Department of Numbers

New Mexico Unemployment

According to the BLS current population survey (CPS), the unemployment rate for New Mexico fell 0.1 percentage points in October 2017 to 6.1%. The state unemployment rate was 2.0 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 2.2 percentage points lower. You can also see New Mexico unemployment compared to other states.

Unemployment Rate October 2017 Month/Month Year/Year
National 4.1% -0.1 -0.7
New Mexico 6.1% -0.1 -0.7

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 2017

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 20,589 fewer people unemployed in the state. New Mexico job growth data is also available.

Unemployed Persons October 2017 Month/Month Year/Year
New Mexico 57,127 -525 -5,734

Number of Unemployed Persons

Monthly chart of total unemployed in New Mexico from 1990 to October 2017

New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
New Mexico
Unemployed
November 2017 4.1%
October 2017 4.1% 6.1% 57,127
September 2017 4.2% 6.2% 57,652
August 2017 4.4% 6.3% 58,221
July 2017 4.3% 6.3% 58,876
June 2017 4.4% 6.4% 59,570
May 2017 4.3% 6.6% 61,622
April 2017 4.4% 6.7% 62,744
March 2017 4.5% 6.7% 63,041
February 2017 4.7% 6.8% 63,180
January 2017 4.8% 6.7% 62,756
December 2016 4.7% 6.7% 62,449