Albuquerque, NM (KKOB) — New Mexico’s latest available employment report shows the state unemployment rate at 4.2 percent in November 2025, holding steady compared to the prior month. The labor force was just over 990 thousand people, with about 948 thousand employed statewide. Meanwhile, nonfarm payrolls totaled roughly 904,900 jobs, a slight uptick from October. Job gains were strongest in education and health services, while construction and professional and business services posted small declines. December data has not yet been released due to the 2025 federal funding lapse that temporarily halted reporting.
