NEW MEXICO UNEMPLOYMENT INSURANCE
New Mexico Unemployment Insurance is an option for unemployed residents who have lost employment through no fault of their own. The State provides compensation in the form of UI set by both Federal and State law.
Evaluation of New Mexico Unemployment Insurance
State benefits are generally offered for a 26 week maximum. It is important to note that when the rate is higher than usual, residents can qualify for an extension. The State will compensate you for 50% percent of the wage amount you've previously earned (in most cases).
in order to maintain their insurance eligibility.
New Mexico Unemployment Insurance Discussion
Requirements for compensation amounts and lengths of benefits depend on the current rate. Full detail on all requirements in regards to receiving compensation can be found on the NM Claims page.
New Mexico Unemployment Insurance Evaluation
Those who have exhausted all original UI is entitled to extended benefits or extension IF the rate is higher than usual.
Under these circumstances, the basic extended benefits program in actually provides up to 13 extra weeks of compensation. As of 2012, New Mexico has implemented a voluntary program to compensate another 7 weeks all the way up to 20 weeks at maximum. See the eligibility for section for detailed information.