Department of Numbers

Santa Fe, New Mexico Unemployment

The BLS reported that the unemployment rate for Santa Fe fell 0.9 percentage points in November 2020 to 6.9%. For the same month, the metro unemployment rate was 0.3 percentage points lower than the New Mexico rate. The unemployment rate in Santa Fe peaked in July 2020 at 13.2% and is now 6.3 percentage points lower. You can also compare Santa Fe unemployment with unemployment in other cities.

Unemployment Rate November 2020 Month/Month Year/Year
National 6.7% -0.2 +3.1
New Mexico 7.2% -0.9 +2.4
Santa Fe 6.9% -0.9 +3.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2020 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 9,053. There are now 4,253 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 2020 Month/Month Year/Year
Santa Fe 4,800 -570 +1,970

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
2020		 6.7% 8.2% — —
November
2020		 6.7% 7.2% 6.9% 4,800
October
2020		 6.9% 8.1% 7.8% 5,370
September
2020		 7.8% 9.9% 9.7% 7,003
August
2020		 8.4% 11.4% 11.4% 7,710
July
2020		 10.2% 12.7% 13.2% 9,053
June
2020		 11.1% 8.4% 9.0% 6,254
May
2020		 13.3% 9.1% 9.7% 6,737
April
2020		 14.8% 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		 3.5% 4.8% 3.8% 2,867

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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