Department of Numbers

New Mexico Job Growth

There were 784,800 jobs in New Mexico in February 2021 according to the CES survey of employers. The CPS survey of households showed 879,464 employed persons for the month. New Mexico added 7,000 jobs in February 2021 according to the CES survey while the broader CPS employment measure rose by 3,861 (Comparing CES and CPS employment numbers.). Also available is New Mexico job growth compared to other states.

Employment Survey February 2021 Month/Month Year/Year
CES 784,800 +7,000 -77,100
CPS 879,464 +3,861 -33,849

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 78,800 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 27,100 jobs according to CES employment figures.

CPS employment in New Mexico reached a maximum of 917,621 in November 2019. 38,157 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 61,575 jobs according to the CPS survey.

Employment: CES, CPS

CES and CPS employment chart through February 2021

New Mexico Employment History

Date CES
Employment
CES
Month/Month
CPS
Employment
CPS
Month/Month
February 2021 784,800 7,000 879,464 3,861
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
May 2020 757,700 -600 818,702 813
April 2020 758,300 -100,800 817,889 -93,329
March 2020 859,100 -2,800 911,218 -2,095