Economic Security and Prosperity2021-08-20T09:05:34-06:00

Economic Security and Prosperity

The economy should work for everyone, not just a select few. But for New Mexicans who lack job skills and education, and work in low-wage jobs with little hope for advancement, economic security is just a dream. Long-term economic prosperity involves promoting economic and workforce development opportunities for all New Mexicans, as well as supporting access to adequate wage and work supports for those in crisis and those who are unable to work.

Featured Content

Eligible but Excluded: How Systemic Inequities in Language Access are Impacting Asian, Pacific Islander, and African Immigrant and Refugee Communities During the Pandemic

A follow-up to our Essential but Excluded report, this looks at how Asian/Pacific Islander and African immigrants and refugees are unable to access public benefits for which they are eligible – and not just during the pandemic – due to a pervasive lack of language access at many state agencies. This, despite federal laws requiring such access.

Tax Policy: A Powerful Tool to Advance Racial Equity in New Mexico

Systemic racism isn’t accidental – it’s the result of public policies that benefit one group while disadvantaging others. Our state and national tax systems have been built to benefit those at the top (who are mostly white) while disadvantaging people of color. This report looks at concrete ways New Mexico can make our tax system more equitable.

 

Essential But Excluded: How COVID-19 Relief has Bypassed Immigrant Communities in New Mexico

Despite the fact that immigrants work, pay taxes, and are a vital part of our economy, many were left out of the relief packages Congress passed to help blunt the pandemic-caused recession and assist displaced workers and small business owners. Not only is that harmful to many New Mexico children and families, it also will impede our ability to rebuild our economy. This report looks at ways the state an address the problem.

Recent Publications

Ending Childhood Food Insecurity in New Mexico

September 20th, 2021|

Report New Mexico's childhood food insecurity rate has long been at or near the highest in the nation. The pandemic and resulting recession only made it worse. This updated report looks at why food insecurity is such a problem in New Mexico, how it impacts children and families, and what the state can do about it. (State- and county-level data on food and economic insecurity)

All Publications

Recent Blog Posts

Putting New Mexico’s Babies First: How Paid Family and Medical Leave Gives Babies a Healthy Start

September 20th, 2021|

In homes across New Mexico, parents and caregivers have long been forced to make an impossible choice – one made even harder in the last 18 months by COVID-19. Do I care for my baby or sick family member, or do I leave them to work and earn the pay we need to survive? This choice has dire implications for babies, families, public health, and the economy.

All Blog Posts

Recent News Coverage

Everything you need to know about the Child Tax Credit – and possibly a little more

October 1st, 2021|

The U.S. Census Bureau is collecting data on how families are spending their monthly payments, so we know that the majority of the spending is going toward food. Wallin said that’s a good sign for a state that’s long struggled with childhood food insecurity. “We’re just glad to see that this relief is helping the families’ most basic needs,” she said.

All news coverage

Current Initiatives

Working Poor Families Project (WPFP) is a national initiative focused on strengthening state workforce development policies as a way of reducing poverty for working families. One way to address poverty among working Americans is with so-called ‘work supports,’ which help stabilize low-wage workers while assisting their climb up the job ladder. Work supports include child care assistance, health care coverage, funding for adult basic education and community college attendance, and unemployment insurance (UI) benefits.

Fiscal Policy Project, our program focusing on tax and budget policy, also covers work supports and wage issues.

Resources

A Basic Family Budget Calculator is an important tool in determining if a family lives in poverty, because the system currently in place to do that is completely outdated.

Federal poverty guidelines, which dictate whether a family is eligible to receive assistance such as Medicaid and Food Stamps, are tied to a formula that was created in the 1960s. It was based on what the typical family spent on groceries because that was a family’s biggest expense at the time. Today, necessities like housing, childcare and health care take up a far greater share of most family incomes than groceries. Not only do the guidelines not take these changes into account, they do not take into account regional differences in the cost of living.

Because the federal guidelines are so inaccurate, families are generally considered low-income when they earn up to twice (or 200 percent) the poverty level. This makes up for some shortfalls in the guidelines, but they are still nowhere near as accurate as a Basic Family Budget.

  • Click here to find out the minimum amount families need to earn in order to live at a basic, no-frills level in New Mexico’s cities and counties
Go to Top