Staff Reports
New Mexico’s seasonally adjusted unemployment rate was 4.8% in June, down from 4.9% in May and up from 4% in the previous year. The national unemployment rate in June was 4.2%, down from 4.3% in May and up from 4.1% in June 2025.
In McKinley County, the unemployment rate was 7% in June.
Total nonagricultural payroll employment grew by 10,600 jobs, or 1.2%, between June 2025 and June 2026. The private sector was up 9,300 jobs, or 1.3%, while the public sector was down 1,300 jobs, or 0.7%. Within the private sector, the private service-providing industries were up 7,100 jobs, or 1.2%, while employment in the goods-producing industries was up 2,200 jobs, or 2%. Five of the nine private industries reported gains compared to employment levels in June 2025.
Within the goods-producing industries, mining and construction was up 2,000 jobs, or 2.5%. Within mining and construction, mining was up 1,400 jobs, or 5.6%, while construction was up 600 jobs, or 1.1%. Manufacturing employment was up 200 jobs, or 0.7%. Within manufacturing, durable goods manufacturing was down 200 jobs, or 1.3%, and non-durable manufacturing was up 400 jobs, or 3.3%.
Within the private service-providing industries, private education and health services reported a gain of 3,800 jobs, or 2.5%. Within the industry, most gains were in private educational services, which was up 2,400 jobs, or 11.9%. Health care and social assistance was up 1,400 jobs, or 1.1%. Trade, transportation, and utilities employment was up 3,600 jobs, or 2.5%. Within this industry, retail trade was up 2,600 jobs, or 2.8%; wholesale trade was up 400 jobs, or 1.9%; and transportation, warehousing, and utilities was up 600 jobs, or 2%. Leisure and hospitality was up 3,000 jobs, or 3%.
Professional and business services was down 1,800 jobs, or 1.5%. Miscellaneous other service was down 700 jobs, or 2.4%. Information was down 400 jobs, or 4.3% Financial activities was down 400 jobs, or 1.1%.
Within the public sector, local government was up 2,000 jobs, or 1.9%. Within local government employment, local government excluding education added 1,700 jobs, representing an increase of 3.2%. Local government education was up 300 jobs, or 0.6%. Employment in state government was up 1,400 jobs, or 2.6%. Within state government, the majority of gains were in state government excluding education, which was up 1,100 jobs, or 3.2%. State government education was up 300 jobs, or 1.5%. Federal government was down 2,100 jobs, or 7.2%, from its employment level in June 2025.
Further analysis will be provided in the Labor Market Review scheduled for release on July 28.
