3.5 percent in September 2022.
Despite these figures, total nonagricultural payroll employment grew by 15,300 jobs, or 1.8 percent, between September 2022 and September 2023, indicating some positive economic activity in the state.
Luna County reported an unemployment rate of 6.5%, a decrease from the 7.6% recorded last month. However, this figure is on par with the unemployment rate from September 2022, indicating no year-on-year improvement.
In contrast, other areas in the region have reported lower unemployment rates for September. Las Cruces reported a rate of 3.8%, while Grant County and Hidalgo County reported rates of 3.0% and 3.1% respectively.
The county with the lowest unemployment rate for September was Los Alamos County at 2.0%, while Luna County had the highest rate at 6.5%.
On a broader scale, New Mexico’s seasonally adjusted unemployment rate remained steady at 3.7 percent, unchanged from August but slightly up from the 3.5 percent recorded in the previous year.
Nationally, the unemployment rate for September was 3.8 percent, also unchanged from August and up from 3.5 percent in September 2022.
Despite these figures, total nonagricultural payroll employment grew by 15,300 jobs, or 1.8 percent, between September 2022 and September 2023, indicating some positive economic activity in the state.
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