Unemployment Rate in New Mexico was 4.00% in January of 2024, according to the United States Federal Reserve. Historically, Unemployment Rate in New Mexico reached a record high of 10.50 in February of 1983 and a record low of 3.40 in August of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Unemployment Rate in New Mexico - last updated from the United States Federal Reserve on March of 2024.