# Job destruction rate in New Mexico

Job destruction rate in New Mexico was 11.003% in 2023. Source: U.S. Census Bureau.

- Indicator id: `job_destruction_rate`
- Place id: `us-state-35`
- Unit: %
- Definition: Jobs lost at closing and shrinking establishments during the year, as a percentage of average employment in the two years. United States: Census Bureau Business Dynamics Statistics.
- Note: A gross flow: jobs added elsewhere are not subtracted, so the net change is job_creation_rate minus this rate. Not a layoff rate: it counts positions lost at establishments, not people who lost a job. The year is the twelve months to March: 2023 compares March 2022 with March 2023.
- Source: U.S. Census Bureau, Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010 (https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv)
- Publisher page: https://invokely.ai/en/publishers/us-census-bureau
- Retrieved: 2026-10-12
- License: Public domain (US federal government work, citation requested)
- Citation: U.S. Census Bureau. Business Dynamics Statistics: job destruction rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. Retrieved 2026-10-12.
- Web page: https://invokely.ai/en/job-destruction-rate/new-mexico
- API: https://invokely.ai/api/v1/series?indicator=job_destruction_rate&place=us-state-35

| Period | % |
|---|---:|
| 2023 | 11.003 |
| 2022 | 10.881 |
| 2021 | 17.172 |
| 2020 | 10.986 |
| 2019 | 10.786 |
| 2018 | 11.162 |
| 2017 | 12.516 |
| 2016 | 11.406 |
| 2015 | 10.636 |
| 2014 | 10.858 |
| 2013 | 13.404 |
| 2012 | 13.065 |
| 2011 | 11.95 |
| 2010 | 14.036 |
| 2009 | 16.155 |
| 2008 | 15.315 |
| 2007 | 15.502 |
| 2006 | 12.541 |
| 2005 | 13.999 |
| 2004 | 14.099 |
| 2003 | 14.429 |
| 2002 | 18.313 |
| 2001 | 16.411 |
| 2000 | 14.805 |
| 1999 | 16.208 |
| 1998 | 15.399 |
| 1997 | 17.564 |
| 1996 | 15.407 |
| 1995 | 13.447 |
| 1994 | 14.36 |
| 1993 | 14.575 |
| 1992 | 17.031 |
| 1991 | 17.607 |
| 1990 | 14.723 |
| 1989 | 16.996 |
| 1988 | 18.942 |
| 1987 | 20.199 |
| 1986 | 19.704 |
| 1985 | 17.385 |
| 1984 | 16.276 |
| 1983 | 21.254 |
| 1982 | 18.062 |
| 1981 | 18.09 |
| 1980 | 19.246 |
| 1979 | 16.137 |
| 1978 | 16.538 |