Department of Numbers

Farmington, New Mexico Unemployment

The BLS reported that the unemployment rate for Farmington fell 0.0 percentage points in September 2022 to 5.0%. For the same month, the metro unemployment rate was 0.8 percentage points higher than the New Mexico rate. The unemployment rate in Farmington peaked in September 2020 at 11.8% and is now 6.8 percentage points lower. From a post peak low of 5.0% in August 2022, the unemployment rate has now grown by 0.0 percentage points. You can also compare Farmington unemployment with unemployment in other cities.

Unemployment Rate September 2022 Month/Month Year/Year
National 3.5% -0.2 -1.2
New Mexico 4.2% -0.2 -2.0
Farmington 5.0% 0.0 -2.5
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with September 2022 data as October 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 3,636 fewer people unemployed in the metropolitan area. From a recent trough of 2,447 in August 2022, the number of unemployed has now grown by 15. Farmington employment and jobs data (including jobs lost/gained in Farmington, New Mexico) is also available.

Unemployed Persons September 2022 Month/Month Year/Year
Farmington 2,462 +15 -1,282

Number of Unemployed Persons

Farmington, New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
Farmington
Unemployment Rate
Farmington
Unemployed
October
2022
3.7%
September
2022
3.5% 4.2% 5.0% 2,462
August
2022
3.7% 4.4% 5.0% 2,447
July
2022
3.5% 4.5% 5.1% 2,537
June
2022
3.6% 4.9% 5.5% 2,725
May
2022
3.6% 5.1% 5.8% 2,879
April
2022
3.6% 5.3% 6.1% 3,024
March
2022
3.6% 5.3% 6.3% 3,160
February
2022
3.8% 5.6% 6.7% 3,321
January
2022
4.0% 5.9% 7.0% 3,513
December
2021
3.9% 5.9% 7.3% 3,649
November
2021
4.2% 6.0% 7.3% 3,641

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.