![]() Regardless, the cutbacks are causing anxiety among employees at the newspaper, according to a source close to the situation. “‘Layoff’ is not a word we’re using,” Moses said. Reached by phone earlier in the day, Journal Managing Editor Karen Moses told NM Political Report that “we are doing some restructuring.” The newspaper will review the other positions before making a decision but will “definitely” put someone into an assistant city editor position, Fantl said.Īn internal newsroom email from late October obtained by NM Political Report suggests only one of the five departed newsroom staffers, editorial writer Sharon Hendrix, will come back “on a consulting basis.” Others “may come back on consultant agreements,” Fantl said. One of those positions, which belonged to staff writer Ollie Reed, is getting eliminated, Fantl confirmed. On top of this, five more reporters recently left the newsroom, and it’s unclear whether their positions will be refilled. The Albuquerque Journal recently eliminated six positions, including one in the newsroom, according to Brian Fantl, the newspaper’s senior vice president and chief operating officer. However, they were not counted as unemployed because they were not actively looking for work.ĭefying the Fed-induced pressure on wages, the average hourly earnings for all workers rose 11 cents, or 0.3 percent, continuing a yearlong trend for rising earnings.New Mexico’s biggest daily newspaper is scaling back. Still, the number of persons not working who wanted a job was 5.5 million, essentially unchanged from the previous month. labor force participation rate stood at 62.6% and the employment-population ratio, which is the percentage of people employed, stood at 60.4%, both below pre-pandemic levels Other statistics that are of interest: The number of long-term unemployed stood at 1.2 million, 19.8 % of all unemployed people. The report showed that the unemployment rate inched up by 0.3 percentage point to 3.7 percent in May, which means it was virtually unchanged, another sign of the Fed's tough road to cooling the job market. On Friday, the US Bureau of Labor Statistics released its May report, showing an increase of 339,000 jobs nationwide. Plus there are still people looking for work who can't find any. Nonetheless, those good job numbers are still tainted by a reticent workforce, which disappeared during the pandemic and hasn't returned fully. New Mexico Workforce Connection data puts Bernalillo County's unemployment rate at 2.7%, Valencia County's at 3.3%, Santa Fe County 2.6% and tiny Los Alamos County 1.5%. 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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