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|
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
New Mexico Employment History