Governor signs NM unemployment program revision

Published April 3, 2013 11:57pm ET



SANTA FE, N.M. (AP) — A measure to shore up New Mexico’s unemployment compensation program was signed into law on Wednesday by Gov. Susana Martinez.

A new system will be implemented in 2015 for automatically setting the tax rates paid by about 45,000 businesses to finance the state-run program that provides benefits to unemployed workers. Taxes will remain unchanged for employers through next year.

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