Department of Numbers

New Mexico Job Growth

There were 797,800 jobs in New Mexico in May 2021 according to the CES survey of employers. The CPS survey of households showed 877,299 employed persons for the month. New Mexico added 8,600 jobs in May 2021 according to the CES survey while the broader CPS employment measure rose by 256 (Comparing CES and CPS employment numbers.). Also available is New Mexico job growth compared to other states.

Employment Survey May 2021 Month/Month Year/Year
CES 797,800 +8,600 +40,100
CPS 877,299 +256 +58,597

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 January 2020 for New Mexico at 863,600. Since then 65,800 jobs have been lost in New Mexico according to the employer survey. From a trough of 757,700 in May 2020, New Mexico has gained 40,100 jobs according to CES employment figures.

CPS employment in New Mexico reached a maximum of 917,621 in November 2019. 40,322 jobs have been lost in New Mexico since then according to the household survey. From a April 2020 low of 817,889, New Mexico has added 59,410 jobs according to the CPS survey.

Employment: CES, CPS

CES and CPS employment chart through May 2021

New Mexico Employment History

Date CES
Employment
CES
Month/Month
CPS
Employment
CPS
Month/Month
May 2021 797,800 8,600 877,299 256
April 2021 789,200 -2,700 877,043 -593
March 2021 791,900 8,300 877,636 -1,792
February 2021 783,600 5,800 879,428 3,825
January 2021 777,800 -600 875,603 -2,087
December 2020 778,400 -7,200 877,690 -516
November 2020 785,600 -1,900 878,206 -488
October 2020 787,500 800 878,694 1,098
September 2020 786,700 7,800 877,596 48,711
August 2020 778,900 -300 828,885 3,714
July 2020 779,200 5,100 825,171 3,878
June 2020 774,100 16,400 821,293 2,591