The unemployment rate is up from 8.4% in June, reversing a steady downward trend since April, when the rate was 11.3%, the Albuquerque Journal reported. Activate Professional to get unlimited access to more than 3.3b time series and visualizations. According to Johns Hopkins University data analyzed by The Associated Press, the seven-day rolling average of daily new cases in New Mexico decreased over the past two weeks while the rolling average of deaths was nearly unchanged. New Mexico unemployment rate on July 18: 12.14 percent, up .72 percentage point. Connect with the definitive source for global and local news. Vote to Re-Elect, And the Stock Market Says ... Trump Wins Re-election. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. Copyright 2020 Cumulus Media / Cumulus Media is an equal opportunity employer / AA, Retirement Solutions Show / Financial Jargon from Oakmont Advisory Group. The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters. Since 2005 the unemployment rate in New Mexico has ranged from 3.4% in December 2006 to 11.4% in April 2020. Required fields are marked *. New Mexico unemployment compared to other states. You can change your personal cookie settings through your internet browser settings. According to the BLS current population survey (CPS), the unemployment rate for New Mexico rose 4.3 percentage points in July 2020 to 12.7%.The state unemployment rate was 2.5 percentage points higher than the national rate for the month. You can access that data for Farmington, NM here. Your email address will not be published. New Mexico Department of Workforce Solutions Office of the Secretary Economic Research & Analysis Bureau PO Box 1928, Albuquerque, NM 87103 August 21, 2020 New Mexico’s seasonally adjusted unemployment rate was 12.7 percent in July 2020, up from 8.4 percent in June and up from 4.8 percent in the previous year. Santa Fe County has 12,241 people on the unemployment rolls, according to the New Mexico Department of Workforce Solutions. Okay to continue They were placed on your computer when you launched this website. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. We hope that you continue to enjoy our free content. The latest data is for July, not August (as with State data) but we put the data into this useful chart below to illustrate how unemployment rates in New Mexico’s measured cities have changed and how they compare to some big cities in other neighboring states. Knoema is the most comprehensive source of global decision-making data in the world. New Mexico includes the following metropolitan areas for which an Economy At A Glance table is available:. The unemployed will see an end to the extra $600 a week in Federal Pandemic Unemployment Compensation payments, which expires Friday. But the Bureau of Labor Statistics collects unemployment data for cities in each state. ALBUQUERQUE, N.M. (AP) — New Mexico’s jobless rate has jumped to 12.7%, the highest rate for the state since the coronavirus pandemic began in the U.S. in March. But we've quickly surpassed that number. Contact ben@deptofnumbers.com (or @deptofnumbers on Twitter) if you have any questions, comments or suggestions. There are now 13,936 fewer people unemployed in the state. Senate Republicans want to reduce a revival of this payment to $200. On the week of April 13, insured unemployment rate for New Mexico was 11.7 %. You can access that data for Farmington, NM here. Get data on a variety of issues pertaining to Henderson and the rest of Henderson County, Kentucky. The unemployment rate in New Mexico has jumped to 12.7%. According to the BLS current population survey (CPS), the unemployment rate for New Mexico fell 1.4 percentage points in August 2020 to 11.3%. Industries like leisure and hospitality reported the biggest employment losses. ALBUQUERQUE, N.M. (AP) — New Mexico's jobless rate has jumped to 12.7%, the highest rate for the state since the coronavirus pandemic began in the U.S. in March. Albuquerque, NM (AP) — New Mexico’s jobless rate has jumped to 12.7%, the highest rate for the state since the coronavirus pandemic began in the U.S. in March. The Santa Fe area reported a rate of 13.5%, Las Cruces’ figure was 13% and Farmington had a rate of 16%, officials said. We hope that you enjoy our free content. Data extracted on: September 11, 2020 Source: U.S. Bureau of Labor Statistics Note: More data series, including additional geographic areas, are available through the "Databases & Tables" tab at the top of this page. By Associated Press , Wire Service Content Aug. 22, 2020 By Associated Press , Wire Service Content Aug. 22, 2020, at 2:26 p.m.