What's the minimum wage in New Mexico?
|2013 Minimum Wage||$7.50/hour|
|2013 Tipped Wage||$2.13/hour|
|Current Teen Unemployment Rate*||18.7%|
Previous Teen Unemployment Rates
|Avg. Teen Unemployment Rate, 2012*||18.8%|
|Avg. Teen Unemployment Rate, 2011*||22.9%|
* These rates are for 16-19 year-olds. 2010 and 2011 averages are BLS tabulations of CPS data. Current teen rate is an estimate based on EPI analysis of CPS data, February 2011-January 2012.