The percentage of unemployed residents was less than the statewide total of 41.5 percent for this demographic group. In 2017 the total Velarde population reached 283.
Out of 262 people who had a job, all belonged to the civilian labor force.
The total unemployment numbers include residents of all ages who are not working.
Employment status in Velarde for 2017
| Employment status | Number of people | Percentage of population |
|---|---|---|
| Not employed | 21 | 7.4 |
| Employed | 262 | 92.6 |
| Employed in civilian labor force | 262 | 92.6 |
| Employed in armed forces | 0 | 0 |
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