New Mexico Unemployment
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New Mexico Unemployment Insurance
The state of New Mexico, Department of Workforce Solutions is responsible for determining eligibility, distributing benefits per federal regulations, and offering additional support services such as job placement or providing further education. The Unemployment Insurance (UI) program pays benefits to people who are out of work through no fault of their own and meet certain eligibility qualifications. It is an insurance program, not welfare, and employers support this program 100% by making unemployment insurance contributions to state and federal governments.
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Employers who pay contributions or other payments for UI are called “Covered Employers.” The law prohibits employers from deducting money from wages for Unemployment Insurance benefits. Any weekly benefits you collect are considered taxable income and must be claimed on your state and federal tax returns for the year.
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