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employment

7 articles with this tag

Articles tagged with employment

KTSM•Dec 30

Las Cruces to Raise Minimum Wage to $13.01 Starting January 1

Beginning January 1, 2024, the minimum wage in Las Cruces will rise from $12.65 to $13.01 per hour, marking a significant increase for local workers. Additionally, the minimum wage for tipped employees will see a slight increase from $5.06 to $5.20 per hour. This change is part of an ordinance enacted in 2017 aimed at improving wages for workers in the city. The adjustment is crucial for many residents who rely on minimum wage jobs, reflecting ongoing efforts to enhance living standards in the region.

Community las-cruces employment
1 min read
KVIA•Dec 30

Colombia's Minimum Wage Soars 23.7%, Sparks Business Backlash

The Colombian government has announced a historic 23.7% increase in the minimum wage, raising it to 2 million pesos (approximately $535) for 2026, including transportation subsidies. President Gustavo Petro emphasized that this decision aims to improve living conditions for workers and reduce inequality, despite acknowledging potential inflationary pressures. This unilateral move follows failed negotiations with business and labor representatives, leading to significant criticism from business leaders who warn of adverse effects on inflation and employment. The increase is expected to generate additional public spending of around 400 billion pesos for every 1% rise in wages, raising concerns over the economic impact on vulnerable citizens.

Politics economy government
1 min read
KTSM•Dec 29

Texas Resident Admits Guilt in Over $160K COVID Relief Fraud Scheme

Marc Long, a 46-year-old man from Texas, has pleaded guilty to defrauding the New Mexico government out of more than $160,000 in federal employment relief funds during the COVID-19 pandemic. The New Mexico Department of Workforce Solutions reported that Long submitted false information to obtain these funds, impacting both government resources and financial institutions. This case highlights ongoing issues with fraudulent claims related to pandemic relief programs, which have been a significant concern nationwide. Sentencing details and potential repercussions for Long are yet to be announced.

Crime new-mexico fraud
1 min read
KTSM•Dec 27

Find Out If You'll Receive an Extra Paycheck This January

As the new year approaches, some El Paso residents might receive an additional paycheck in January due to the timing of pay periods. This situation typically affects those who are paid biweekly, as they may have a month with three paychecks instead of the usual two. Understanding this could provide a financial boost for individuals and families during the holiday season. It's important for employees to verify their pay schedule with their employers to confirm if they will benefit from this extra paycheck.

Business finance new-year
1 min read
KTSM•Dec 24

Moody's Economist Warns of Fragile Economic Growth Amid Job Concerns

Mark Zandi, the chief economist at Moody's Analytics, has issued a warning regarding the recently reported 4.3 percent GDP growth, labeling it as 'fragile' due to insufficient job creation. This cautionary note highlights the potential instability of the economy, suggesting that without a corresponding increase in employment, the growth may not be sustainable. Zandi's insights are crucial for policymakers and businesses in El Paso, as they navigate the economic landscape and consider future investments and job opportunities.

Business economy jobs
1 min read
KVIA•Dec 24

Beware of Job Offer Text Scams Targeting El Paso Job Seekers

As the U.S. grapples with a 4.3% unemployment rate, job offer scams are increasingly targeting hopeful job seekers in El Paso. The Federal Trade Commission has issued warnings about fake job texts that appear to come from reputable companies or recruiters, promising unrealistic job opportunities. These scams typically ask for sensitive personal information under the guise of hiring processes, leading to potential identity theft. Residents are urged to be vigilant and report any suspicious texts to protect themselves from financial loss.

Community fraud employment
1 min read
KVIA•Dec 23

Trump's Misleading Claims on Unemployment Rates Raise Concerns

Recent comments by former President Donald Trump regarding the U.S. unemployment rate have sparked debate over the accuracy of his claims. Trump asserted that the current unemployment rate of 4.6% is misleading and suggested he could easily reduce it to as low as 2.5% by re-hiring federal employees. However, this assertion is factually incorrect, as it would require hiring millions more than currently employed in government roles. The unemployment rate has risen due to a significant increase in joblessness, particularly affecting low-income workers and communities of color, with Black unemployment surpassing 8% for the first time in four years. Trump's narrative contradicts the lived experiences of many workers, who report difficulty in finding jobs, highlighting a disconnect between political rhetoric and economic reality.

Politics economy trump
1 min read