Department of Numbers

New Mexico Unemployment

According to the BLS current population survey (CPS), the unemployment rate for New Mexico fell 0.0 percentage points in March 2021 to 8.3%. The state unemployment rate was 2.3 percentage points higher than the national rate for the month. The unemployment rate in New Mexico peaked in July 2020 at 12.5% and is now 4.2 percentage points lower. From a post peak low of 8.3% in February 2021, the unemployment rate has now grown by 0.0 percentage points. You can also see New Mexico unemployment compared to other states.

Unemployment Rate March 2021 Month/Month Year/Year
National 6.0% -0.2 +1.6
New Mexico 8.3% 0.0 +2.9

Note: All comparisons are made with March data as April state level unemployment data has not yet been released.

Unemployment Rate: New Mexico, National

New Mexico monthly unemployment rate chart from 1990 to March 2021

Note: Recessions shown in gray

New Mexico Unemployed

The number of people unemployed in New Mexico peaked in July 2020 at 118,028. There are now 38,976 fewer people unemployed in the state. New Mexico job growth data is also available.

Unemployed Persons March 2021 Month/Month Year/Year
New Mexico 79,052 -636 +26,922

Number of Unemployed Persons

Monthly chart of total unemployed in New Mexico from 1990 to March 2021

New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
New Mexico
Unemployed
April 2021 6.1%
March 2021 6.0% 8.3% 79,052
February 2021 6.2% 8.3% 79,688
January 2021 6.3% 8.7% 83,276
December 2020 6.7% 8.6% 82,423
November 2020 6.7% 8.5% 82,102
October 2020 6.9% 8.5% 82,015
September 2020 7.8% 8.6% 83,091
August 2020 8.4% 9.3% 85,002
July 2020 10.2% 12.5% 118,028
June 2020 11.1% 9.8% 89,553
May 2020 13.3% 10.0% 90,681