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New Mexico unemployment unchanged at 4.9% in July

ALBUQUERQUE – New Mexico’s unemployment rate in July remained at 4.9%.

Seasonally adjusted figures released Friday show the jobless rate was unchanged from a month earlier but up from 4.8% a year earlier.

Excluding agriculture, employment grew by 21,700 jobs from July 2018, with gains coming from the public and private sectors.

The leisure and hospitality sector saw the largest year-over-year job gains, followed by mining and construction.

The trade, transportation and utilities sector saw a loss of 2,100 jobs, driven by lower employment in retail.