New Mexico
Work & Labor Force
Summary of Results.
New Mexico’s progress with Work & Labor Force has been mixed.
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Employment-to-Population Ratio (EPOP)Specific Measure
Percentage of the population age 25‒54 (“prime age adults”) who are employed
(Source: Economic Policy Institute).State RankState vs. US trend48New Mexico State Trend Stable
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Labor Force Participation Rate (LFPR)Specific Measure
Percentage of the population age 25‒54 (“prime age adults”), employed or unemployed and actively looking for work
(Source: Economic Policy Institute).State RankState vs. US trend47New Mexico State Trend Stable
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Long-Term Unemployment RateSpecific Measure
Percentage of the labor force age 25‒54 (“prime age adults”) unemployed for six months or more
(Source: Economic Policy Institute).State RankState vs. US trend36New Mexico State Trend Worsening
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Hourly Earnings GrowthSpecific Measure
Year-over-year growth rate of real average hourly earnings among those working, based on 2023 US dollars, private sector only
(Source: Authors' analysis of Bureau of Labor Statistics data).State RankState vs. US trend50New Mexico State Trend Stable
Measures in green indicate an improving state trend or that this state ranks in the top third of states in the country.
Measures in red indicate a declining state trend or that this state ranks in the bottom third of states in the country.
Measures in yellow indicate stable trends or that this state ranks in the middle third of states in the country.