Thursday, September 24, 2009

Unemployment Rates Still Headed Up in NM

New Mexico's unemployment rate rose to 7.5 percent in August, up from a 7 percent rate in July and 4.3 percent in August 2008.

The national unemployment rate in August was 9.7 percent. The state's labor department, the Department of Workforce Solutions, says New Mexico has lost 30,900 jobs over the year.

The agency says the state's job growth is at a 65-year low. The decline in the number of jobs in the state is the worst since January 1944.

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