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Friday, November 8, 2024

Albuquerque sees 5.5% decrease in non-farm payroll employees since last year

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The number of employees on non-farm payrolls in March in the Albuquerque metropolitan statistical area was 376,300, according to the U.S. Bureau of Labor Statistics.

This is a 5.5 percent decrease since last March when Albuquerque reported 398,100 workers on non-farm payrolls.

Statistics were compiled from reports from the civilian labor force and unemployment data, both of which heavily relied on household surveys. The data is not seasonally adjusted.

Employment data is gleaned from an establishment survey that measures non-farm employment, hours and earnings by industry. The data is also based on payroll jobs and such factors as where the establishments are located.

Overall, New Mexico reported 0.789 million million people employed on non-farm payrolls in March.

New Mexico Employees on Non-Farm Payrolls 2021 vs. 2020
March 2021 (In thousands)March 2020 (In thousands)Percent Change
788.5856.2-7.9%
Source: Bureau of Labor Statistics

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