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Bureau of Labor Statistics > Geographic Information > Southwest > News Release
News Release Information

25-901-DAL
Thursday, May 22, 2025

Contacts Technical information: Media contact:
  • (972) 850-4800

New Mexico Job Openings and Labor Turnover — March 2025

New Mexico had 44,000 job openings in March 2025, compared to 56,000 openings in February, the U.S. Bureau of Labor Statistics reported today. (See table 1.) Assistant Commissioner for Regional Operations Michael Hirniak noted that the job openings rate in New Mexico was 4.7 percent in March and 5.9 percent in the previous month. (See chart 1 and table 2.) The job openings rate nationally was 4.3 percent in March and 4.5 percent in February. (See table 3.) All data in this release are seasonally adjusted.

  Line chart of job openings as a percent of employment for the United States and New Mexico, March 2021 to March 2025, seasonally adjusted. Accessible version is available in View Chart Data link below the chart.
View Chart Data
 

The ratio of unemployed persons per job opening in New Mexico was 1.0 in March. Nationwide, 34 states and the District of Columbia had ratios in March that were lower than the national measure of 1.0 unemployed persons per job opening; 4 states had ratios equal to the national ratio, and 12 states had ratios that were higher. (See map 1.)

Map 1. Number of unemployed persons per job opening by state, March 2025, seasonally adjusted

(U.S. ratio = 1.0)

 

In March, New Mexico had 31,000 hires and 32,000 separations, compared to 39,000 hires and 32,000 separations in February. (See chart 2.) Over the 12 months ending in March, hires and separations each averaged 33,000 per month. These averages include workers who may have been hired and separated more than once during the year.

  Line chart of hires and total separations in New Mexico, March 2021 to March 2025, seasonally adjusted (in thousands). Accessible version is available in View Chart Data link below the chart.
View Chart Data
 

Among the March separations in New Mexico, 19,000 were quits and 11,000 were layoffs and discharges, compared to 17,000 quits and 12,000 layoffs and discharges in February. (See chart 3.) Over the year, quits averaged 19,000 per month, ranging from 16,000 to 23,000. Layoffs and discharges have averaged 10,000 per month, ranging from 8,000 to 12,000.

  Line chart of quits and layoffs and discharges in New Mexico, March 2021 to March 2025, seasonally adjusted (in thousands). Accessible version is available in View Chart Data link below the chart.
View Chart Data

The State Job Openings and Labor Turnover Survey estimates for April 2025 are scheduled to be released on Wednesday, June 18, 2025, at 8:00 a.m. (MT).

Upcoming Revisions to the JOLTS State Estimates

Effective with the release of May 2025 data on July 23, 2025, the Job Openings and Labor Turnover Survey (JOLTS) state estimates will incorporate the annual benchmark revisions to JOLTS national estimates, updated Current Employment Statistics (CES) employment estimates, and updated Quarterly Census of Employment and Wages (QCEW) data. Seasonally adjusted and not seasonally adjusted data from January 2020 forward are subject to revision. In addition, 2024 annual estimates for states will be released at this time.


Technical Note

This news release presents statistics from the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). The JOLTS program provides information on labor demand and turnover. The state estimates produced by JOLTS are model-based, incorporating JOLTS sample, Quarterly Census of Employment and Wages (QCEW), and Current Employment Statistics (CES) estimates. For more information see the JOLTS State Estimates Methodology.

Job Openings. Job openings include all positions that are open on the last business day of the reference month. A job is open only if it meets all three of these conditions:

  • A specific position exists and there is work available for that position.
  • The job could start within 30 days.
  • The employer is actively recruiting workers from outside the establishment to fill the position.

The number of unemployed persons per job opening is a ratio of the level of unemployed persons and the level of job openings. The number of unemployed persons at the national level is an estimate from the Current Population Survey (CPS), while state-level unemployment estimates are modeled by the Local Area Unemployment Statistics (LAUS) program. A ratio of 1.0 means there is a job available for every unemployed person. Lower ratios signal tighter labor markets, where firms have more job openings than there are unemployed persons available to work. Higher ratios indicate there are more unemployed persons competing for each job opening.

Hires. Hires include all additions to the payroll during the entire reference month.

Separations. Separations include all separations from the payroll during the entire reference month and is reported by type of separation: quits, layoffs and discharges, and other separations.

  • Quits include employees who left voluntarily, except for retirements or transfers to other locations.
  • Layoffs and discharges include involuntary separations initiated by the employer.
  • Other separations include retirements, transfers to other locations, separations due to employee disability, and deaths.

Levels and rates of other separations represent a small portion of total separations and are not published with the release of state estimates.

Complete definitions, including exclusions, and additional information about the State JOLTS data presented in this release are available in the State Job Openings and Labor Turnover Technical Note.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: 202-691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Job openings and labor turnover for New Mexico, seasonally adjusted (in thousands)
EstimateMarch 2024December 2024January 2025February 2025March 2025(p)Change from February 2025 to March 2025(p)

Openings

5754535644-12

Hires

3341303931-8

Total separations

34313232320

Quits

20182017192

Layoffs & discharges

121091211-1

(p) Preliminary.

Table 2. Job openings and labor turnover rates for New Mexico, seasonally adjusted
EstimateMarch 2024December 2024January 2025February 2025March 2025(p)Change from February 2025 to March 2025(p)

Openings(1)

6.15.75.65.94.7-1.2

Hires(2)

3.74.63.34.33.4-0.9

Total separations(3)

3.83.53.63.63.60.0

Quits(3)

2.32.02.21.92.10.2

Layoffs & discharges(3)

1.41.11.01.31.2-0.1

(p) Preliminary.
(1) The job openings rate is computed by dividing the number of job openings by the sum of employment and job openings and multiplying that quotient by 100.
(2) The hires rate is computed by dividing the number of hires by employment and multiplying that quotient by 100.
(3) The separations rate is computed by dividing the number of separations by employment and multiplying that quotient by 100. The quits and layoffs and discharges rates are computed similarly.

Table 3. Job openings and labor turnover rates for the United States, seasonally adjusted
EstimateMarch 2024December 2024January 2025February 2025March 2025(p)Change from February 2025 to March 2025(p)

Openings(1)

4.94.54.74.54.3-0.2

Hires(2)

3.53.43.43.43.40.0

Total separations(3)

3.33.23.33.33.2-0.1

Quits(3)

2.11.92.02.02.10.1

Layoffs & discharges(3)

1.01.11.11.11.0-0.1

(p) Preliminary.
(1) The job openings rate is computed by dividing the number of job openings by the sum of employment and job openings and multiplying that quotient by 100.
(2) The hires rate is computed by dividing the number of hires by employment and multiplying that quotient by 100.
(3) The separations rate is computed by dividing the number of separations by employment and multiplying that quotient by 100. The quits and layoffs and discharges rates are computed similarly.

 

Last Modified Date: Thursday, May 22, 2025