Job Market Monitor
Payroll tax
US / Payroll Tax Hike – Not good for jobs
Wal-Mart Stores Inc. on Thursday joined a parade of retailers, restaurants and consumer-goods companies worried about the economic impact of the recently restored federal payroll tax that has left Americans with less money to spend. The world’s largest retailer, Burger King Worldwide Inc., Kraft Foods Group Inc. and others are lowering forecasts and adjusting sales … Continue reading
Trends in Canada’s Payroll Taxes
This short paper is the first in a new Caledon series, caledon social statistics. Using a combination of illustrative graphs and explanatory text, the series will explore social programs, tax benefits and trends in low income and other major social and economic indicators. In addition to income taxes, Canadians pay employment-related taxes, known as payroll … Continue reading
Unemployment Extension – Version 2 – Nicole Kurokawa – Townhall Conservative Columnists – Page 1
Passed last week as part of a comprehensive payroll tax cut/doc fix/general handout bill, Congress also moved to extend unemployment benefits. That’s hardly a surprise, given the reluctance of fiscal conservatives to take any stand that could be construed as incentives to out-of-work voters. While extending the enhanced federal unemployment program, the bill will scale … Continue reading
Unemployment Extension – jobsearch.about
Congress has passed and President Obama has signed extension of federal extended unemployment benefits programs and the payroll tax cut. Federal extended benefits for long-term unemployed workers will be gradually reduced to 73 weeks in the states with the highest rates of unemployment and 63 weeks elsewhere. Here’s a summary of the changes: Extended Unemployment Tiers 2012 … Continue reading
Obama signs payroll tax agreement into law – CNN.com
President Barack Obama on Wednesday signed into law the agreement passed by Congress last week to extend the payroll tax cut and unemployment benefits while preventing a cut in payments to Medicare doctors. The signing, announced in a White House statement, resolves those issues for the rest of 2012, beyond the November election in which … Continue reading
To Claim Unemployment Benefit, You May First Have To Do A Drug Test | Economy Watch
In a deal to extend the payroll tax cut and unemployment benefits, Congress has passed a law that would soon allow states to conduct drug-tests before handing out payments. While the Republicans initially wanted to extend the drug-tests to all unemployment benefit applicants, the new law would only allow the tests to be conducted on … Continue reading
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