Rio Rancho Profile

Labor

Archive

2007

2006

2007

2007 Albuquerque MSA Labor Force

County  Labor Force Employed Unemployed Unemployment Rate
Bernalillo County
317,864
307,356
10,508
3.3%
Sandoval County
52,393
50,155
2,238
4.3%
Torrance County
7,876
7,582
294
3.7%
Valencia County
31,778
30,659
1,119
3.5%
Total MSA
409,909
395,751
14,158
3.5%

                                                                                                Data as of December, 2007

2007 State Labor Force Annual Average

State
 Labor Force Employed Unemployed Unemployment Rate
New Mexico 948,604 916,870 31,734 3.3%

                                                               Data as of December, 2007

Albuquerque MSA Labor Force (2006 Annual Average)

County  Labor Force Employed Unemployed Unemployment Rate
Bernalillo County
318,864
306,347
12,517
3.9%
Sandoval County
50,414
48,290
2,124
4.2%
Torrance County
7,741
7,402
339
4.4%
Valencia County
32,129
30,741
1,389
4.3%
Total MSA
409,149
392,779
16,369
4.0%

2006 State Labor Force Annual Average

State
 Labor Force Employed Unemployed Unemployment Rate
New Mexico 952,933 912,126 40,807 4.3%

                                          Source: New Mexico Department of Labor

Rio Rancho Labor Force

Data Collection

The   U.S. Department of Labor, Bureau of labor Statistics (BLS) publishes employment statistics for Rio Rancho on a monthly basis. The term labor force, as used by BLS, typically refers to the total number of persons 16 years of age and older and classified as employed or unemployed. The civilian labor force is defined as the total labor force, excluding persons in the armed forces. The civilian labor force is equal to employment plus unemployment. The BLS statistics are available for download at this BLS link (Note: Select "New Mexico" for Step 1. Select "Cities and towns above 25,000 population" in Step 2. Select Rio Rancho city in Step 3. Then select "Get Data").

2007 Rio Rancho

Labor Force

Month

Labor Force

Employed

Unemployed

Unemployment Rate

Jan.
34,379
33,133
1,246
3.6%

Feb
34,505
33,327
1,178
3.4%

March
34,452
33,316
1,136
3.3%
April
 34,591 33,457 1,134 3.3%
May
 34,848 33,680 1,168 3.4%
June 35,008 33,656 1,352 3.9%
July 35,387 33,914 1,473 4.2%
August 34,648 33,421 1,227 3.5%
September 35,182 33,796 1,386 3.9%
October 35,083 33,935 1,148 3.3%

2006

The BLS estimates that Rio Rancho’s 2006 annunal average labor force (not seasonally adjusted) was 33,100; the number employed was 31,949, and unemployed 1,151; for an unemployment rate of 3.5 percent. The table below tracks 2006 estimates by month.

2006 Rio Rancho

Labor Force Estimates

Month

Labor Force

Employed

Unemployed

Unemployment Rate

Jan.

32,210

31,127

1,083

3.4%

Feb

33,124

31,995

1,129

3.4%

March

33,030

32,033

997

3.0%

April

33,269

32,171

1,098

3.3%

May

33,026

31,976

1,050

3.2%

June

33,470

32,103

1,367

4.1%

July

33,351

31,922

1,429

4.3%

Aug

32,989

31,794

1,195

3.6%

Sep

33,057

31,922

1,135

3.4%

Oct

33,146

31,947

1,199

3.6%

Nov

33,449

32,274

1,175

3.5%

Dec

33,078

32,124

954

2.9%

Average

33,100

31,949

1,151

3.5%

                                                        Source: US Department of Labor, Bureau of Labor Statistics

Rio Rancho 1996 - 2006

Annual Average Unemployment Rates

Year

Labor Force

Employed

Unemployed

Unemployment Rate

1996

22,189

21,348

841

3.8%

1997

23,104

22,324

780

3.4%

1998

24,062

23,138

924

3.8%

1999

24,813

24,065

748

3.0%

2000

27,153

26,292

861

3.2%

2001

27,924

26,972

952

3.4%

2002

28,449

27,208

1,241

4.4%

2003

29,115

27,826

1,289

4.4%

2004

30,147

28,914

1,233

4.1%

2005

32,164

30,939

1,226

3.8%
2006
33,100
31,949
1,151
3.5%

                                                        Source: US Department of Labor, Bureau of Labor Statistics

 

(Page last updated 03/26/08)