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U.S. Unemployment Hits Lowest Level Since 1969

Allwork

What’s going on: In April 2023, the United States experienced better-than-expected job growth, with 253,000 nonfarm payrolls added to the economy, according to CNBC. This number exceeded the predictions made by Wall Street, which had estimated that only 180,000 jobs would be created.

Payroll 218
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U.S. Added 263,000 New Jobs In November As Wages Continue To Rise

Allwork

Labor Department’s latest jobs report shows that the country added 263,000 nonfarm payrolls in November, exceeding economist expectations. . The leisure and hospitality industries led the pack in job growth with 88,000 new positions, followed by healthcare and government. However, hourly earnings grew 0.6% The post U.S.

Payroll 210
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Unemployment Rate Increases Despite Job Growth

Allwork

What’s going on: The latest Employment Situation report , released by the Bureau of Labor Statistics (BLS), reveals that the U.S. The report reveals that the unemployment rate rose by 0.3 The unemployment situation will continue to influence economic policies and business strategies. job market experienced growth in May.

Payroll 217
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It’s time to review (or create) your document retention policy

BMT Office Administration

They create a document retention policy that clarifies what needs to be saved, where, and for how long. Sticking to a set record retention policy eliminates guesswork and promotes efficiency. Businesses and nonprofits of all sizes should possess a written-out document retention policy. Such action raises concern about cover-ups.

Policies 105
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The Four Horsemen of the Mandated Return to Office

Allwork

Additionally, a September 2022 survey from the School of Politics and Economics at King’s College reported that 25% of respondents would quit if forced to return to the office full time. . Even finance, the industry leading the charge for returning to the office, suffered significant churn. Resistance . Compensation adjustments .

2022 342
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U.S. Census Pulse Survey Finds Small Businesses Getting Slammed

Small Business Labs

.   As the Census chart below (click to enlarge) shows , 51% of the small businesses surveyed reported that the pandemic was having a large negative effect on their business.    Another 39% reported it has had a moderate negative effect. reported the pandemic has had a positive effect on their business.  

Payroll 187
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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Knowing what to keep and the location of each document is vital to easy retrieval and to maintaining compliance with government and industry regulations. Accident reports. Payroll records for money or pay-related information such as: Timesheets. Payroll deduction forms. Medical leave of absence requests. Doctor’s notes.

Filing 121