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NM Unemployment Rate at a Record Low

Yesterday, the State of New Mexico's Labor Department released unemployment numbers for January. Unemployment remained at a record low of 3.8 percent.

The 3.8% unemployment rate is the lowest the state has recorded since 1976, and compares favorably to the national unemployment rate of 4.6 percent. Furthermore, New Mexico ranks 13th highest in the nation for job growth.

The Labor Department said the state's rate of job growth stood at 2.4 percent in January, adding 19,500 jobs over the year.


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