Posted in■ Jobs, Workers & Economy

Should Edgewood raise taxes to subsidize business growth?

Amidst months of discussion and debates over budget gaps and fire service costs, town commissioners asked the town’s Economic Development Advisory Board to evaluate a proposal to raise local taxes to incentivize new growth in Edgewood. Grant Taylor, a local economic development specialist who works with PNM and other large industries in the state, pitched […]

Posted in■ Jobs, Workers & Economy

New Mexico added 13,000 new jobs in Biden’s last year. Since Trump’s tariffs and wars, just 400.

New Mexico added 13,100 jobs in 2024, averaging 1,091 jobs per month during the last 12 months of President Joe Biden’s term in the White House. Now, the rate of job growth has slowed significantly, with the state’s public and private employers adding a net 400 jobs in the 12 months since President Trump implemented […]

Posted in■ Jobs, Workers & Economy

PNM, Blackstone commit $20 million to build New Mexico trades jobs needed for PNM renewables and statewide economic growth

Rosendo Najar stops at construction sites to check the tags on the trucks parked outside. Too often, he says, those trucks sport tags from Arizona or Texas, not New Mexico, and that means local developers are bringing in labor to do jobs trained New Mexican laborers can do. Najar, who is a leader with the […]

Posted in■ New Mexico Legislature #nmleg

NM revenue increases $850M due to Iran war, state economist estimates

By Patrick Lohmann, Source New Mexico — The ongoing war in Iran means $850 million more will flow into state coffers by the end of the current fiscal year ending June 30, according to new projections from the New Mexico Legislative Finance Committee. The projected windfall results from a sharp increase in the price-per-barrel of […]

Posted in■ Jobs, Workers & Economy

May Day draws thousands to Civic Plaza from unions, allies in fight for “Workers over billionaires”

Albuquerque – Thousands of people descended on Albuquerque’s Civic Plaza under unusually cloudy and windy skies Friday as a part of a day long May Day “strike” against a growing wealth and opportunity gap in the country. The events were organized by more than two dozen labor unions including Teamsters Local 492, UA Local 412, […]

Posted in■ Jobs, Workers & Economy

Sandoval County loses up to $284 million a year while nearly 50,000 residents drive to work elsewhere

Sandoval County is losing up to $284 million a year in workday spending because nearly 47,400 residents drive out of the county for work every day — and the businesses that could serve them during those hours don’t exist here yet, according to a market analysis presented to county commissioners Wednesday. Rio Rancho Regional Chamber […]

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