Department of Numbers

Santa Fe, New Mexico Unemployment

The BLS reported that the unemployment rate for Santa Fe rose 0.1 percentage points in October 2018 to 3.9%. For the same month, the metro unemployment rate was 0.7 percentage points lower than the New Mexico rate. The unemployment rate in Santa Fe peaked in April 2010 at 7.1% and is now 3.2 percentage points lower. From a post peak low of 3.7% in July 2018, the unemployment rate has now grown by 0.2 percentage points. You can also compare Santa Fe 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
Santa Fe 3.9% +0.1 -1.1
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: Santa Fe, New Mexico, National

Santa Fe, New Mexico monthly unemployment rate chart

Note: Recessions shown in gray.

Santa Fe, New Mexico Unemployed

The number of people unemployed in Santa Fe peaked in July 2009 at 5,291. There are now 2,390 fewer people unemployed in the metropolitan area. From a recent trough of 2,768 in July 2018, the number of unemployed has now grown by 133. Santa Fe employment and jobs data (including jobs lost/gained in Santa Fe, New Mexico) is also available.

Unemployed Persons October 2018 Month/Month Year/Year
Santa Fe 2,901 +41 -790

Number of Unemployed Persons

Santa Fe, New Mexico Unemployment History

Date National
Unemployment Rate
New Mexico
Unemployment Rate
Santa Fe
Unemployment Rate
Santa Fe
Unemployed
November
2018
3.7%
October
2018
3.7% 4.6% 3.9% 2,901
September
2018
3.7% 4.6% 3.8% 2,860
August
2018
3.9% 4.6% 3.8% 2,854
July
2018
3.9% 4.7% 3.7% 2,768
June
2018
4.0% 4.9% 3.8% 2,794
May
2018
3.8% 5.1% 3.8% 2,843
April
2018
3.9% 5.4% 4.2% 3,087
March
2018
4.1% 5.6% 4.3% 3,168
February
2018
4.1% 5.8% 4.5% 3,292
January
2018
4.1% 5.9% 4.7% 3,413
December
2017
4.1% 6.0% 5.0% 3,635

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.