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Job Training for Workers:
Helping New Mexico's Families and Businesses Succeed

New Mexico has invested record amounts of money in economic development in recent years, but if the state is to succeed in its goal of creating a high-wage economy, we must have a workforce trained to fill those jobs. Improving a worker's skills so they can move into higher paying jobs helps the worker and their family while assuring that the business has the workforce it needs to succeed.

Most of New Mexico's job-training dollars go to companies that relocate to New Mexico from elsewhere or simply open a new facility here. Often, they bring the key members of their workforce with them. Attracting new business is a good way to grow our economy, but Voices believes we should be investing more dollars in training the people already living and working here.

One proposal for funding additional worker training calls for placing a surtax on the Unemployment Insurance (UI) rates paid by businesses. UI tax rates could be lowered by an equal amount so the amount of tax paid would remain the same, but the surtax would go into a separate fund to pay for worker training. This solution is worth pursuing as it helps both workers and businesses without increasing taxes and without competing for state general fund monies.

New Mexico has a network of community colleges throughout the state that play a vital role in workforce training. Additional dollars for Adult Basic Education classes should also be a priority for economic development.

Without a trained workforce, our attempts to create a high-wage economy will fail. Helping families become self-sufficient by teaching them marketable skills and attracting high paying jobs benefits all of us. It's an investment in the future we can't afford to overlook.

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