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<div class=\"blog-text\">
<h2>Overall unemployment rate moved down to 7.9% with the biggest shift in Government, which gained 500 roles, based on the most recently available information published in April 2021.</h2>

<p>Total employment in the Santa Fe, NM market rose by 638 jobs in February and the unemployment rate decreased compared to the prior month by 70 bps to 7.9%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Santa Fe, NM unemployment rate is 135 bps above the national rate which is a negative sign.</li>
	<li><i class=\"fa fa-check-circle\"></i> Unemployment in the market is 390 bps above the unemployment rate in the market last year at this time, which is a negative.</li>
	<li><i class=\"fa fa-check-circle\"></i> Average wages (per hour) grew in February versus prior month by 5.9% and are down compared to last year at this time in the market.</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading text-center w-50 h-3\">Month over Month Unemployment Change</div>

<div class=\"heading text-center w-50 h-3\">Year over Year Unemployment Change</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC  Unemployment October 2020.png\"><img alt=\"Santa Fe, NM Unemployment February 2021\" class=\"img-responsive center-block\" height=\"750\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Santa%20Fe%2C%20NM%20February%202021%20Bar%20Charts.png\" width=\"3241\" /></a></div>

<p>For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Government: 14,200; +500</li>
	<li><i class=\"fa fa-check-circle\"></i> Education &amp; Healthcare: 9,600; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Transportation &amp; Utilities: 9,400; -200</li>
	<li><i class=\"fa fa-check-circle\"></i> Restaurants &amp; Hotels: 7,000; +300</li>
	<li><i class=\"fa fa-check-circle\"></i> Business Services: 5,100; +100</li>
	<li><i class=\"fa fa-check-circle\"></i> Other Jobs: 3,200; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Construction, Mining: 2,900; -100</li>
	<li><i class=\"fa fa-check-circle\"></i> Financial Services: 2,300; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Manufacturing: 800; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> IT &amp; Development: 700; no change</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading logo h-3\">Employment Change by Key Sector</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC Unemployment by Industry October 2020.png\"><img alt=\"Santa Fe, NM Unemployment by Industry February 2021\" class=\"img-responsive center-block\" height=\"1084\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Santa%20Fe%2C%20NM%20February%202021%20Bubble%20Charts.png\" width=\"2566\" /> </a></div>

<p><i>Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021).&nbsp; Source: Government data agency and locally acquired statistics.</i></p>

<p><i>Note: All reported data is not seasonally adjusted.</i></p>
</div>


market-summary

Employment Snapshot - Santa Fe, NM February-2021

<div class=\"blog-text\">
<h2>Overall unemployment rate moved up to 8.6% with the biggest shift in Government, which lost 400 roles, based on the most recently available information published in March 2021.</h2>

<p>Total employment in the Santa Fe, NM market declined by 465 jobs in January and the unemployment rate increased compared to the prior month by 140 bps to 8.6%. The national unemployment rate increased by 31 bps over the same time to 6.8%.</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Santa Fe, NM unemployment rate is 179 bps above the national rate which is a negative sign.</li>
	<li><i class=\"fa fa-check-circle\"></i> Unemployment in the market is 460 bps above the unemployment rate in the market last year at this time, which is a negative.</li>
	<li><i class=\"fa fa-check-circle\"></i> Average wages (per hour) grew in January versus prior month by 12.1% and are down compared to last year at this time in the market.</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading text-center w-50 h-3\">Month over Month Unemployment Change</div>

<div class=\"heading text-center w-50 h-3\">Year over Year Unemployment Change</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC  Unemployment October 2020.png\"><img alt=\"Santa Fe, NM Unemployment January 2021\" class=\"img-responsive center-block\" height=\"797\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Santa%20Fe%2C%20NM%20January%202021%20Bar%20Charts.png\" width=\"3242\" /></a></div>

<p>For key employment segments of the market, total jobs declined by -1.6%. Key sectors include:</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Government: 13,700; -400</li>
	<li><i class=\"fa fa-check-circle\"></i> Education &amp; Healthcare: 9,800; -100</li>
	<li><i class=\"fa fa-check-circle\"></i> Transportation &amp; Utilities: 9,600; -200</li>
	<li><i class=\"fa fa-check-circle\"></i> Restaurants &amp; Hotels: 6,700; -100</li>
	<li><i class=\"fa fa-check-circle\"></i> Business Services: 5,100; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Other Jobs: 3,100; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Construction, Mining: 2,900; -100</li>
	<li><i class=\"fa fa-check-circle\"></i> Financial Services: 2,300; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Manufacturing: 800; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> IT &amp; Development: 800; no change</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading logo h-3\">Employment Change by Key Sector</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC Unemployment by Industry October 2020.png\"><img alt=\"Santa Fe, NM Unemployment by Industry January 2021\" class=\"img-responsive center-block\" height=\"1109\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Santa%20Fe%2C%20NM%20January%202021%20Bubble%20Charts.png\" width=\"2566\" /> </a></div>

<p><i>Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021).&nbsp; Source: Government data agency and locally acquired statistics.</i></p>

<p><i>Note: All reported data is not seasonally adjusted.</i></p>
</div>


Employment Snapshot - Santa Fe, NM January-2021

Posts in Santa Fe, NM

Employment Snapshot - Santa Fe, NM February-2021

Employment Snapshot - Santa Fe, NM January-2021