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This is accomplished by issuing permits to mining companies, inspecting mining operations, reclaiming abandoned mines, and education members of the public about mining. New Mexico heavily benefits from mined natural resources such as oil, copper, coal, petroleum, potash, molybdenum, uranium, gold, silver, and lead. [3]
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Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
Uranium mining in New Mexico was a significant industry from the early 1950s until the early 1980s. Although New Mexico has the second largest identified uranium ore reserves of any state in the United States (after Wyoming ), no uranium ore has been mined in New Mexico since 1998.
Here's a look at how weekly unemployment claims changed in New Mexico last week compared with the week prior.
U.S. unemployment claims remained the same at 208,000 last week on a seasonally adjusted basis. New Hampshire saw the largest percentage increase in weekly claims, with claims jumping by 103.7%.
The relationship between uranium mining and the Navajo people began in 1944 in northeastern Arizona, northwestern New Mexico, and southeastern Utah. In the 1950s, the Navajo Nation was situated directly in the uranium mining belt that experienced a boom in production, and many residents found work in the mines.
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