The number of continuing jobless claims in New Mexico has declined for 10 successive weeks, but that doesn’t necessarily mean the unemployment outlook has improved.
That’s because state residents have begun filing initial claims for Pandemic Emergency Unemployment Assistance, a program for those who have reached the limits of the state’s standard unemployment assistance.
Between Aug. 1 and Sept. 26 — eight consecutive weeks — initial claims for the PEUA program have increased. Over the last…
Source: The Business Journal
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