Keyword: payroll

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    02/20/2017 5:36:51 AM PST · by TangoLimaSierra · 27 replies
  • U.S. payrolls gain in April smallest in seven months

    05/06/2016 6:02:37 AM PDT · by RayofHope · 8 replies
    Reuters ^ | 05/06/2016 | By Lucia Mutikani
    WASHINGTON (Reuters) - The U.S. economy added the fewest number of jobs in seven months in April and Americans dropped out of the labor force in droves, signs of weakness that cast doubts on whether the Federal Reserve will raise interest rates before the end of the year. Nonfarm payrolls increased by 160,000 jobs last month as construction employment barely rose and the retail sector shed jobs, the Labor Department said on Friday. That was the smallest gain since September and below the first-quarter average job growth of 200,000. Employers added 19,000 fewer jobs in February and March than previously...
  • U.S. Adds 257,000 Jobs in January, Wages Still a Concern

    02/06/2015 5:42:37 AM PST · by mykroar · 14 replies ^ | 2/6/15 | Dunstan Prial
    The unemployment rate was 5.7%, according to figures released Friday by the U.S. Labor Department, slightly higher than the December rate as more Americans re-entered the work force. Economists had predicted 234,000 new jobs last month and that the unemployment rate would hold steady at 5.6%. Average hourly earnings for all employees on private nonfarm payrolls rose by 0.5% in January, a turnaround from December, when wages fell by 5 cents to $24.57. Over the past 12 months, average hourly earnings have risen by just 1.7%, well below the 3% rate economists say is healthy. The labor force participation rate...
  • Payroll growth slumps in August; unemployment rate down to 6.1%

    09/05/2014 6:44:06 AM PDT · by SeekAndFind · 21 replies
    CNBC ^ | 08/05/2014 | Jeff Cox
    Job growth cooled in August, with nonfarm payrolls adding just 142,000 even as the unemployment rate fell to 6.1 percent, according to the Labor Department. The fall in the headline rate came as labor-force participation fell, declining to 62.8 percent, or 64,000 workers, tying the 2014 bottom and remaining at the lowest level since 1978. Economists expected payroll growth of 225,000 in August following July's upwardly revised 212,000. The unemployment rate was forecast to drop to 6.1 percent from 6.2 percent. August's number are a notoriously volatile set, with 2013's initially reported 169,000 ultimately revised up to 238,000. In 2011,...
  • Get Paid in Bitcoin With BitPay’s New Payroll API

    01/14/2014 7:53:53 AM PST · by Errant · 29 replies
    Coin Desk ^ | 14 January, 2014 | Jon Southurst
    What’s the easiest way to get bitcoins into your wallet? Answer: Get paid in bitcoin. BitPay, the world’s largest digital currency payment processor, now lets employees do that with the beta release of its Bitcoin Payroll API for employers. “For the longest time the hard question was ‘How do I buy bitcoin?’” said Tony Gallippi, co-founder and CEO of BitPay. “Now the answer is easy: ‘Ask your employer.’” American W-2 employees (see below) can elect to have all, or part, of their salary paid in bitcoin for every pay period. It works as a ‘net payroll deduction’, meaning taxes and...
  • Labor Department tells Arkansas businesswoman she can't have volunteers

    01/09/2014 1:14:57 AM PST · by Cincinatus' Wife · 39 replies
    Washington Examiner ^ | January 8, 2014 | SEAN HIGGINS
    Ladies and gentlemen, be careful who you volunteer for — you could be doing them a lot more harm than good. The federal government sometimes takes dim view of such generosity. Just ask Rhea Lana Riner. She owns a small Arkansas-based business that organizes consignment sales. Since August, the Labor Department has been threatening her with stiff financial penalties, saying her business practices are illegal. It has even been contacting donors to her events and encouraging them to instigate legal action against her. Why? Well, the department says Riner cannot legally allow the people who provide items for sale to...
  • U.S. Payroll to Population and Unemployment Worsen in May

    06/06/2013 8:54:44 AM PDT · by george76 · 2 replies
    Gallup ^ | June 6, 2013 | Jenny Marlar
    The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, worsened in May, dropping to 43.9%, from 44.5% in April. P2P is also down from May 2012, when it was 44.4%. ... Gallup's P2P metric is an estimate of the percentage of the U.S. adult population aged 18 and older who are employed full time by an employer for at least 30 hours per week. P2P is not seasonally adjusted.
  • Employment Stagnation: Non-farm Payrolls Increased Only 88k, Not In Labor Force Skyrockets 663k

    04/05/2013 7:32:10 AM PDT · by whitedog57 · 3 replies
    Confounded Interest ^ | 04/05/2013 | Anthony B. Sanders
    I am speaking to a group in Dallas on Monday on the housing market, specifically any headwinds to a full recovery. Today’s jobs numbers illustrate the headwinds to an economic and housing recovery. According to the Bureau of Labor Statistics (BLS), nonfarm payroll employment edged up in March (+88,000), and the unemployment rate was little changed at 7.6 percent. That is the good news. The bad news? The number of people not in the labor force which in March skyrocketed by 663,000 to a record 90 million. This was the biggest monthly increase in people dropping out of the labor...
  • Payrolls Plunge To 88K, Biggest Miss Since December 2009, Participation Rate At New 30 Year Low

    04/05/2013 5:36:53 AM PDT · by Perdogg · 44 replies
    So much for "open-ended QE driven recovery". Moments ago the March Non-farm payroll hit and it was a doozy, printing at 88K, below the lowest forecast of 100K, well below the expected number of 190K, and a tragedy compared to the February revised print of 268K (was 236K). This was the biggest miss to expectations since December 2009 and the worst print since June 2012. The unemployment rate declined to 7.6%, but this was due entirely to the collapse in the labor force participation rate, which declined by 20 bps to 63.3%, a new 30 year low. And now the...
  • ADP Data Brings Lower Expectations for Payrolls and Unemployment Friday

    04/03/2013 7:05:49 AM PDT · by John W · 9 replies ^ | April 3, 2013 | Jon C. Ogg
    We already saw a less robust outlook from TrimTabs showing that estimated job growth for March was 156,000. That was up from its 100,000 job growth February estimate, but the report shows that actual job growth is significantly weaker than the Labor Department reported in the first quarter and not enough to reduce the rate of unemployment. Now we have the ADP report coming in much weaker at 158,000, versus 192,000 projected by Dow Jones, and projected to be 205,000 in new payrolls by Bloomberg. Ads by Google These are merely preliminary attempts to benchmark the payrolls reports from the...
  • ADP: Private sector job growth slowed in March

    04/03/2013 6:27:13 AM PDT · by SeekAndFind · 4 replies
    CNN Money ^ | 04/03/2013 | By Tami Luhby
    The pace of hiring by private employers slowed last month. Only 158,000 jobs were added, according to a report issued Wednesday by payroll-processing firm ADP. This missed the consensus forecast from of 197,000 jobs, and was a sharp drop from February's job growth, which was revised upwards to 237,000 jobs added. "The job market continues to improve, but in fits and starts," said Mark Zandi, chief economist of Moody's Analytics. "Construction employment gains paused as the rebuilding surge in the wake of Superstorm Sandy ended. Anticipation of health care reform may also be weighing on employment at companies with...
  • Bankrate: Payroll tax increase hits middle-income households hardest

    03/25/2013 10:35:25 AM PDT · by TurboZamboni · 14 replies
    baltimore sun ^ | 3-25-13 | Eileen Ambrose
    <p>Nearly half — 48 percent — of American workers haven’t noticed that more money is being taken out of their paychecks for the payroll tax that funds Social Security, according to a survey released today by</p> <p>In the previous two years, workers’ paid 4.2 percent of wages (on income of up to $113,700 this year) instead of 6.2 percent. But during last year’s tax negotiations to avoid the fiscal cliff, the payroll tax holiday wasn’t extended. Many predicted at the time that low-income workers would be the most hurt by the payroll tax going up 2 percentage points.</p>
  • Middle Class Taxes Just Went Up

    01/03/2013 9:38:08 PM PST · by RC one · 13 replies
    USNews ^ | January 2, 2013 | Rick Newman
    Obama Breaks Promise to Not Raise Taxes on the Middle Class. The headline news from the recent deal to avert the fiscal cliff is that Congress is raising tax rates on wealthy individuals for the first time in nearly two decades. Less noticed is something that may be equally momentous: Congress just raised taxes on the middle class as well.virtually every worker will still get a smaller paycheck in 2013, because of another tax measure that expired. Beginning in 2009, Congress cut the payroll tax—which helps finance Social Security—to put a bit of extra spending money in workers' pockets. The...
  • Waxman: (obsessive) GOP 'so stupid' to include Keystone pipeline in payroll tax package

    01/26/2012 4:50:38 PM PST · by Libloather · 9 replies
    The Hill ^ | 1/26/12 | Mike Lillis
    Waxman: GOP 'so stupid' to include Keystone pipeline in payroll tax packageBy Mike Lillis - 01/26/12 05:15 PM ET A senior Democrat on the payroll tax conference panel had some strong words Thursday for Republicans hoping to attach Keystone pipeline language to the package. "That is so stupid, already, for them to be pushing the Keystone pipeline issue in this bill, in this conference," Rep. Henry Waxman told reporters gathered near the Chesapeake Bay for the Democrats' annual caucus retreat. "The pipeline issue is one that the Republicans are obsessing over." The California Democrat suggested that a provision forcing approval...
  • Uncle Sam spending his way to financial disaster

    01/21/2012 6:05:33 AM PST · by cap10mike · 6 replies ^ | January 20, 2012 | Michael Dorstewitz
    Sam’s a profligate spender. No matter how much he earns, it’s never enough, and his mounting credit card debt is proof. Ironically, Sam is concerned about his retirement, so he takes a second, part-time job and deposits all those earnings into an IRA. While Sam’s personal finances are teetering on the edge, his retirement account is firmly planted on solid ground. Sam repeatedly raises the limit on his credit cards, but it doesn’t keep up with his lifestyle. His accountant is always on Sam’s case to follow a budget, but Sam hasn’t even prepared one. To ease some of the...
  • Congress punts hard payroll tax work to 2012 (Didn't Boehner warn everyone about that?)

    12/25/2011 12:26:35 AM PST · by Libloather · 17 replies
    Yahoo ^ | 12/23/11 | Richard Cowan and Rachelle Younglai
    Congress punts hard payroll tax work to 2012By Richard Cowan and Rachelle Younglai Reuters – Fri, Dec 23, 2011 WASHINGTON (Reuters) - President Barack Obama signed into law a two-month payroll tax cut extension on Friday, capping a year of fierce partisan combat over taxes and spending that will resume in January and play heavily in the 2012 elections. The Senate and the House of Representatives, by voice votes in chambers nearly emptied for the holidays, passed a $33 billion (21 billion pounds) bill to keep the payroll tax rate at 4.2 percent through February. It had been scheduled to...
  • The Democratic Party's War Against Promotions

    12/23/2011 5:20:47 PM PST · by jfd1776 · 2 replies
    The American Thinker ^ | December 23, 2011 A.D. | John F. Di Leo
    The December 2011 battle in Washington, D.C. -- a battle over continuing a Social Security tax-cut for another year, or even another two months -- demonstrates the differences between the parties in stark detail, both in terms of campaign methods and economic ideology. Most commentators have focused on the campaign methods: brilliant, isn't it, how the Democrats have turned the tables on the GOP, making it look like the GOP is fighting a tax cut? Pundits laugh at the "tax cut party" being put in the position of opposing a tax cut that all workers' pay, while simultaneously opposing the...
  • RUSH: We Stand for Principle Over Politics and the Establishment Can't Stand It

    12/23/2011 1:56:05 AM PST · by Yosemitest · 23 replies ^ | December 21, 2011 | Rush Limbaugh
    We Stand for Principle Over Politicsand the Establishment Can't Stand It December 21, 2011 BEGIN TRANSCRIPT RUSH: "House Democrats tried Wednesday to force a vote on the Senate’s two-month extension of the payroll-tax cut, but Republicans gaveled the House closed to prevent them from having a chance, as top GOP leaders huddled down the hall to try to figure a way out of the mess. The House was set to hold a pro forma session, but two top Democrats, Reps. Steny H. Hoyer and Chris Van Hollen, demanded to be recognized to try to force a vote on the...
  • The Hubbard City Cafe

    12/22/2011 10:51:47 PM PST · by HMBillson · 3 replies
    thehubbardcitycafeblogspot ^ | December 22, 2011 | Jim Hammock
    The Idiot In The White House I just watched an idiot on television. He was speaking to the American Public from the White House. He said that most Democrats and Republicans in the Senate passed a bill to stop a tax increase on 160 million Americans that he would sign. He said it is being held up by a faction of Republicans in the House. The idiot in chief said the average American would have their taxes raised by $1,000 on an annual basis. The idiot then said that would result in taking $40 per week from their paychecks. Any...
  • Gas Prices Hit Record High Averages in 2011 (Costs average family $4,155 more! Way to go Hussein!)

    12/22/2011 1:28:56 PM PST · by Recovering_Democrat · 62 replies · 1+ views ^ | 12/21/11 | Addison Speck
    ...this years average cost of fuel sets a new record. For 2011, the national average price for fuel is about $3.50 a gallon. That accounts for about 8.4% of the average American family’s income, the highest percentage in 30 years. The average American household will have spent, a record, $4,155 filling up this year. Though it’s not what some Eastern Iowans wanted to hear, for many it wasn’t a surprise.