Department of Numbers

Albuquerque, New Mexico Unemployment

The BLS reported that the unemployment rate for Albuquerque fell 3.3 percentage points in May 2020 to 9.5%. For the same month, the metro unemployment rate was 0.4 percentage points higher than the New Mexico rate. The unemployment rate in Albuquerque peaked in April 2020 at 12.8% and is now 3.3 percentage points lower. You can also compare Albuquerque unemployment with unemployment in other cities.

Unemployment Rate May 2020 Month/Month Year/Year
National 13.3% -1.4 +9.7
New Mexico 9.1% -2.8 +4.2
Albuquerque 9.5% -3.3 +4.9
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2020 data as June metro level unemployment data has not yet been released.

Unemployment Rate: Albuquerque, New Mexico, National

Albuquerque, New Mexico monthly unemployment rate chart

Note: Recessions shown in gray.

Albuquerque, New Mexico Unemployed

The number of people unemployed in Albuquerque peaked in April 2020 at 52,719. There are now 13,853 fewer people unemployed in the metropolitan area. Albuquerque employment and jobs data (including jobs lost/gained in Albuquerque, New Mexico) is also available.

Unemployed Persons May 2020 Month/Month Year/Year
Albuquerque 38,866 -13,853 +18,669

Number of Unemployed Persons

Albuquerque, New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
Albuquerque
Unemployment Rate
Albuquerque
Unemployed
July
2020
10.2%
June
2020
11.1% 8.3%
May
2020
13.3% 9.1% 9.5% 38,866
April
2020
14.7% 11.9% 12.8% 52,719
March
2020
4.4% 6.3% 5.8% 25,661
February
2020
3.5% 4.8% 4.5% 19,810
January
2020
3.6% 4.8% 4.5% 19,701
December
2019
3.5% 4.8% 4.5% 19,676
November
2019
3.5% 4.8% 4.5% 19,694
October
2019
3.6% 4.8% 4.5% 19,728
September
2019
3.5% 4.8% 4.5% 19,785
August
2019
3.7% 4.8% 4.5% 19,872

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.