Department of Numbers

Santa Fe, New Mexico Unemployment

The BLS reported that the unemployment rate for Santa Fe fell 0.1 percentage points in November 2021 to 5.5%. 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 July 2020 at 12.9% and is now 7.4 percentage points lower. You can also compare Santa Fe unemployment with unemployment in other cities.

Unemployment Rate November 2021 Month/Month Year/Year
National 4.2% -0.4 -2.5
New Mexico 6.2% -0.3 -2.3
Santa Fe 5.5% -0.1 -2.6
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2021 data as December 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 9,319. There are now 5,513 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 November 2021 Month/Month Year/Year
Santa Fe 3,806 -97 -1,903

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
December
2021		 3.9% — — —
November
2021		 4.2% 6.2% 5.5% 3,806
October
2021		 4.6% 6.5% 5.6% 3,903
September
2021		 4.7% 6.9% 5.8% 4,037
August
2021		 5.2% 7.2% 6.0% 4,124
July
2021		 5.4% 7.6% 7.0% 4,831
June
2021		 5.9% 7.9% 7.7% 5,377
May
2021		 5.8% 7.9% 7.7% 5,458
April
2021		 6.0% 8.1% 7.7% 5,493
March
2021		 6.0% 8.3% 7.7% 5,473
February
2021		 6.2% 8.3% 7.7% 5,434
January
2021		 6.4% 8.7% 8.3% 5,897

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. ↩

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