New Mexico Job Growth

There were 804,000 jobs in New Mexico in December 2011 according to the CES survey of employers. The CPS survey of households showed 877,927 employed persons for the month. New Mexico lost 200 jobs in December 2011 according to the CES survey while the broader CPS employment measure rose by 3,351 (Comparing CES and CPS employment numbers.). Also available is New Mexico job growth compared to other states.

Employment Survey	December 2011	Month/Month	Year/Year
CES	804,000	-200	+7,100
CPS	877,927	+3,351	+4,087

New Mexico Employment Changes

The charts below shows the monthly job growth for New Mexico as measured by the CES and CPS surveys. To illustrate the trend, the 3 month moving average change in employment is shown in green.

CES Employment Change: 1 Month, Rolling 3 Month

CPS Employment Change: 1 Month, Rolling 3 Month

Total Employment in New Mexico

CES employment peaked in February 2008 for New Mexico at 849,600. Since then 45,600 jobs have been lost in New Mexico according to the employer survey. From a trough of 796,900 in December 2010, New Mexico has gained 7,100 jobs according to CES employment figures.

CPS employment in New Mexico reached a maximum of 912,480 in March 2008. 34,553 jobs have been lost in New Mexico since then according to the household survey. From a November 2009 low of 867,343, New Mexico has added 10,584 jobs according to the CPS survey.

Employment: CES, CPS

New Mexico Employment History

Date	CES Employment	CES Month/Month	CPS Employment	CPS Month/Month
December 2011	804,000	-200	877,927	3,351
November 2011	804,200	-1,500	874,576	3,646
October 2011	805,700	1,200	870,930	1,550
September 2011	804,500	-2,600	869,380	991
August 2011	807,100	4,700	868,389	-1,759
July 2011	802,400	-1,800	870,148	-4,177
June 2011	804,200	3,200	874,325	-4,440
May 2011	801,000	-3,600	878,765	1,646
April 2011	804,600	1,900	877,119	3,044
March 2011	802,700	300	874,075	1,310
February 2011	802,400	3,000	872,765	-187
January 2011	799,400	2,500	872,952	-888
December 2010	796,900	-1,100	873,840	408