Unemployment Rate in Albuquerque, NM (MSA) was 3.90% in December of 2025, according to the United States Federal Reserve. Historically, Unemployment Rate in Albuquerque, NM (MSA) reached a record high of 9.70 in July of 2020 and a record low of 2.80 in December of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Unemployment Rate in Albuquerque, NM (MSA) - last updated from the United States Federal Reserve on February of 2026.