Department of Numbers

Albuquerque, New Mexico Unemployment

The BLS reported that the unemployment rate for Albuquerque fell 1.0 percentage points in August 2021 to 5.9%. For the same month, the metro unemployment rate was 1.3 percentage points lower than the New Mexico rate. The unemployment rate in Albuquerque peaked in July 2020 at 12.2% and is now 6.3 percentage points lower. You can also compare Albuquerque unemployment with unemployment in other cities.

Unemployment Rate August 2021 Month/Month Year/Year
National 5.2% -0.2 -3.2
New Mexico 7.2% -0.4 -2.1
Albuquerque 5.9% -1.0 -2.8
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with August 2021 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 July 2020 at 53,133. There are now 27,317 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 August 2021 Month/Month Year/Year
Albuquerque 25,816 -4,337 -11,260

Number of Unemployed Persons

Albuquerque, New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
Albuquerque
Unemployment Rate
Albuquerque
Unemployed
September
2021
4.8%
August
2021
5.2% 7.2% 5.9% 25,816
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
6.1% 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
6.3% 8.7% 8.1% 35,392
December
2020
6.7% 8.6% 7.8% 34,005
November
2020
6.7% 8.5% 7.8% 33,977
October
2020
6.9% 8.5% 7.7% 33,618

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.