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Santa Fe, New Mexico's Living Wage Ordinance And Its Effects On The Employment And Wages Of Workers In Low-Wage Occupations', Justin B. Hollis
Santa Fe, New Mexico's Living Wage Ordinance And Its Effects On The Employment And Wages Of Workers In Low-Wage Occupations', Justin B. Hollis
Economics ETDs
In June of 2004 the City of Santa Fe enacted a living wage ordinance requiring an $8.50 minimum wage, the largest increase of a universal coverage municipal wage floor over its previous prevailing minimum of any municipal living wage law preceding it. Using occupational employment and wage estimates from the U.S. Bureau of Labor Statistics Occupational Employment Statistics program, this paper analyzes the impact of Santa Fe's living wage on workers in low-wage occupations. Our estimates compare labor market outcomes for low-wage workers in Santa Fe and Albuquerque and show low-wage workers in Santa Fe experienced substantial hourly wage increases, …