Department of Numbers

Santa Fe, New Mexico Unemployment

The BLS reported that the unemployment rate for Santa Fe rose 0.8 percentage points in January 2021 to 8.3%. For the same month, the metro unemployment rate was 0.4 percentage points lower than the New Mexico rate. The unemployment rate in Santa Fe peaked in July 2020 at 13.2% and is now 4.9 percentage points lower. From a post peak low of 6.4% in November 2020, the unemployment rate has now grown by 1.9 percentage points. You can also compare Santa Fe unemployment with unemployment in other cities.

Unemployment Rate January 2021 Month/Month Year/Year
National 6.3% -0.4 +2.8
New Mexico 8.7% +0.1 +3.6
Santa Fe 8.3% +0.8 +4.5
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with January 2021 data as February 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 2020 at 9,053. There are now 3,123 fewer people unemployed in the metropolitan area. From a recent trough of 4,458 in November 2020, the number of unemployed has now grown by 1,472. Santa Fe employment and jobs data (including jobs lost/gained in Santa Fe, New Mexico) is also available.

Unemployed Persons January 2021 Month/Month Year/Year
Santa Fe 5,930 +650 +3,063

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
March
2021
6.0%
February
2021
6.2% 8.3%
January
2021
6.3% 8.7% 8.3% 5,930
December
2020
6.7% 8.6% 7.5% 5,280
November
2020
6.7% 8.5% 6.4% 4,458
October
2020
6.9% 8.5% 7.8% 5,370
September
2020
7.8% 8.6% 9.7% 7,003
August
2020
8.4% 9.3% 11.4% 7,710
July
2020
10.2% 12.5% 13.2% 9,053
June
2020
11.1% 9.8% 9.0% 6,254
May
2020
13.3% 10.0% 9.7% 6,737
April
2020
14.8% 10.0% 12.9% 8,974

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.