Report: State Minimum Wage Has Lost 16 Percent of its Purchasing Power
“Food, utilities, rent, and basics like diapers, have all gotten more expensive in the last nine years, but our minimum wage has stagnated. That $7.50 does not buy what it bought in 2009,” said James Jimenez, executive director of NM Voices. “Given our rate of child poverty, which is the highest in the nation, it’s unconscionable that we haven’t raised the minimum wage to help New Mexico’s hard-working families and our economy.”