New Mexico's Minimum Wage Increases To Start New Year

From KOB-TV:

A new minimum wage went into effect across New Mexico Friday. Most workers making minimum wage will earn $10.50 an hour, an increase of $1.50.

The increase was approved in 2019.

Under a bill, signed by governor Michelle Lujan Grisham, wages will continue to go up, in phases, to $12 per hour by 2023.

A lot of groups advocated for the increase. But businesses are now concerned about what the increase will mean as they try to work through a pandemic.

"With all that is facing restaurants in New Mexico due to the pandemic, this increase will only deepen the crisis for the industry, and once we can open back up it will only slow the rehiring at restaurants across the state," a statement from the New Mexico Restaurant Association.

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