Department of Numbers

New Mexico Unemployment

According to the BLS current population survey (CPS), the unemployment rate for New Mexico fell 0.0 percentage points in October 2016 to 6.7%. The state unemployment rate was 1.8 percentage points higher than the national rate for the month. The unemployment rate in New Mexico peaked in May 2010 at 8.3% and is now 1.6 percentage points lower. From a post peak low of 6.2% in March 2016, the unemployment rate has now grown by 0.5 percentage points. You can also see New Mexico unemployment compared to other states.

Unemployment Rate October 2016 Month/Month Year/Year
National 4.9% -0.1 -0.1
New Mexico 6.7% 0.0 +0.2

Note: All comparisons are made with October data as November state level unemployment data has not yet been released.

Unemployment Rate: New Mexico, National

New Mexico monthly unemployment rate chart from 1990 to October 2016

Note: Recessions shown in gray

New Mexico Unemployed

The number of people unemployed in New Mexico peaked in June 2010 at 77,716. There are now 15,356 fewer people unemployed in the state. From a recent trough of 56,725 in April 2016, the number of unemployed has now grown by 5,635. New Mexico job growth data is also available.

Unemployed Persons October 2016 Month/Month Year/Year
New Mexico 62,360 +155 +2,413

Number of Unemployed Persons

Monthly chart of total unemployed in New Mexico from 1990 to October 2016

New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
New Mexico
Unemployed
November 2016 4.6%
October 2016 4.9% 6.7% 62,360
September 2016 5.0% 6.7% 62,205
August 2016 4.9% 6.6% 61,296
July 2016 4.9% 6.4% 59,304
June 2016 4.9% 6.2% 57,537
May 2016 4.7% 6.2% 56,811
April 2016 5.0% 6.2% 56,725
March 2016 5.0% 6.2% 57,359
February 2016 4.9% 6.4% 58,379
January 2016 4.9% 6.5% 59,150
December 2015 5.0% 6.6% 60,094