Department of Numbers

Albuquerque, New Mexico Unemployment

The BLS reported that the unemployment rate for Albuquerque fell 0.6 percentage points in November 2020 to 7.0%. For the same month, the metro unemployment rate was 0.5 percentage points lower than the New Mexico rate. The unemployment rate in Albuquerque peaked in April 2020 at 12.8% and is now 5.8 percentage points lower. You can also compare Albuquerque unemployment with unemployment in other cities.

Unemployment Rate November 2020 Month/Month Year/Year
National 6.7% -0.2 +3.1
New Mexico 7.5% -0.6 +2.7
Albuquerque 7.0% -0.6 +2.5
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2020 data as December 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 22,680 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 November 2020 Month/Month Year/Year
Albuquerque 30,039 -2,594 +10,345

Number of Unemployed Persons

Albuquerque, New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
Albuquerque
Unemployment Rate
Albuquerque
Unemployed
December
2020
6.7%
November
2020
6.7% 7.5% 7.0% 30,039
October
2020
6.9% 8.1% 7.6% 32,633
September
2020
7.8% 9.9% 9.5% 41,811
August
2020
8.4% 11.4% 10.8% 44,811
July
2020
10.2% 12.7% 12.5% 51,472
June
2020
11.1% 8.4% 8.3% 34,729
May
2020
13.3% 9.1% 9.4% 38,648
April
2020
14.8% 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
3.5% 4.8% 4.5% 19,701

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.