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|
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
New Mexico Employment History