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 January 2017 to 6.7%. The state unemployment rate was 1.9 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 6.4% in November 2014, the unemployment rate has now grown by 0.3 percentage points. You can also see New Mexico unemployment compared to other states.

Unemployment Rate January 2017 Month/Month Year/Year
National 4.8% +0.1 -0.1
New Mexico 6.7% 0.0 +0.2

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

Unemployment Rate: New Mexico, National

New Mexico monthly unemployment rate chart from 1990 to January 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 14,960 fewer people unemployed in the state. From a recent trough of 59,109 in December 2014, the number of unemployed has now grown by 3,647. New Mexico job growth data is also available.

Unemployed Persons January 2017 Month/Month Year/Year
New Mexico 62,756 +307 +2,364

Number of Unemployed Persons

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

New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
New Mexico
Unemployed
February 2017 4.7%
January 2017 4.8% 6.7% 62,756
December 2016 4.7% 6.7% 62,449
November 2016 4.6% 6.7% 62,676
October 2016 4.8% 6.8% 62,861
September 2016 4.9% 6.8% 62,997
August 2016 4.9% 6.8% 63,015
July 2016 4.9% 6.8% 62,853
June 2016 4.9% 6.7% 62,474
May 2016 4.7% 6.7% 61,932
April 2016 5.0% 6.6% 61,376
March 2016 5.0% 6.6% 60,924