Sources & References
Metro Job Market Pulse · Farmington, NM MSA · October 2026
Every advertised-pay, job-posting and industry figure in this briefing comes from WageScape's own database of active job postings. The sources below back the external facts cited in the written analysis.
Sources cited in this report
Key Indicators
New Mexico unemployment rate 4.7% in August 2026
New Mexico Department of Workforce Solutions — State labor market release, Sept 18, 2026
National nonfarm payrolls added 29,000 jobs in September, unemployment 4.2%
Bureau of Labor Statistics — September 2026 employment situation report
This Month's Takeaways
National wage growth 3.0% vs inflation 3.4%, lowest since May 2021
Bureau of Labor Statistics — Average hourly earnings and CPI data
Local Economic Conditions
Farmington MSA nonfarm employment down 2.5% year-over-year
New Mexico Department of Workforce Solutions — December 2025 Labor Market Review
Mining/oil and gas share of metro employment fell from 8.4% to 6.8%
New Mexico Department of Workforce Solutions — Regional employment composition data, 2019-2023
Looking Ahead
New Mexico civilian labor force declined from 982.4k to 969.8k
New Mexico Department of Workforce Solutions — Labor force participation trend data
How the numbers are calculated
- Advertised pay is the median of the pay ranges employers publish in active job postings in this metro. It is not survey or payroll data.
- Percent changes compare the latest six full months with the six months before that, for the same metro and sector.
- Sectors group postings by the employer's industry (NAICS) classification into ten sectors. Where a metro has too few postings in a sector, the state figure is used instead.
- Role pay trends use the same comparison windows. "Stable" means a change of less than 3%; "moderate" 3–10%; "significant" more than 10%.
Official data for comparison