The Bureau of Labor Statistics of the U.S. Department of Labor is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy.
Updated June 01, 2022
Average weekly wages for all industries by county
Albuquerque area, third quarter 2021
(U.S. = $1,251; Area = $1,036)
Source: U.S. BLS, Quarterly Census of Employment and Wages.
This summary presents a sampling of economic information for the area; supplemental data are provided for regions
and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are not
seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area
summaries and geographic definitions, see www.bls.gov/regions/economic-summaries.htm.
Albuquerque Area Economic Summary
Unemployment rates for the nation and selected
areas
Over-the-year changes in employment on nonfarm payrolls and employment by major industry sector
4.5
5.7
4.1
3.9
4.0
3.3
7.1
7.9
6.9
6.5
6.6
5.7
0.0
2.0
4.0
6.0
8.0
10.0
Valencia Co.
Torrance Co.
Sandoval Co.
Bernalillo Co.
Albuquerque area
United States
Apr-21
Apr-22
Source: U.S. BLS, Local Area Unemployment Statistics.
Unemployment rates
-15.0
-10.0
-5.0
0.0
5.0
10.0
15.0
Apr-19
Apr-20
Apr-21
Apr-22
Albuquerque area
United States
Source: U.S. BLS, Current Employment Statistics.
12-month percent changes in employment
Number Percent
Total nonfarm
401.3
19.2
5.0
Mining, logging, and construction
27.8
2.7
10.8
Manufacturing
17.0
0.9
5.6
Trade, transportation, and util ities
66.0
4.3
7.0
Information
5.4
0.4
8.0
Financial activities
19.2
0.3
1.6
Professional and business services
62.8
-0.2
-0.3
Education and health services
67.3
0.9
1.4
Leisure and hospitality
43.4
7.5
20.9
Other services
11.4
0.6
5.6
Government
81.0
1.8
2.3
Source: U.S. BLS, Current Employment Statistics.
Apr. 2022
Change from Apr.
2021 to Apr. 2022
Albuquerque area employment
(number in thousands)
Over-the-year change in the prices paid by urban
consumers for selected categories
Over-the-year changes in the selling prices received by
producers for selected industries nationwide
Average hourly wages for selected occupations
Over-the-year change