Albuquerque, New Mexico Job Growth

There were 398,300 jobs in Albuquerque, New Mexico in July 2022 according to the CES survey of employers. The CPS survey of households showed 423,619 employed persons for the month. Albuquerque added 2,300 jobs in July 2022 according to the CES survey while the broader CPS measure of employment rose by 268 (Comparing CES and CPS employment numbers.). You can also compare Albuquerque job growth to job growth in other cities.

Note: The CPS survey data is now seasonally adjusted at the metropolitan level by with the new BLS SSA series.

Albuquerque, New Mexico Employment Changes

The charts below show the monthly job growth for Albuquerque 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 for Albuquerque, New Mexico

CES employment for Albuquerque peaked in January 2020 at 403,000. Since then 4,700 jobs have been lost in Albuquerque according to the employer survey. From a trough of 350,800 in April 2020, Albuquerque has gained 47,500 jobs according to CES employment figures.

CPS employment reached a maximum of 424,679 for Albuquerque in February 2020. 1,060 jobs have been lost in Albuquerque since then according to the household survey. From a May 2020 low of 368,409, Albuquerque has added 55,210 jobs according to the CPS survey.

Employment: CES, CPS

Albuquerque, New Mexico Employment History