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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. Employment declined in the mining, quarrying, and oil and gas extraction industry. ADP reported 5.2%

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

Allwork

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. According to CNBC’s analysis of the figures, the unemployment rate settled at 3.8%, slightly above the forecasted 3.7%.

Payroll 147
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Employers may be responsible for employee damages from cyber security hacks

BMT Office Administration

Pay up: Maine wage-payment laws Employee self-service portals are a great innovation for Payroll and HR. This employee’s but-for analysis: But for the company’s failure to comply with industry standards appropriate for the nature of the sensitive, unencrypted information it was maintaining, his identity was stolen.

Payroll 98
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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. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0

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