New Mexico Minimum Wage 2024 Increase Date

New Mexico Minimum Wage 2024 Increase Date. New mexico minimum wage rate is $12.00 per hour in 2024. *beginning january 1, 2024, the new mexico minimum wage act the minimum wage in new mexico remains $12.00 per hour and the city of albuquerque minimum wage.

According to conasami, the new minimum wage should directly benefit over 8.9 million formally employed individuals, representing 40% of the total insured workers under imss. The national minimum wage commission said friday the daily minimum wage will rise to 248.93 pesos ($14.50) from 207.44 pesos in 2023.