Farmington, New Mexico Unemployment
The BLS reported that the unemployment rate for Farmington fell 0.3 percentage points in May 2021 to 9.7%. 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 14.4% and is now 4.7 percentage points lower. You can also compare Farmington unemployment with unemployment in other cities.
| Unemployment Rate | May 2021 | Month/Month | Year/Year |
|---|---|---|---|
| National | 5.8% | -0.3 | -7.5 |
| New Mexico | 8.0% | -0.1 | -2.0 |
| Farmington | 9.7% | -0.3 | -1.9 |
Unemployment Rate: Farmington, New Mexico, National
Note: Recessions shown in gray.
Farmington, New Mexico Unemployed
The number of people unemployed in Farmington peaked in July 2020 at 7,431. There are now 2,571 fewer people unemployed in the metropolitan area. Farmington employment and jobs data (including jobs lost/gained in Farmington, New Mexico) is also available.
| Unemployed Persons | May 2021 | Month/Month | Year/Year |
|---|---|---|---|
| Farmington | 4,860 | -142 | -782 |
Number of Unemployed Persons
Farmington, New Mexico Unemployment History
| Date | National Unemployment Rate |
New Mexico Unemployment Rate |
Farmington Unemployment Rate |
Farmington Unemployed |
|---|---|---|---|---|
| June 2021 |
5.9% | — | — | — |
| May 2021 |
5.8% | 8.0% | 9.7% | 4,860 |
| April 2021 |
6.1% | 8.1% | 10.0% | 5,002 |
| March 2021 |
6.0% | 8.3% | 10.1% | 5,093 |
| February 2021 |
6.2% | 8.3% | 10.2% | 5,144 |
| January 2021 |
6.3% | 8.7% | 10.2% | 5,187 |
| December 2020 |
6.7% | 8.6% | 10.1% | 5,157 |
| November 2020 |
6.7% | 8.5% | 10.1% | 5,138 |
| October 2020 |
6.9% | 8.5% | 10.1% | 5,129 |
| September 2020 |
7.8% | 8.6% | 10.9% | 5,591 |
| August 2020 |
8.4% | 9.3% | 10.7% | 5,277 |
| July 2020 |
10.2% | 12.5% | 14.4% | 7,431 |
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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