Policy reforms proposed to address jobs crisis

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By Fred Nathan

With more than 14 percent of the state’s workforce unemployed or underemployed, New Mexico should enact a package of policies that set the table for job creation, according to a new report released by Think New Mexico.
Think New Mexico is the nonpartisan, results-oriented think tank that has led campaigns to repeal New Mexico’s food tax and to enact three constitutional amendments to reform the Public Regulation Commission.
In a report titled, “Addressing New Mexico’s Jobs Crisis,” Think New Mexico presents a package of policy proposals designed to improve the climate for job creation in the state. These proposals are based on the recommendations outlined by the Ewing Marion Kauffman Foundation in its 2012 Start-Up Act for the States, which comprehensively studied job creation strategies across the nation. Based on that research, the Kauffman Foundation recommended that states enact policies to:
• increase the supply of potential entrepreneurs;
• reduce administrative burdens on business creation;
• facilitate the growth and development of existing companies. Think New Mexico’s new report offers one policy solution in each of these three areas.

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