Valencia County, NM monthly unemployment update

Stacker compiled statistics about the unemployment rate in Valencia County using data from the U.S. Bureau of Labor Statistics. County and metro unemployment rates are as of April 2023.

Valencia County had a 3.3% unemployment rate in April 2023, holding steady from a month ago. New Mexico reported a 3.5% unemployment rate in May, which is the 18th highest in the country. The national unemployment rate last month rose to 3.7% but is still 0.1 percentage points higher than last year.

The unemployment rate in the Albuquerque, NM metropolitan area was 2.8%, which is 0.5 percentage points lower than Valencia County. Albuquerque has the 376th lowest unemployment out of 887 metro and micro areas surveyed in the country.

Counties with the highest unemployment rate in New Mexico
#1. Luna County: 10.8%
#2. Sierra County: 6.1%
#3. Catron County: 4.2%
#3. Cibola County: 4.2%
#3. Mora County: 4.2%

Counties with the lowest unemployment rate in New Mexico
#1. Los Alamos County: 1.5%
#2. Eddy County: 2.1%
#3. Curry County: 2.3%
#3. De Baca County: 2.3%
#5. Hidalgo County: 2.6%