Albuquerque minimum wage increase garners overwhelming approval

by Robert P. Tinnin, Jr.

By an almost 2-1 margin, Albuquerque voters overwhelmingly approved a measure on the city ballot Tuesday that will raise the minimum wage from $7.50 per hour to $8.50 per hour effective January 1. The unofficial vote was 138,000 to 70,699. The current federal minimum wage is $7.25. The measure also will require the minimum wage to be adjusted annually to reflect increases (but not decreases) in inflation. Santa Fe now has the highest minimum wage in the nation–$10.29–and it is also indexed to inflation.

The New Mexico Business Weekly recently cited a study by The Rio Grande Foundation that estimated the passage of the minimum wage measure will cost the city of Albuquerque 1,300 jobs because businesses will likely lay minimum wage workers off rather than incur the additional cost of keeping them on the payroll. The measure will more severely affect those with low work skills, such as students. New Mexico Employment Law Letter will keep you apprised of further developments.

Robert P. Tinnin, Jr., is editor of New Mexico Employment Law Letter and a partner in Tinnin Law Firm, a Professional Corporation, in Albuquerque. He can be reached at rtinnin@tinninlawfirm.com.

 

About New Mexico Employment Law Letter:
Excerpted from New Mexico Employment Law Letter and written by attorneys at Tinnin Law Firm, A Professional Corporation and Foster, Rieder & Jackson, P.C. NEW MEXICO EMPLOYMENT LAW LETTER is published to provide information of general interest and not to provide legal advice regarding any specific situation. Questions and inquiries directed to specific applications of the information contained in this article should be addressed to an attorney. Contact attorneys at Tinnin Law Firm or Foster, Rieder & Jackson, P.C.
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