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Thursday, November 14, 2024

Albuquerque sees 4.3% increase in non-farm payroll employees since last year

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The number of employees on non-farm payrolls in October in the Albuquerque metropolitan statistical area was 392,200, according to the U.S. Bureau of Labor Statistics.

This is a 4.3 percent increase since last October when Albuquerque reported 376,100 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 0.826 million million people employed on non-farm payrolls in October.

New Mexico Employees on Non-Farm Payrolls 2021 vs. 2020
October 2021 (In thousands)October 2020 (In thousands)Percent Change
826.3793.94.1%
Source: Bureau of Labor Statistics

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