Farmington, NM Unemployment Rate Report

Farmington, NM Historical Unemployment Trends

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Since 2005 the unemployment rate in Farmington, New Mexico has ranged from 2.3% in October 2007 to 16.1% in July 2020. The current unemployment rate for Farmington is 4.4% in August 2022. See how other local areas compare by using our Unemployment Compare tool.

Farmington, NM Unemployment Rate by Month

Moderate Unemployment Area
Farmington, NM Current Unemployment - 4.4%
Farmington, NM Unemployment Rate
Month/Year Farmington, NM% New-Mexico% National %
1 / 2022 6.0% 5.5% 4.0%
2 / 2022 5.2% 4.9% 3.8%
3 / 2022 4.7% 4.6% 3.6%
4 / 2022 4.2% 4.4% 3.6%
5 / 2022 3.9% 4.1% 3.6%
6 / 2022 5.2% 5.0% 3.6%
7 / 2022 4.9% 4.7% 3.5%
8 / 2022 4.4% 4.4% 3.7%

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