Department of Numbers

New Mexico Job Growth

There were 854,100 jobs in New Mexico in September 2022 according to the CES survey of employers. The CPS survey of households showed 903,660 employed persons for the month. New Mexico added 2,200 jobs in September 2022 according to the CES survey while the broader CPS employment measure fell by 1,123 (Comparing CES and CPS employment numbers.). Also available is New Mexico job growth compared to other states.

Employment Survey September 2022 Month/Month Year/Year
CES 854,100 +2,200 +32,700
CPS 903,660 -1,123 +19,699

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 863,900. Since then 9,800 jobs have been lost in New Mexico according to the employer survey. From a trough of 757,300 in May 2020, New Mexico has gained 96,800 jobs according to CES employment figures.

CPS employment in New Mexico reached a maximum of 920,861 in December 2019. 17,201 jobs have been lost in New Mexico since then according to the household survey. From a April 2020 low of 815,040, New Mexico has added 88,620 jobs according to the CPS survey.

Employment: CES, CPS

CES and CPS employment chart through September 2022

New Mexico Employment History

Date CES
Employment
CES
Month/Month
CPS
Employment
CPS
Month/Month
September 2022 854,100 2,200 903,660 -1,123
August 2022 851,900 1,100 904,783 -1,853
July 2022 850,800 4,000 906,636 311
June 2022 846,800 800 906,325 2,790
May 2022 846,000 -800 903,535 3,932
April 2022 846,800 1,700 899,603 1,722
March 2022 845,100 2,600 897,881 3,556
February 2022 842,500 6,400 894,325 5,032
January 2022 836,100 2,300 889,293 2,878
December 2021 833,800 1,100 886,415 -72
November 2021 832,700 3,200 886,487 414
October 2021 829,500 8,100 886,073 2,112