Department of Numbers

Farmington, New Mexico Unemployment

The BLS reported that the unemployment rate for Farmington fell 0.0 percentage points in February 2021 to 10.0%. For the same month, the metro unemployment rate was 1.7 percentage points higher than the New Mexico rate. The unemployment rate in Farmington peaked in July 2020 at 14.5% and is now 4.5 percentage points lower. From a post peak low of 8.2% in November 2020, the unemployment rate has now grown by 1.8 percentage points. You can also compare Farmington unemployment with unemployment in other cities.

Unemployment Rate February 2021 Month/Month Year/Year
National 6.2% -0.1 +2.7
New Mexico 8.3% -0.4 +3.0
Farmington 10.0% 0.0 +4.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2021 data as March 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 July 2020 at 7,104. There are now 2,086 fewer people unemployed in the metropolitan area. From a recent trough of 4,068 in November 2020, the number of unemployed has now grown by 950. Farmington employment and jobs data (including jobs lost/gained in Farmington, New Mexico) is also available.

Unemployed Persons February 2021 Month/Month Year/Year
Farmington 5,018 +4 +1,935

Number of Unemployed Persons

Farmington, New Mexico Unemployment History

Date National
Unemployment Rate		 New Mexico
Unemployment Rate		 Farmington
Unemployment Rate		 Farmington
Unemployed
March
2021		 6.0% — — —
February
2021		 6.2% 8.3% 10.0% 5,018
January
2021		 6.3% 8.7% 10.0% 5,014
December
2020		 6.7% 8.6% 9.2% 4,608
November
2020		 6.7% 8.5% 8.2% 4,068
October
2020		 6.9% 8.5% 9.6% 4,773
September
2020		 7.8% 8.6% 12.1% 6,158
August
2020		 8.4% 9.3% 13.2% 6,396
July
2020		 10.2% 12.5% 14.5% 7,104
June
2020		 11.1% 9.8% 10.3% 4,793
May
2020		 13.3% 10.0% 10.7% 5,029
April
2020		 14.8% 10.0% 13.6% 6,594

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. ↩

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