Department of Numbers

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
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with July 2022 data as August 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 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.