![]() But even with its low unemployment rate - around 3.1% now - New Mexico still ranks 33rd in unemployment, an illustration of the nation's flourishing jobs economy, which must bring some chagrin to inflation fighters. New Mexico has led states with the biggest drop in unemployment from April 2022 to April 2023. New Mexico has been enjoying low unemployment, as have many other states, though central bank pressure to tamp down inflation should in theory be driving up unemployment.Īccording to the US Bureau of Labor Statistics, South Dakota had the lowest seasonally adjusted rate at 1.9%, with other Great Plains states also in pretty good shape - Nebraska at 2.0%, North Dakota at 2.1%. May's job numbers for New Mexico aren't due until the middle of this month, but it bears remembering where we are now. The report adds that more than 200,000 households in the state are cost-burdened.įigures like that are concerning and illustrate the need for a more long-term approach, unlike the temporary solution of safe spaces - some of which have been eyed for Menaul itself, but which have never been acceptable to neighborhood residents and business owners. A 2022 report shows a shortage of more than 30,000 homes for renters making less than 30% of the area median income. Inside today's edition, staff reporter Alaina Mencinger delves into the city's vision for the boulevard and what changes city officials want to see.Īlso inside, staff writer Matthew Narvaiz writes about another effort to address the state's affordable housing problem. It's been noticed, a city official pointed out. The part that concerns the city is blight, homelessness, and, well, dangerous dark alleyways in a central section of Menaul. It has industrial, residential, small business sections and eventually spills into the beautiful Menual Trailhead in the foothills to the east of the city. It's sometimes pleasant, sometimes blighted. 5-The city of Albuquerque's leadership has been talking about a renewal plan for troubled Menaul Boulevard, a well-traveled thoroughfare that wends its way through a varied scene, and is a type of microcosm of the city.
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