Department of Numbers

New Mexico Unemployment

According to the BLS current population survey (CPS), the unemployment rate for New Mexico rose 0.1 percentage points in July 2014 to 6.6%. The state unemployment rate was 0.4 percentage points higher than the national rate for the month. The unemployment rate in New Mexico peaked in March 2010 at 8.0% and is now 1.4 percentage points lower. From a post peak low of 6.5% in May 2014, the unemployment rate has now grown by 0.1 percentage points. You can also see New Mexico unemployment compared to other states.

Unemployment Rate July 2014 Month/Month Year/Year
National 6.2% +0.1 -1.1
New Mexico 6.6% +0.1 -0.4

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

Unemployment Rate: New Mexico, National

New Mexico monthly unemployment rate chart from 1990 to July 2014

Note: Recessions shown in gray

New Mexico Unemployed

The number of people unemployed in New Mexico peaked in August 2010 at 74,697. There are now 13,868 fewer people unemployed in the state. From a recent trough of 60,461 in June 2014, the number of unemployed has now grown by 368. New Mexico job growth data is also available.

Unemployed Persons July 2014 Month/Month Year/Year
New Mexico 60,829 +368 -3,766

Number of Unemployed Persons

Monthly chart of total unemployed in New Mexico from 1990 to July 2014

New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
New Mexico
Unemployed
August 2014 6.1%
July 2014 6.2% 6.6% 60,829
June 2014 6.1% 6.5% 60,461
May 2014 6.3% 6.5% 60,979
April 2014 6.3% 6.8% 63,267
March 2014 6.7% 7.0% 65,537
February 2014 6.7% 6.7% 62,737
January 2014 6.6% 6.6% 61,584
December 2013 6.7% 6.6% 61,367
November 2013 7.0% 6.7% 62,105
October 2013 7.2% 6.8% 62,904
September 2013 7.2% 6.9% 63,700
August 2013 7.2% 7.0% 64,349