Hobbs, NM Unemployment Rate Report

Hobbs, NM Historical Unemployment Trends

Since 2005 the unemployment rate in Hobbs, New Mexico has ranged from 2.1% in December 2007 to 16.6% in August 2020. The current unemployment rate for Hobbs is 5.7% in August 2022. See how other local areas compare by using our Unemployment Compare tool.

Hobbs, NM Unemployment Rate by Month

Very High Unemployment Area

Hobbs, NM Current Unemployment - 5.7%

Hobbs, NM Unemployment Rate

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2022	8.1%	5.5%	4.0%
2 / 2022	6.9%	4.9%	3.8%
3 / 2022	6.3%	4.6%	3.6%
4 / 2022	6.0%	4.4%	3.6%
5 / 2022	5.6%	4.1%	3.6%
6 / 2022	6.8%	5.0%	3.6%
7 / 2022	5.8%	4.7%	3.5%
8 / 2022	5.7%	4.4%	3.7%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2021	14.1%	9.1%	6.3%
2 / 2021	12.9%	8.3%	6.2%
3 / 2021	12.1%	8.0%	6.0%
4 / 2021	11.5%	7.6%	6.1%
5 / 2021	10.8%	7.4%	5.8%
6 / 2021	12.3%	8.4%	5.9%
7 / 2021	10.8%	7.9%	5.4%
8 / 2021	9.1%	7.1%	5.2%
9 / 2021	8.6%	6.2%	4.7%
10 / 2021	7.5%	5.8%	4.6%
11 / 2021	7.7%	5.6%	4.2%
12 / 2021	6.9%	5.2%	3.9%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2020	4.3%	5.0%	3.6%
2 / 2020	4.3%	5.1%	3.5%
3 / 2020	5.4%	6.2%	4.4%
4 / 2020	9.5%	11.4%	14.7%
5 / 2020	9.3%	8.7%	13.3%
6 / 2020	11.4%	9.1%	11.1%
7 / 2020	16.4%	13.3%	10.2%
8 / 2020	16.6%	11.5%	8.4%
9 / 2020	14.6%	9.9%	7.9%
10 / 2020	12.1%	7.9%	6.9%
11 / 2020	10.4%	8.1%	6.7%
12 / 2020	11.0%	8.3%	6.7%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2019	4.0%	5.3%	4.0%
2 / 2019	4.0%	5.1%	3.8%
3 / 2019	3.8%	4.8%	3.8%
4 / 2019	3.5%	4.4%	3.6%
5 / 2019	3.5%	4.5%	3.6%
6 / 2019	4.6%	5.5%	3.7%
7 / 2019	4.8%	5.5%	3.7%
8 / 2019	4.1%	4.9%	3.7%
9 / 2019	3.9%	4.6%	3.5%
10 / 2019	4.1%	4.6%	3.6%
11 / 2019	3.9%	4.6%	3.5%
12 / 2019	3.8%	4.5%	3.5%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2018	4.9%	5.4%	4.1%
2 / 2018	4.6%	5.2%	4.1%
3 / 2018	4.3%	4.7%	4.0%
4 / 2018	3.8%	4.4%	3.9%
5 / 2018	3.9%	4.3%	3.8%
6 / 2018	4.9%	5.4%	4.0%
7 / 2018	4.9%	5.4%	3.9%
8 / 2018	4.4%	4.9%	3.8%
9 / 2018	4.3%	4.8%	3.7%
10 / 2018	4.2%	4.7%	3.8%
11 / 2018	4.0%	4.7%	3.7%
12 / 2018	3.8%	4.7%	3.9%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2017	7.8%	6.6%	4.7%
2 / 2017	7.4%	6.4%	4.7%
3 / 2017	6.9%	6.0%	4.4%
4 / 2017	6.2%	5.6%	4.4%
5 / 2017	6.7%	5.6%	4.4%
6 / 2017	7.3%	6.5%	4.3%
7 / 2017	7.0%	6.5%	4.3%
8 / 2017	6.5%	6.0%	4.4%
9 / 2017	5.9%	5.6%	4.2%
10 / 2017	5.5%	5.3%	4.1%
11 / 2017	5.3%	5.3%	4.2%
12 / 2017	4.9%	5.0%	4.1%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2016	8.5%	6.7%	4.9%
2 / 2016	8.7%	6.6%	4.9%
3 / 2016	9.2%	6.4%	5.0%
4 / 2016	9.4%	6.2%	5.0%
5 / 2016	9.8%	6.2%	4.8%
6 / 2016	11.0%	7.4%	4.9%
7 / 2016	10.7%	7.4%	4.8%
8 / 2016	9.9%	6.9%	4.9%
9 / 2016	9.5%	6.6%	5.0%
10 / 2016	9.0%	6.4%	4.9%
11 / 2016	8.4%	6.3%	4.7%
12 / 2016	8.2%	6.1%	4.7%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2015	4.3%	6.6%	5.7%
2 / 2015	5.0%	6.6%	5.5%
3 / 2015	5.3%	6.4%	5.4%
4 / 2015	5.6%	6.1%	5.4%
5 / 2015	6.0%	6.2%	5.6%
6 / 2015	7.1%	7.2%	5.3%
7 / 2015	7.2%	7.2%	5.2%
8 / 2015	6.8%	6.6%	5.1%
9 / 2015	7.0%	6.3%	5.0%
10 / 2015	7.5%	6.3%	5.0%
11 / 2015	7.8%	6.3%	5.1%
12 / 2015	8.0%	6.2%	5.0%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2014	4.5%	7.2%	6.6%
2 / 2014	4.9%	7.0%	6.7%
3 / 2014	4.7%	6.9%	6.7%
4 / 2014	4.0%	6.4%	6.2%
5 / 2014	4.4%	6.5%	6.3%
6 / 2014	5.4%	7.5%	6.1%
7 / 2014	5.0%	7.4%	6.2%
8 / 2014	4.6%	6.9%	6.1%
9 / 2014	4.6%	6.6%	5.9%
10 / 2014	4.3%	6.3%	5.7%
11 / 2014	4.2%	6.3%	5.8%
12 / 2014	3.9%	6.0%	5.6%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2013	4.9%	7.4%	8.0%
2 / 2013	4.8%	7.1%	7.7%
3 / 2013	4.2%	6.7%	7.5%
4 / 2013	3.8%	6.4%	7.6%
5 / 2013	4.3%	6.5%	7.5%
6 / 2013	5.4%	7.7%	7.5%
7 / 2013	4.9%	7.5%	7.3%
8 / 2013	4.5%	7.1%	7.2%
9 / 2013	4.7%	6.9%	7.2%
10 / 2013	4.8%	6.9%	7.2%
11 / 2013	4.4%	6.8%	6.9%
12 / 2013	4.5%	6.6%	6.7%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2012	5.6%	7.8%	8.3%
2 / 2012	5.2%	7.4%	8.3%
3 / 2012	4.9%	7.2%	8.2%
4 / 2012	4.4%	6.6%	8.2%
5 / 2012	4.5%	6.7%	8.2%
6 / 2012	5.3%	7.8%	8.2%
7 / 2012	5.0%	7.7%	8.2%
8 / 2012	4.8%	7.2%	8.1%
9 / 2012	4.7%	6.8%	7.8%
10 / 2012	4.7%	6.7%	7.8%
11 / 2012	4.4%	6.7%	7.7%
12 / 2012	4.7%	6.7%	7.9%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2011	7.0%	7.9%	9.1%
2 / 2011	6.8%	7.6%	9.0%
3 / 2011	6.0%	7.3%	9.0%
4 / 2011	5.6%	7.0%	9.1%
5 / 2011	5.6%	7.1%	9.0%
6 / 2011	6.3%	8.1%	9.1%
7 / 2011	5.9%	8.0%	9.0%
8 / 2011	5.6%	7.8%	9.0%
9 / 2011	5.5%	7.6%	9.0%
10 / 2011	5.5%	7.4%	8.8%
11 / 2011	4.9%	7.3%	8.6%
12 / 2011	5.1%	7.2%	8.5%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2010	9.3%	8.1%	9.8%
2 / 2010	8.8%	8.1%	9.8%
3 / 2010	8.8%	8.2%	9.9%
4 / 2010	8.6%	7.9%	9.9%
5 / 2010	8.2%	8.1%	9.6%
6 / 2010	9.1%	9.0%	9.4%
7 / 2010	8.6%	8.8%	9.4%
8 / 2010	8.1%	8.4%	9.5%
9 / 2010	7.4%	8.0%	9.5%
10 / 2010	7.0%	7.7%	9.4%
11 / 2010	6.7%	7.6%	9.8%
12 / 2010	6.7%	7.3%	9.3%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2009	4.7%	6.5%	7.8%
2 / 2009	5.5%	6.7%	8.3%
3 / 2009	6.6%	7.3%	8.7%
4 / 2009	7.9%	7.2%	9.0%
5 / 2009	8.9%	7.6%	9.4%
6 / 2009	10.2%	8.7%	9.5%
7 / 2009	10.1%	8.4%	9.5%
8 / 2009	9.7%	8.0%	9.6%
9 / 2009	9.5%	7.6%	9.8%
10 / 2009	8.8%	7.5%	10.0%
11 / 2009	8.6%	7.5%	9.9%
12 / 2009	8.4%	7.4%	9.9%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2008	2.4%	4.1%	5.0%
2 / 2008	2.3%	3.9%	4.9%
3 / 2008	2.5%	4.0%	5.1%
4 / 2008	2.4%	3.7%	5.0%
5 / 2008	2.7%	3.9%	5.4%
6 / 2008	3.6%	4.9%	5.6%
7 / 2008	3.8%	4.9%	5.8%
8 / 2008	3.6%	4.7%	6.1%
9 / 2008	3.3%	4.6%	6.1%
10 / 2008	3.3%	4.6%	6.5%
11 / 2008	3.3%	4.9%	6.8%
12 / 2008	3.5%	5.2%	7.3%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2007	2.7%	4.0%	4.6%
2 / 2007	2.7%	3.8%	4.5%
3 / 2007	2.6%	3.7%	4.4%
4 / 2007	2.5%	3.5%	4.5%
5 / 2007	2.4%	3.6%	4.4%
6 / 2007	3.1%	4.4%	4.6%
7 / 2007	3.1%	4.2%	4.7%
8 / 2007	2.6%	3.7%	4.6%
9 / 2007	2.5%	3.6%	4.7%
10 / 2007	2.3%	3.5%	4.7%
11 / 2007	2.3%	3.5%	4.7%
12 / 2007	2.1%	3.5%	5.0%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2006	3.5%	4.4%	4.7%
2 / 2006	3.3%	4.3%	4.8%
3 / 2006	3.0%	4.1%	4.7%
4 / 2006	3.1%	3.9%	4.7%
5 / 2006	3.1%	4.1%	4.6%
6 / 2006	3.9%	5.0%	4.6%
7 / 2006	3.7%	4.8%	4.7%
8 / 2006	3.3%	4.4%	4.7%
9 / 2006	3.2%	4.1%	4.5%
10 / 2006	2.9%	3.8%	4.4%
11 / 2006	2.7%	3.7%	4.5%
12 / 2006	2.3%	3.4%	4.4%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2005	4.7%	5.7%	5.3%
2 / 2005	4.6%	5.5%	5.4%
3 / 2005	4.7%	5.5%	5.2%
4 / 2005	4.4%	5.0%	5.2%
5 / 2005	4.4%	5.0%	5.1%
6 / 2005	5.1%	5.9%	5.0%
7 / 2005	4.7%	5.6%	5.0%
8 / 2005	4.4%	5.1%	4.9%
9 / 2005	4.1%	4.8%	5.0%
10 / 2005	3.9%	4.6%	5.0%
11 / 2005	3.7%	4.5%	5.0%
12 / 2005	3.4%	4.2%	4.9%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2004	6.1%	6.1%	5.7%
2 / 2004	5.7%	5.7%	5.6%
3 / 2004	5.5%	5.8%	5.8%
4 / 2004	5.3%	5.3%	5.6%
5 / 2004	5.4%	5.3%	5.6%
6 / 2004	6.5%	6.2%	5.6%
7 / 2004	6.1%	5.9%	5.5%
8 / 2004	5.4%	5.5%	5.4%
9 / 2004	5.4%	5.2%	5.4%
10 / 2004	5.1%	5.0%	5.5%
11 / 2004	4.9%	5.0%	5.4%
12 / 2004	4.8%	5.0%	5.4%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2003	6.5%	6.0%	5.8%
2 / 2003	6.0%	5.8%	5.9%
3 / 2003	5.7%	5.8%	5.9%
4 / 2003	5.4%	5.5%	6.0%
5 / 2003	5.7%	5.6%	6.1%
6 / 2003	7.0%	6.7%	6.3%
7 / 2003	6.8%	6.5%	6.2%
8 / 2003	6.5%	6.0%	6.1%
9 / 2003	6.1%	5.8%	6.1%
10 / 2003	5.9%	5.6%	6.0%
11 / 2003	5.8%	5.6%	5.8%
12 / 2003	5.3%	5.4%	5.7%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2002	6.2%	5.6%	5.7%
2 / 2002	6.0%	5.6%	5.7%
3 / 2002	6.0%	5.5%	5.7%
4 / 2002	6.0%	5.3%	5.9%
5 / 2002	6.1%	5.4%	5.8%
6 / 2002	7.7%	6.4%	5.8%
7 / 2002	6.9%	6.1%	5.8%
8 / 2002	6.3%	5.6%	5.7%
9 / 2002	6.1%	5.3%	5.7%
10 / 2002	6.0%	5.2%	5.7%
11 / 2002	6.1%	5.3%	5.9%
12 / 2002	5.6%	5.2%	6.0%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2001	5.6%	5.3%	4.2%
2 / 2001	5.1%	5.1%	4.2%
3 / 2001	4.8%	5.0%	4.3%
4 / 2001	4.4%	4.6%	4.4%
5 / 2001	4.4%	4.6%	4.3%
6 / 2001	5.7%	5.5%	4.5%
7 / 2001	5.1%	5.3%	4.6%
8 / 2001	4.8%	4.7%	4.9%
9 / 2001	4.8%	4.7%	5.0%
10 / 2001	5.0%	4.7%	5.3%
11 / 2001	5.0%	4.8%	5.5%
12 / 2001	4.9%	4.8%	5.7%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 2000	7.5%	5.4%	4.0%
2 / 2000	6.9%	5.2%	4.1%
3 / 2000	6.5%	5.1%	4.0%
4 / 2000	5.8%	4.7%	3.8%
5 / 2000	5.8%	4.8%	4.0%
6 / 2000	6.7%	5.6%	4.0%
7 / 2000	6.2%	5.2%	4.0%
8 / 2000	6.0%	4.9%	4.1%
9 / 2000	5.5%	4.6%	3.9%
10 / 2000	5.4%	4.6%	3.9%
11 / 2000	5.4%	4.6%	3.9%
12 / 2000	4.8%	4.4%	3.9%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 1999	10.5%	6.3%	4.3%
2 / 1999	11.0%	6.1%	4.4%
3 / 1999	11.7%	6.0%	4.2%
4 / 1999	10.8%	5.5%	4.3%
5 / 1999	10.3%	5.5%	4.2%
6 / 1999	11.4%	6.5%	4.3%
7 / 1999	10.2%	5.9%	4.3%
8 / 1999	9.5%	5.4%	4.2%
9 / 1999	8.7%	5.1%	4.2%
10 / 1999	8.0%	4.9%	4.1%
11 / 1999	7.5%	4.9%	4.1%
12 / 1999	6.7%	4.8%	4.0%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 1998	5.0%	6.6%	4.6%
2 / 1998	4.8%	6.3%	4.6%
3 / 1998	4.9%	6.4%	4.7%
4 / 1998	4.6%	5.8%	4.3%
5 / 1998	4.9%	6.0%	4.4%
6 / 1998	6.4%	6.9%	4.5%
7 / 1998	6.3%	6.5%	4.5%
8 / 1998	6.4%	6.0%	4.5%
9 / 1998	6.7%	5.7%	4.6%
10 / 1998	7.0%	5.6%	4.5%
11 / 1998	7.3%	5.6%	4.4%
12 / 1998	7.8%	5.4%	4.4%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 1997	4.8%	7.3%	5.3%
2 / 1997	5.2%	7.0%	5.2%
3 / 1997	5.2%	6.9%	5.2%
4 / 1997	5.3%	6.3%	5.1%
5 / 1997	5.1%	6.2%	4.9%
6 / 1997	5.8%	7.0%	5.0%
7 / 1997	5.4%	6.7%	4.9%
8 / 1997	4.9%	6.0%	4.8%
9 / 1997	5.2%	5.7%	4.9%
10 / 1997	4.6%	5.5%	4.7%
11 / 1997	4.5%	5.6%	4.6%
12 / 1997	4.5%	5.6%	4.7%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 1996	6.9%	7.7%	5.6%
2 / 1996	6.7%	7.5%	5.5%
3 / 1996	6.6%	7.4%	5.5%
4 / 1996	6.5%	7.1%	5.6%
5 / 1996	6.7%	7.1%	5.6%
6 / 1996	7.5%	7.9%	5.3%
7 / 1996	7.0%	7.8%	5.5%
8 / 1996	6.2%	7.2%	5.1%
9 / 1996	5.9%	6.8%	5.2%
10 / 1996	5.6%	6.7%	5.2%
11 / 1996	5.1%	6.7%	5.4%
12 / 1996	4.5%	6.5%	5.4%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 1995	6.3%	6.8%	5.6%
2 / 1995	5.8%	6.5%	5.4%
3 / 1995	5.9%	6.5%	5.4%
4 / 1995	5.5%	6.3%	5.8%
5 / 1995	5.5%	6.2%	5.6%
6 / 1995	6.8%	7.1%	5.6%
7 / 1995	6.2%	6.9%	5.7%
8 / 1995	5.8%	6.5%	5.7%
9 / 1995	6.2%	6.4%	5.6%
10 / 1995	5.9%	6.4%	5.5%
11 / 1995	6.0%	6.6%	5.6%
12 / 1995	5.6%	6.6%	5.6%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 1994	6.1%	7.2%	6.6%
2 / 1994	5.7%	6.8%	6.6%
3 / 1994	6.4%	6.8%	6.5%
4 / 1994	7.1%	6.3%	6.4%
5 / 1994	7.8%	6.3%	6.1%
6 / 1994	9.5%	7.1%	6.1%
7 / 1994	8.7%	6.8%	6.1%
8 / 1994	8.5%	6.4%	6.0%
9 / 1994	8.3%	6.2%	5.9%
10 / 1994	7.8%	6.0%	5.8%
11 / 1994	7.2%	6.0%	5.6%
12 / 1994	6.3%	5.9%	5.5%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 1993	6.2%	7.4%	7.3%
2 / 1993	5.9%	7.2%	7.1%
3 / 1993	6.3%	7.3%	7.0%
4 / 1993	6.0%	6.8%	7.1%
5 / 1993	6.2%	7.0%	7.1%
6 / 1993	6.9%	7.9%	7.0%
7 / 1993	6.3%	7.4%	6.9%
8 / 1993	6.0%	6.9%	6.8%
9 / 1993	5.5%	6.7%	6.7%
10 / 1993	5.2%	6.4%	6.8%
11 / 1993	4.9%	6.4%	6.6%
12 / 1993	4.6%	6.3%	6.5%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 1992	6.2%	7.9%	7.3%
2 / 1992	6.4%	7.8%	7.4%
3 / 1992	6.4%	7.4%	7.4%
4 / 1992	6.8%	7.1%	7.4%
5 / 1992	7.1%	7.0%	7.6%
6 / 1992	8.3%	8.2%	7.8%
7 / 1992	7.2%	7.5%	7.7%
8 / 1992	6.6%	6.9%	7.6%
9 / 1992	6.9%	6.7%	7.6%
10 / 1992	6.9%	6.5%	7.3%
11 / 1992	6.5%	6.6%	7.4%
12 / 1992	6.0%	6.6%	7.4%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 1991	4.1%	7.3%	6.4%
2 / 1991	3.9%	7.2%	6.6%
3 / 1991	4.1%	7.3%	6.8%
4 / 1991	4.2%	6.9%	6.7%
5 / 1991	4.8%	7.0%	6.9%
6 / 1991	5.4%	8.0%	6.9%
7 / 1991	5.2%	7.7%	6.8%
8 / 1991	5.0%	7.1%	6.9%
9 / 1991	5.6%	6.8%	6.9%
10 / 1991	5.5%	6.7%	7.0%
11 / 1991	5.0%	6.8%	7.0%
12 / 1991	4.8%	6.8%	7.3%

Month/Year	Hobbs, NM%	New-Mexico%	National %
1 / 1990	5.4%	6.9%	5.4%
2 / 1990	5.3%	6.7%	5.3%
3 / 1990	5.2%	6.6%	5.2%
4 / 1990	4.8%	6.2%	5.4%
5 / 1990	5.0%	6.2%	5.4%
6 / 1990	5.6%	7.3%	5.2%
7 / 1990	5.2%	7.0%	5.5%
8 / 1990	5.4%	6.5%	5.7%
9 / 1990	5.2%	6.4%	5.9%
10 / 1990	4.7%	6.3%	5.9%
11 / 1990	4.1%	6.4%	6.2%
12 / 1990	3.8%	6.3%	6.3%