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 […]
Jobs, Workers & Economy
Posted inLocal Government
City Council ejects speakers in raucous debate, before approving new Albuquerque minimum wage
By Jesse Jones, The Paper. — Burqueños workers making minimum wage have something to be excited about – if they have patience – after the Albuquerque City Council approved a $3 increase to the city’s minimum wage Monday night after a packed and at times raucous meeting that drew so many people that some were […]
Posted inJobs, Workers & Economy
Wages vs. Rents: Albuquerque council set to vote on historic $15 minimum wage overhaul tonight
By Jesse Jones, City Desk in The Paper. — Burqueño workers and small business owners could soon feel the impact in their wallets as the City Council prepares to vote tonight on an overhaul of the city’s minimum wage law. As written, the proposal would break from the state’s minimum wage base for the first […]
Posted inJobs, Workers & Economy
By the #s: Where New Mexico gas prices have risen the most since the Iran war began
By the #s: Where New Mexico gas prices have risen the most since the Iran war began By Patrick Lohmann, Source New Mexico –– The average price of gasoline in New Mexico has increased nearly $1.50 a gallon since February, when President Donald Trump began an armed conflict with Iran. While New Mexico generally has […]
Posted inJobs, Workers & Economy
STEM Educator Shelly Gruenig and her robots are a ‘force for good’
By Sara Atencio-Gonzales, The Paper. – Shelly Gruenig did not set out to build one of New Mexico’s most impactful STEM organizations. Twenty-one years ago, she was simply a homeschool mom looking for something fun for her son to do. “I stumbled across this robotics competition, and I was like, ‘Oh, we could do that. […]
Posted inJobs, 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 inSandoval County
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 […]
Posted inBernalillo County, Jobs, Workers & Economy, Local Government
Want a corporate tax handout? BernCo to make corps show community benefit to receive public subsidies
Companies that want tax breaks in Bernalillo County must now show how those corporate subsidies will turn into community benefits for taxpayers who fund them. The Bernalillo County Board of County Commissioners on Wednesday approved a first-of-its-kind resolution that requires businesses seeking public subsidies, including Industrial Revenue Bonds, to commit to local hiring, support for […]
Posted inJobs, Workers & Economy, Rio Rancho
Rio Rancho’s ‘pizza slice’ gets state’s shovel-ready stamp
A triangular, 43-acre lot near King and Unser boulevards, nicknamed “the pizza slice” for its unusual shape, is one of five properties across New Mexico to receive the state’s first “strategic economic development site” designations under the Site Readiness Program, announced by Gov. Michelle Lujan Grisham’s administration. The program, run through the New Mexico Economic […]
Posted inBernalillo County, Jobs, Workers & Economy
What does it cost to live in ABQ today? Living wage increases for singles, now exceeds $100K for families
By Jesse Jones — Even as wages inch upward across Bernalillo County, many residents still earn far less than what experts say it takes to cover basic needs like rent, food and child care. New data from the Massachusetts Institute of Technology’s annual Living Wage Calculator shows a single adult needs $21.87 per hour to survive in […]