The Associated Press reports: Employers already are squeezed by tight credit, rising health care costs, wary consumers and a higher minimum wage. Now, the surging jobless rate is imposing another cost. It’s forcing higher state taxes on companies to pay for unemployment insurance claims. Some employers say the extra costs …
Unemployment has risen above 10 percent and no one in Washington seems to understand what is going on. Yesterday, a little noticed release from the Bureau of Labor Statistics (BLS) shed important light onto the job situation. The BLS’s Business Employment Dynamics (BED) program uses unemployment insurance (UI) records to …
The Reid health bill (H.R. 3590) leaves small businesses, and particularly small business owners, largely out of the picture. Small businesses, and particularly small businesses that currently do not offer health insurance coverage, will not get much break from this bill. Reid’s bill outlines a “small business tax credit”, which …
Forget everything bad you’ve ever heard about President Barack Obama’s $787 billion economic stimulus. Combing through the data on the $18 million Recovery.gov website, you’ll find tons of Obama stimulus success stories from across the country. In Minnesota’s 57th Congressional District, 35 jobs have been saved or created using $404,340 in …
Great catch by Frederick Hess at The Enterprise Blog: Was it just me, or did anyone else find it troubling to read the Washington Post story “Democrats round up health bill votes” on Saturday and stumble upon this sentence: “Rep. Jason Altmire, a second-term Democrat who represents a blue-collar district …