Department of Numbers

Santa Fe, New Mexico Unemployment

The BLS reported that the unemployment rate for Santa Fe fell 3.2 percentage points in May 2020 to 9.7%. For the same month, the metro unemployment rate was 0.5 percentage points higher than the New Mexico rate. The unemployment rate in Santa Fe peaked in April 2020 at 12.9% and is now 3.2 percentage points lower. You can also compare Santa Fe unemployment with unemployment in other cities.

Unemployment Rate May 2020 Month/Month Year/Year
National 13.3% -1.4 +9.7
New Mexico 9.2% -2.7 +4.3
Santa Fe 9.7% -3.2 +5.6
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2020 data as June 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 April 2020 at 8,974. There are now 2,220 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 May 2020 Month/Month Year/Year
Santa Fe 6,754 -2,220 +3,707

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
June
2020
11.1%
May
2020
13.3% 9.2% 9.7% 6,754
April
2020
14.7% 11.9% 12.9% 8,974
March
2020
4.4% 6.3% 4.9% 3,733
February
2020
3.5% 4.8% 3.8% 2,886
January
2020
3.6% 4.8% 3.8% 2,867
December
2019
3.5% 4.8% 3.7% 2,822
November
2019
3.5% 4.8% 3.7% 2,830
October
2019
3.6% 4.8% 3.8% 2,848
September
2019
3.5% 4.8% 3.8% 2,880
August
2019
3.7% 4.8% 3.9% 2,926
July
2019
3.7% 4.8% 3.9% 2,978

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.