Department of Numbers

New Mexico Unemployment

According to the BLS current population survey (CPS), the unemployment rate for New Mexico fell 0.2 percentage points in March 2018 to 5.6%. The state unemployment rate was 1.5 percentage points higher than the national rate for the month. The unemployment rate in New Mexico peaked in May 2010 at 8.3% and is now 2.7 percentage points lower. You can also see New Mexico unemployment compared to other states.

Unemployment Rate March 2018 Month/Month Year/Year
National 4.1% 0.0 -0.4
New Mexico 5.6% -0.2 -0.7

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 2018

Note: Recessions shown in gray

New Mexico Unemployed

The number of people unemployed in New Mexico peaked in June 2010 at 77,761. There are now 25,326 fewer people unemployed in the state. New Mexico job growth data is also available.

Unemployed Persons March 2018 Month/Month Year/Year
New Mexico 52,435 -1,474 -6,458

Number of Unemployed Persons

Monthly chart of total unemployed in New Mexico from 1990 to March 2018

New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
New Mexico
Unemployed
April 2018 3.9%
March 2018 4.1% 5.6% 52,435
February 2018 4.1% 5.8% 53,909
January 2018 4.1% 5.9% 54,997
December 2017 4.1% 6.0% 55,772
November 2017 4.1% 6.0% 55,748
October 2017 4.1% 6.0% 55,736
September 2017 4.2% 6.0% 55,842
August 2017 4.4% 6.0% 56,001
July 2017 4.3% 6.1% 56,269
June 2017 4.3% 6.1% 56,684
May 2017 4.3% 6.2% 57,269