Department of Numbers

Farmington, New Mexico Unemployment

The BLS reported that the unemployment rate for Farmington fell 0.1 percentage points in January 2023 to 4.8%. For the same month, the metro unemployment rate was 1.3 percentage points higher than the New Mexico rate. The unemployment rate in Farmington peaked in September 2020 at 11.8% and is now 7.0 percentage points lower. You can also compare Farmington unemployment with unemployment in other cities.

Unemployment Rate January 2023 Month/Month Year/Year
National 3.4% -0.1 -0.6
New Mexico 3.5% 0.0 -1.9
Farmington 4.8% -0.1 -2.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with January 2023 data as February 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 September 2020 at 6,098. There are now 3,755 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 January 2023 Month/Month Year/Year
Farmington 2,343 -54 -1,170

Number of Unemployed Persons

Farmington, New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
Farmington
Unemployment Rate
Farmington
Unemployed
February
2023
3.6%
January
2023
3.4% 3.5% 4.8% 2,343
December
2022
3.5% 3.5% 4.9% 2,397
November
2022
3.6% 3.5% 5.0% 2,437
October
2022
3.7% 3.5% 5.0% 2,465
September
2022
3.5% 3.5% 5.0% 2,465
August
2022
3.7% 3.4% 5.0% 2,447
July
2022
3.5% 3.6% 5.1% 2,537
June
2022
3.6% 3.9% 5.5% 2,725
May
2022
3.6% 4.1% 5.8% 2,879
April
2022
3.6% 4.3% 6.1% 3,024
March
2022
3.6% 4.6% 6.3% 3,160

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.