Tag: inflation

Albuquerque is Raising the Minimum Wage to $15 by 2030 — Here’s How it Could Reshape Paychecks, Families, and Local Businesses

The Albuquerque City Council has approved a gradual increase in the city’s minimum wage, raising it to $15 an hour by 2030. Supporters say the measure will help working families cope with rising living costs, while businesses argue the phased approach gives employers time to adjust. The decision highlights the ongoing debate over wages, affordability and economic growth in New Mexico’s largest city.

Families Can Get $120 Per Child This Summer — But Many Still Don’t Know SUN Bucks Exists

As school cafeterias close for summer, New Mexico is expanding SUN Bucks, providing eligible families $120 per child for groceries during the break.

Gas, Drought, and Survival: Albuquerque Farmers Brace for a Tough Season at the Rail Yards Market

As Albuquerque’s Rail Yards Market opens for the season, local farmers say soaring fuel costs and worsening drought conditions are threatening their livelihoods. Some growers are raising prices to survive, while others absorb losses to keep produce affordable. Community-supported programs at the market are helping small farms weather mounting economic and climate pressures.

New Mexico Loses Thousands of Federal Jobs as Unemployment Climbs to its Highest since 2022

Federal job cuts push New Mexico’s unemployment to its highest since 2022, exposing the state’s reliance on government spending.