Thats unchanged from February but up from 5.4% in the previous year. Michelle Lujan Grisham that called off a $600 million contribution in federal aid to the state unemployment insurance trust. ADVERTISEMENTA tax rate may have gone up due to benefit charges that took place in the three years prior to March 1, 2020, Johnston said in an email. The national unemployment rate in March was 6%. New Mexico has paid out more than $3.5 billion to displaced workers over the past year.
A tax rate is very low.
( z0 low :ARG1 ( z1 rate :mod ( z2 tax ) ) :degree ( z3 very ) )
(z0 / low-04
    :ARG1 (z1 / rate
              :mod (z2 / tax-01))
    :degree (z3 / very))
A tax rate is very low .
z1 :mod z2
z0 :degree z3
z0 :ARG1 z1