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NM’s pandemic economy, by the numbers

In this file photo from May, Samuel Marcus, from California, and Mandi Makala of France walk through the Santa Fe Plaza. Leisure and hospitality businesses have been hit especially hard in the pandemic. (Eddie Moore/Journal)

80,278

The number of initial unemployment claims filed by New Mexicans between March 19 and April 9. This three-week period, which began after Gov. Michelle Lujan Grisham announced sweeping restrictions on business activity to curb the spread of COVID, brought the highest concentration of job losses since the New Mexico Department of Workforce Solutions began tracking unemployment data.


65,100

The number of total non-farm jobs New Mexico lost between December 2019 and December 2020, accounting for about 7.5% of all jobs in New Mexico. While the state has recovered some of the jobs it lost early in the pandemic, experts agree that a full recovery may still be years away.


374,058

The number of passengers who boarded flights out of the Albuquerque International Sunport from July through December, a 74.2% decline compared to the same period of 2019. Travel restrictions and fear of flying suppressed travel numbers since the pandemic reached New Mexico last March, and some industry experts believe the industry may not fully recover for three or four years.


34.9%

The occupancy rate at Albuquerque hotels in May. Late spring, typically the start of high season for Albuquerque hotels, was a tough time for Albuquerque hoteliers, as travel restrictions and fear of contracting the virus kept hotels far from their normal peaks.


41

The number of active oil rigs in September 2020 — down from the record high of 117 on March 13, 2020. The rig count has climbed back to 61 as of late February, but that’s still 48% below the record high in March 2020.


About 67,400

The number of electric utility customers statewide with past-due bills who would have been facing disconnection as of the end of 2020 if not for the ongoing disconnect moratorium imposed by the Public Regulation Commission.


About 30,700

The number of natural gas customers with past-due bills who would have been facing disconnection as of the end of 2020 if not for the ongoing disconnect moratorium imposed by the Public Regulation Commission.

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Albuquerque Journal seeks stories of our community's pandemic loss

If you’ve lost a loved one to COVID-19 and would like for the person to be included in an online memorial the Journal plans to publish, please email a high-resolution photo and a sentence about the person to Please email yourstory@abqjournal.com
Please include your contact information so we can verify, and your loved one’s name, age, community where they lived and something you want our readers to know about them.

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