Department of Numbers

New Mexico Job Growth

There were 860,400 jobs in New Mexico in January 2023 according to the CES survey of employers. The CPS survey of households showed 914,226 employed persons for the month. New Mexico added 5,500 jobs in January 2023 according to the CES survey while the broader CPS employment measure rose by 2,019 (Comparing CES and CPS employment numbers.). Also available is New Mexico job growth compared to other states.

Employment Survey January 2023 Month/Month Year/Year
CES 860,400 +5,500 +25,900
CPS 914,226 +2,019 +13,627

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 863,400. Since then 3,000 jobs have been lost in New Mexico according to the employer survey. From a trough of 758,100 in May 2020, New Mexico has gained 102,300 jobs according to CES employment figures.

CPS employment in New Mexico for January 2023 is at a new high of 914,226.

Employment: CES, CPS

CES and CPS employment chart through January 2023

New Mexico Employment History

Date CES
Employment
CES
Month/Month
CPS
Employment
CPS
Month/Month
January 2023 860,400 5,500 914,226 2,019
December 2022 854,900 -600 912,207 1,035
November 2022 855,500 1,000 911,172 1,007
October 2022 854,500 1,100 910,165 518
September 2022 853,400 2,400 909,647 -171
August 2022 851,000 2,100 909,818 -689
July 2022 848,900 6,300 910,507 -501
June 2022 842,600 -3,100 911,008 337
May 2022 845,700 1,000 910,671 1,168
April 2022 844,700 2,500 909,503 2,175
March 2022 842,200 1,500 907,328 2,909
February 2022 840,700 6,200 904,419 3,820