New Mexico Unemployment
According to the BLS current population survey (CPS), the unemployment rate for New Mexico fell 0.1 percentage points in May 2021 to 8.0%. The state unemployment rate was 2.2 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 4.5 percentage points lower. You can also see New Mexico unemployment compared to other states.
| Unemployment Rate | May 2021 | Month/Month | Year/Year |
|---|---|---|---|
| National | 5.8% | -0.3 | -7.5 |
| New Mexico | 8.0% | -0.1 | -2.0 |
Note: All comparisons are made with May data as June state level unemployment data has not yet been released.
Unemployment Rate: New Mexico, National
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 41,981 fewer people unemployed in the state. New Mexico job growth data is also available.
| Unemployed Persons | May 2021 | Month/Month | Year/Year |
|---|---|---|---|
| New Mexico | 76,047 | -1,356 | -14,634 |
Number of Unemployed Persons
New Mexico Unemployment History
| Date | National Unemployment Rate |
New Mexico Unemployment Rate |
New Mexico Unemployed |
|---|---|---|---|
| June 2021 | 5.9% | — | — |
| May 2021 | 5.8% | 8.0% | 76,047 |
| April 2021 | 6.1% | 8.1% | 77,403 |
| March 2021 | 6.0% | 8.3% | 78,992 |
| 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 |
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
