Department of Numbers

Albuquerque, New Mexico Unemployment

The BLS reported that the unemployment rate for Albuquerque fell 0.1 percentage points in November 2017 to 5.6%. For the same month, the metro unemployment rate was 0.5 percentage points lower than the New Mexico rate. The unemployment rate in Albuquerque peaked in June 2009 at 8.2% and is now 2.6 percentage points lower. From a post peak low of 5.6% in June 2017, the unemployment rate has now grown by 0.0 percentage points. You can also compare Albuquerque unemployment with unemployment in other cities.

Unemployment Rate November 2017 Month/Month Year/Year
National 4.1% 0.0 -0.5
New Mexico 6.1% 0.0 -0.6
Albuquerque 5.6% -0.1 -0.5
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2017 data as December metro level unemployment data has not yet been released.

Unemployment Rate: Albuquerque, New Mexico, National

Albuquerque, New Mexico monthly unemployment rate chart

Note: Recessions shown in gray.

Albuquerque, New Mexico Unemployed

The number of people unemployed in Albuquerque peaked in June 2010 at 35,074. There are now 10,945 fewer people unemployed in the metropolitan area. From a recent trough of 23,831 in June 2017, the number of unemployed has now grown by 298. Albuquerque employment and jobs data (including jobs lost/gained in Albuquerque, New Mexico) is also available.

Unemployed Persons November 2017 Month/Month Year/Year
Albuquerque 24,129 -276 -1,753

Number of Unemployed Persons

Albuquerque, New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
Albuquerque
Unemployment Rate
Albuquerque
Unemployed
December
2017
4.1%
November
2017
4.1% 6.1% 5.6% 24,129
October
2017
4.1% 6.1% 5.7% 24,405
September
2017
4.2% 6.2% 5.8% 24,633
August
2017
4.4% 6.3% 5.8% 24,807
July
2017
4.3% 6.3% 5.8% 24,683
June
2017
4.3% 6.4% 5.6% 23,831
May
2017
4.3% 6.6% 6.0% 25,556
April
2017
4.4% 6.7% 6.1% 26,285
March
2017
4.5% 6.7% 6.2% 26,427
February
2017
4.7% 6.8% 6.2% 26,500
January
2017
4.8% 6.7% 6.1% 25,982

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.