Albuquerque’s New Minimum Wage Rate - Is it fair to business Owners?

Real Estate Agent 16784

Albuquerque’s New Minimum Wage Rate - Is it fair to business Owners?

The voters of Bernalillo County passed a New Minimum Wage Rate of $8.50 per hour, which has come under harsh criticism from local business owners who claim they can’t afford it.

As one who supported the minimum wage increase, I find it odd that there is so much discord.  All they have to do is pass it onto the consumers.  It seems to me that it would make good business when their employees can afford to make ends meet.  But let’s analyze this…for an employer who currently hires 50 employees at $8.50 versus $7.50, we are talking about difference of $2000 per week.  Are you telling me me that their margin is so tight that there is no room for small adjustments?  If a businessman has to be out on the street in front of the TV, it seems to me that there is a lot more for him to worry about.  Or maybe it is just politics.

Even unskilled labor sometimes has choices.  It is likely that employees will move to the employers who pay the new minimum gage instead of those who will not. 

Thinking about buying a home in Albuquerque? You can get information about Homes Available for Sale in Albuquerque, NM click the above link, call or text me at (505) 750-8550

Posted by

albuquerque real estate

Here are my Facebook Fan Pages. I would appreciate it if you would visit and like them.

Beautiful Bernalillo CountyLivingAlbuquerque, and Lloyd & Associates Real Estate.

C. Lloyd McKenzie, MBA

NM Real Estate Broker

Phone: (505)750-8552

Areas Served: Albuquerque Metro/ Algodones/ Bernalillo/ Cedar Crest/ Corrales/ Edgewood/ Los Lunas/ Los Ranchos de Albuquerque/ Placitas/ Rio Rancho/ Sandia Park/ Tijeras


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate General Information
New Mexico Bernalillo County Albuquerque
albuquerques new minimum wage rate is it fair to business owners

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


C. Lloyd McKenzie

Living Albuquerque
Ask me a question
Spam prevention

Additional Information