Santa Fe, New Mexico Unemployment
The BLS reported that the unemployment rate for Santa Fe fell 0.2 percentage points in July 2022 to 3.9%. For the same month, the metro unemployment rate was 0.6 percentage points lower than the New Mexico rate. The unemployment rate in Santa Fe peaked in May 2020 at 10.7% and is now 6.8 percentage points lower. You can also compare Santa Fe unemployment with unemployment in other cities.
| Unemployment Rate | July 2022 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.5% | -0.1 | -1.9 |
| New Mexico | 4.5% | -0.4 | -2.5 |
| Santa Fe | 3.9% | -0.2 | -2.3 |
Unemployment Rate: Santa Fe, New Mexico, National
Note: Recessions shown in gray.
Santa Fe, New Mexico Unemployed
The number of people unemployed in Santa Fe peaked in May 2020 at 7,289. There are now 4,450 fewer people unemployed in the metropolitan area. Santa Fe employment and jobs data (including jobs lost/gained in Santa Fe, New Mexico) is also available.
| Unemployed Persons | July 2022 | Month/Month | Year/Year |
|---|---|---|---|
| Santa Fe | 2,839 | -162 | -1,726 |
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 |
|---|---|---|---|---|
| August 2022 |
3.7% | — | — | — |
| July 2022 |
3.5% | 4.5% | 3.9% | 2,839 |
| June 2022 |
3.6% | 4.9% | 4.1% | 3,001 |
| May 2022 |
3.6% | 5.1% | 4.3% | 3,157 |
| April 2022 |
3.6% | 5.3% | 4.5% | 3,304 |
| March 2022 |
3.6% | 5.3% | 4.7% | 3,433 |
| February 2022 |
3.8% | 5.6% | 4.9% | 3,600 |
| January 2022 |
4.0% | 5.9% | 5.2% | 3,807 |
| December 2021 |
3.9% | 5.9% | 5.4% | 3,966 |
| November 2021 |
4.2% | 6.0% | 5.4% | 3,957 |
| October 2021 |
4.6% | 6.1% | 5.5% | 3,991 |
| September 2021 |
4.7% | 6.2% | 5.7% | 4,142 |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you are
- Home
- / Unemployment
- / New Mexico
- / Santa Fe
