Rio Rancho Profile

Labor

Employment/Unemployment

Rio Rancho's adjacency to Albuquerque allows it to draw from the largest labor pool in New Mexico.  Sandoval County, which encompasses most of Rio Rancho, has a labor force of about 52,003 and is included in the Albuquerque MSA definition. The table below presents the most recent estimate data for the Albuquerque MSA by county.

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2008 Albuquerque MSA Labor Force

County  Labor Force Employed Unemployed Unemployment Rate
Bernalillo County
311,817
302,296
9,521
3.1%
Sandoval County
53,397
51,247
2,150
4.0%
Torrance County
7,616
7,338
278
3.7%
Valencia County
31,051
30,002
1,049
3.4%
Total MSA
403,881
390,883
12,998
3.55%

                                                                                                Data as of March, 2008

2008 State Labor Force Annual Average

State
 Labor Force Employed Unemployed Unemployment Rate
New Mexico 946,259 916,634 29,625 3.1%

                                                               Data as of March, 2008

 

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").

2008 Rio Rancho

Labor Force Estimates

Month

Labor Force

Employed

Unemployed

Unemployment Rate

Jan.
36,230
34,941
1,289
3.6%
Feb.
36,389
35,032
1,357
3.7%

Labor Force