Department of Numbers

New Mexico Job Growth

There were 801,200 jobs in New Mexico in November 2020 according to the CES survey of employers. The CPS survey of households showed 857,082 employed persons for the month. New Mexico lost 3,300 jobs in November 2020 according to the CES survey while the broader CPS employment measure rose by 6,241 (Comparing CES and CPS employment numbers.). Also available is New Mexico job growth compared to other states.

Employment Survey November 2020 Month/Month Year/Year
CES 801,200 -3,300 -61,300
CPS 857,082 +6,241 -57,386

New Mexico Employment Changes

The charts below shows the monthly job growth for New Mexico as measured by the CES and CPS surveys. To illustrate the trend, the 3 month moving average change in employment is shown in green.

CES Employment Change: 1 Month, Rolling 3 Month

CPS Employment Change: 1 Month, Rolling 3 Month

Total Employment in New Mexico

CES employment peaked in February 2020 for New Mexico at 866,700. Since then 65,500 jobs have been lost in New Mexico according to the employer survey. From a trough of 762,300 in April 2020, New Mexico has gained 38,900 jobs according to CES employment figures.

CPS employment in New Mexico reached a maximum of 915,799 in February 2020. 58,717 jobs have been lost in New Mexico since then according to the household survey. From a August 2020 low of 794,751, New Mexico has added 62,331 jobs according to the CPS survey.

Employment: CES, CPS

CES and CPS employment chart through November 2020

New Mexico Employment History

Date CES
Employment
CES
Month/Month
CPS
Employment
CPS
Month/Month
November 2020 801,200 -3,300 857,082 6,241
October 2020 804,500 2,000 850,841 -8,714
September 2020 802,500 4,400 859,555 64,804
August 2020 798,100 9,600 794,751 -578
July 2020 788,500 -4,300 795,329 -49,051
June 2020 792,800 24,200 844,380 21,888
May 2020 768,600 6,300 822,492 14,688
April 2020 762,300 -99,800 807,804 -99,824
March 2020 862,100 -4,600 907,628 -8,171
February 2020 866,700 500 915,799 369
January 2020 866,200 5,200 915,430 1,236
December 2019 861,000 -1,500 914,194 -274