Department of Numbers

Farmington, New Mexico Unemployment

The BLS reported that the unemployment rate for Farmington rose 0.1 percentage points in October 2018 to 5.2%. For the same month, the metro unemployment rate was 0.6 percentage points higher than the New Mexico rate. The unemployment rate in Farmington peaked in March 2010 at 9.9% and is now 4.7 percentage points lower. From a post peak low of 4.7% in July 2018, the unemployment rate has now grown by 0.5 percentage points. You can also compare Farmington unemployment with unemployment in other cities.

Unemployment Rate October 2018 Month/Month Year/Year
National 3.7% 0.0 -0.4
New Mexico 4.6% 0.0 -1.4
Farmington 5.2% +0.1 -1.5
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with October 2018 data as November metro level unemployment data has not yet been released.

Unemployment Rate: Farmington, New Mexico, National

Farmington, New Mexico monthly unemployment rate chart

Note: Recessions shown in gray.

Farmington, New Mexico Unemployed

The number of people unemployed in Farmington peaked in April 2010 at 5,449. There are now 2,678 fewer people unemployed in the metropolitan area. From a recent trough of 2,511 in July 2018, the number of unemployed has now grown by 260. Farmington employment and jobs data (including jobs lost/gained in Farmington, New Mexico) is also available.

Unemployed Persons October 2018 Month/Month Year/Year
Farmington 2,771 +65 -765

Number of Unemployed Persons

Farmington, New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
Farmington
Unemployment Rate
Farmington
Unemployed
November
2018
3.7%
October
2018
3.7% 4.6% 5.2% 2,771
September
2018
3.7% 4.6% 5.1% 2,706
August
2018
3.9% 4.6% 4.9% 2,597
July
2018
3.9% 4.7% 4.7% 2,511
June
2018
4.0% 4.9% 4.8% 2,551
May
2018
3.8% 5.1% 4.9% 2,592
April
2018
3.9% 5.4% 5.4% 2,835
March
2018
4.1% 5.6% 5.6% 3,010
February
2018
4.1% 5.8% 5.9% 3,163
January
2018
4.1% 5.9% 6.2% 3,326
December
2017
4.1% 6.0% 6.6% 3,518

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.