Department of Numbers

Albuquerque, New Mexico Unemployment

The BLS reported that the unemployment rate for Albuquerque fell 0.0 percentage points in August 2019 to 4.7%. For the same month, the metro unemployment rate was 0.2 percentage points lower than the New Mexico rate. The unemployment rate in Albuquerque peaked in May 2010 at 8.2% and is now 3.5 percentage points lower. From a post peak low of 4.5% in June 2018, the unemployment rate has now grown by 0.2 percentage points. You can also compare Albuquerque unemployment with unemployment in other cities.

Unemployment Rate August 2019 Month/Month Year/Year
National 3.7% 0.0 -0.1
New Mexico 4.9% 0.0 +0.1
Albuquerque 4.7% 0.0 +0.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with August 2019 data as September 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 June 2010 at 34,981. There are now 14,449 fewer people unemployed in the metropolitan area. From a recent trough of 19,498 in June 2018, the number of unemployed has now grown by 1,034. Albuquerque employment and jobs data (including jobs lost/gained in Albuquerque, New Mexico) is also available.

Unemployed Persons August 2019 Month/Month Year/Year
Albuquerque 20,532 -21 +672

Number of Unemployed Persons

Albuquerque, New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
Albuquerque
Unemployment Rate
Albuquerque
Unemployed
September
2019
3.5% 4.9%
August
2019
3.7% 4.9% 4.7% 20,532
July
2019
3.7% 4.9% 4.7% 20,553
June
2019
3.7% 4.9% 4.7% 20,402
May
2019
3.6% 5.0% 4.7% 20,465
April
2019
3.6% 5.0% 4.7% 20,536
March
2019
3.8% 5.1% 4.8% 20,739
February
2019
3.8% 5.1% 4.8% 21,039
January
2019
4.0% 5.1% 4.8% 20,896
December
2018
3.9% 5.0% 4.7% 20,435
November
2018
3.7% 5.0% 4.7% 20,457
October
2018
3.8% 5.0% 4.7% 20,391

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.