Companies had to cut down on their staff strength during the economic recession, because of which many Americans faced layoff during this period. The recession is now over and the employment market is picking up. But it is still advisable that you keep yourself prepared for the possibility of a layoff if your company is not doing too well. You do not want to be caught off guard if you are suddenly fired from your job. [Read more…]
True Costs of Hiring an Employee
If you are starting a new business and are considering the costs involved, then you might have already figured out that one of the biggest cost of running a company is employee’s salaries. But what you might not know is that the actual cost of every staff member is much more than the salary. [Read more…]
Labor Market Shows Signs of Recovery as Jobless Claims Fall
As predicted by analysts, first time jobless applications declined in the week ending March 13 to 457,000 according to the Labor Department. The decline continues the trend that was established two weeks ago, with the job markets picking up and signs of new hiring emerging in several industries. However, a large number of people are still receiving unemployment benefits, which is a cause for concern. [Read more…]
Unemployment Tax Benefits that You Should Be Aware Of
Paying taxes is never pleasant, and the experience can be even worse when you are unemployed and trying to hold on to every dollar of your savings. But by judicious tax planning and careful application of the rules on deductions, you stand a good chance to get some much needed savings while filing your taxes. [Read more…]
