Department of Numbers

Albuquerque, New Mexico Unemployment

The BLS reported that the unemployment rate for Albuquerque fell 0.1 percentage points in November 2021 to 5.5%. For the same month, the metro unemployment rate was 0.7 percentage points lower than the New Mexico rate. The unemployment rate in Albuquerque peaked in July 2020 at 12.2% and is now 6.7 percentage points lower. You can also compare Albuquerque unemployment with unemployment in other cities.

Unemployment Rate November 2021 Month/Month Year/Year
National 4.2% -0.4 -2.5
New Mexico 6.2% -0.3 -2.3
Albuquerque 5.5% -0.1 -2.3
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2021 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 July 2020 at 53,133. There are now 29,118 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 2021 Month/Month Year/Year
Albuquerque 24,015 -698 -9,962

Number of Unemployed Persons

Albuquerque, New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
Albuquerque
Unemployment Rate
Albuquerque
Unemployed
December
2021
3.9%
November
2021
4.2% 6.2% 5.5% 24,015
October
2021
4.6% 6.5% 5.6% 24,713
September
2021
4.7% 6.9% 5.9% 25,748
August
2021
5.2% 7.2% 6.0% 26,183
July
2021
5.4% 7.6% 6.9% 30,153
June
2021
5.9% 7.9% 7.7% 33,237
May
2021
5.8% 7.9% 7.7% 33,614
April
2021
6.0% 8.1% 7.8% 33,763
March
2021
6.0% 8.3% 7.7% 33,349
February
2021
6.2% 8.3% 7.5% 32,647
January
2021
6.4% 8.7% 8.1% 35,392

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.