Month: October 2021

Today’s employment report for September was surprisingly weak in terms of job growth—only 194,000 new jobs.  Analysts blame the spread of the Covid-19 Delta variant for the slowdown, and it shows the economy isn’t out of the woods yet.  The news should encourage Congress (really just Democrats) to pass a large economic stimulus bill. Job growth wasn’t expected to
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By Kerry Hannon, Next Avenue Every once in awhile, while covering the older workers and personal finance beats, I run across a research report that stops me cold. “Hidden Workers: Untapped Talent” fits that bill, revealing the cruel underbelly of hiring. I’d even call it explosive. The findings of the 74-page “Hidden Workers: Untapped Talent” come
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The economy created jobs at a much slower than expected pace in September, with payrolls rising by just 194,000 in the month compared to the Dow Jones estimate of 500,000, the Labor Department reported Friday. Looking at the most recent numbers by state, it’s clear that some places are lagging far more behind than others.
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Many states recently enacted “SALT cap workaround” legislation enabling pass-through entities (PTE) to deduct entity-level SALT payments as a business expense in place of non-deductible itemized deductions over the “SALT cap” of $10,000 per individual tax return. Currently, 20 states have enacted this legislation, and others are considering it. The SALT cap workaround is not
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