Underemployment Rate

Source: New Mexico Department of Workforce Solutions, US Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics
Note: The Underemployment Rate for Santa Fe County is estimated based on the ratio between the Underemployment Rate and Unemployment Rate for the State of New Mexico and applying that ratio to Santa Fe County’s Unemployment Rate. (Underemployment Rates are not calculated at the local level by the Bureau of Labor Statistics.) Underemployment is generally defined as those in the workforce who are unemployed as well as those who are employed but working fewer hours per week than they would prefer due to personal economic need.