N.M. Stat. § 52-1-70
Offset of unemployment compensation benefits.
A. No total disability benefits shall be payable under the Workers' Compensation Act
for any weeks in which the injured worker has received or is receiving unemployment
compensation benefits, except as provided in this section.
B. If a worker is entitled to receive unemployment compensation benefits and would
otherwise be entitled to receive total disability benefits, the unemployment
compensation benefits shall be primary and total disability benefits shall be
supplemental only, and the sum of the two benefits shall not exceed the amount of total
disability benefits that would otherwise be payable.