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These Are The 10 Cities In New Mexico With The Lowest Unemployment Rate

By Chris Kolmar
Jul. 19, 2017
Last Modified and Fact Checked on:

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If you’re feeling unfulfilled in your current job but love where you live, you may be considering a career change within your community. The question is: how challenging will it be to find a new job in your hometown? To assist you, we’ve compiled a list of cities in New Mexico with the most promising job markets based on unemployment rates.

Many individuals settle in a location due to job opportunities, but if you’re contemplating a move to New Mexico—whether for personal adventure or career advancement—understanding the local job market is crucial.

To identify the cities with the lowest unemployment rates, we sourced data from the Census Bureau and focused on cities with a population of over 5,000. After analyzing the data, we identified the top contenders in the Land of Enchantment:

  1. Los Ranchos De Albuquerque(Jobs)
  2. Artesia(Jobs)
  3. Hobbs(Jobs)
  4. Truth Or Consequences(Jobs)
  5. Carlsbad(Jobs)
  6. Corrales(Jobs)
  7. Ruidoso(Jobs)
  8. Farmington(Jobs)
  9. Lovington(Jobs)
  10. Gallup(Jobs)

For employers seeking vibrant communities, a low unemployment rate often reflects a healthy local economy. In this regard, Los Ranchos de Albuquerque leads New Mexico with the lowest unemployment rate.

Continue reading to discover how we identified these cities that boast robust job opportunities.

For more information on jobs in New Mexico, explore:

How We Determined The Cities In New Mexico With The Lowest Unemployment Rates

To pinpoint New Mexico’s most employed cities, we focused on areas with a population of over 5,000 and sufficient data. This analysis led us to 34 cities in New Mexico.

We assessed unemployment rates to distinguish the cities with the lowest figures, using the latest American Community Survey data from the Census Bureau.

The unemployment rate serves as a key indicator of the job market’s health and a person’s likelihood of securing employment, whether they are moving within the state or relocating from elsewhere.

Ranking from one to 34, the cities were analyzed, with ties resolved in favor of the larger population. If your city didn’t make the top ten, scroll down for a detailed chart of all the cities.

1. Los Ranchos De Albuquerque

Population: 6,074
Unemployment Rate: 3.4%
Los Ranchos de Albuquerque tops our list with an impressive unemployment rate of just 3.4%, setting a high standard for job opportunities.

Being at the top often means having access to abundant job openings.

2. Artesia

Population: 11,494
Unemployment Rate: 4.1%
While second place may be seen as a runner-up, Artesia boasts a solid unemployment rate of 4.1%, making it a competitive place for job seekers.

3. Hobbs

Population: 35,343
Unemployment Rate: 5.7%
Hobbs claims the bronze medal with an unemployment rate of 5.7%, providing ample opportunities for employment.

4. Truth Or Consequences

Population: 6,337
Unemployment Rate: 5.8%
Truth or Consequences ranks fourth with a population of 6,337. This city offers a supportive environment for those looking to kickstart their careers.

5. Carlsbad

Population: 26,996
Unemployment Rate: 5.8%
Carlsbad takes the fifth spot with a commendable unemployment rate of 5.8%, reflecting its healthy job market.

The residents here enjoy a stable employment landscape.

6. Corrales

Population: 8,426
Unemployment Rate: 6.5%
With an unemployment rate of 6.5%, Corrales ranks sixth, offering a solid job market for prospective residents.

7. Ruidoso

Population: 7,954
Unemployment Rate: 6.6%
Ruidoso holds the seventh position with a 6.6% unemployment rate, indicating a growing job market.

8. Farmington

Population: 45,383
Unemployment Rate: 6.7%
Farmington ranks eighth, showcasing its attractiveness for job seekers drawn to its competitive employment opportunities.

9. Lovington

Population: 11,364
Unemployment Rate: 6.8%
Lovington rounds out the top nine, with a steady unemployment rate of 6.8% that supports a thriving community.

10. Gallup

Source: Wikipedia

Population: 22,189
Unemployment Rate: 7.5%
Gallup completes our list at number ten, with a respectable unemployment rate of 7.5%. This city remains a viable option in New Mexico’s employment landscape.

Gallup continues to thrive, reflecting its potential for job seekers.

There You Have It – Unemployment Across New Mexico

In summary, we present the ten cities with the lowest unemployment rates in New Mexico. These cities provide promising job prospects backed by strong numbers.

If you are considering a bold move to New Mexico, where employment opportunities abound, focus your search on these top ten cities.

For further insights on cities and states across the U.S., visit www.zippia.com for comprehensive answers. Recent graduates considering relocation can also explore which states college grads typically choose to stay in versus those they leave behind.

Here’s a quick overview of cities in New Mexico that currently face higher unemployment rates:

  1. Deming
  2. Belen
  3. Taos

Detailed List Of Cities With The Lowest Unemployment In New Mexico

City Rank Unemployment
Los Ranchos De Albuquerque 1 3.4%
Artesia 2 4.1%
Hobbs 3 5.7%
Truth Or Consequences 4 5.8%
Carlsbad 5 5.8%
Corrales 6 6.5%
Ruidoso 7 6.6%
Farmington 8 6.7%
Lovington 9 6.8%
Gallup 10 7.5%
Rio Rancho 11 7.7%
Roswell 12 7.9%
Las Vegas 13 8.0%
Tucumcari 14 8.1%
Albuquerque 15 8.2%
Santa Fe 16 8.2%
Raton 17 8.8%
Los Lunas 18 8.9%
Bloomfield 19 9.3%
Aztec 20 9.8%
Grants 21 9.8%
Portales 22 10.3%
Clovis 23 10.4%
Alamogordo 24 10.4%
Silver City 25 10.5%
Las Cruces 26 10.6%
Socorro 27 11.0%
Anthony 28 12.1%
Española 29 12.3%
Bernalillo 30 12.9%
Sunland Park 31 13.1%
Taos 32 14.3%
Belen 33 15.4%
Deming 34 18.9%
Never miss an opportunity that’s right for you.

Author

Chris Kolmar

Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.

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