Albuquerque to Job Growth: Drop Dead

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Two Albuquerque city councilors have drafted the “Fair Workweek Act,” which would mandate that businesses offer nonsupervisory employees paid sick leave. It would also require the posting of schedules “three weeks in advance,” “modest compensation for last-minute schedule changes,” and “adequate rest time between shifts.”

Really? Are more regulations the answer to Albuquerque’s ailing economy?

The city has 17,100 fewer jobs today than when it reached its pre-Great Recession employment peak in March 2007. That’s not a misprint — it’s been more than eight years, and Albuquerque has yet to climb back to the number of jobs it had nearly two years before Barack Obama assumed the presidency.