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Despite Continued Layoff News, Latest Data Shows Resilient U.S. Job Market

Allwork

nonfarm payrolls far exceeded economists’ predictions of 185,000 jobs. Job gains were recorded in professional and business services, health care, retail trade, and social assistance, according to the BLS report. Additionally, December’s payrolls were revised to 333,000 from 216,000. ADP reported 5.2%

Payroll 263
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U.S. Job Market Surges in September with Service Industry Leading the Charge

Allwork

According to a jobs report published by the U.S. Bureau of Labor Statistics , nonfarm payrolls surged by 336,000 — significantly surpassing the Dow Jones estimate of 170,000. This growth is the most substantial since January and shows the resilience of the U.S. This was followed by government, health care, and professional services.

Payroll 147
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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. These incentives are fully taxable and are subject to W-2 reporting.

Payroll 52
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

The beginner’s business finance glossary “Our P&L report shows that our revenue is now greatly exceeding our expenses, and we’re showing a considerable profit.” “In Your total revenue will appear on your business’s profit & loss report (more on this in a bit). All your current liabilities. Your total equity.

Finance 105