Coverage: Any business that has at least one employee in each of 20 different weeks in either the current or preceding calendar year or that pays wages of at least $450 in a calendar quarter.
Rates: 0.03% — 5.4% (2009); 2.0% (2009 new employers)
Taxable Wage Limit: $20,900 for 2009 ($19,900 for 2008)
Employee Withholding: None
Administration:
Employment Security Division
401 Broadway NE
P.O. Box 1928
Albuquerque, New Mexico 87103
Telephone: (505) 841-9300