Payroll News

• Dow jumps more than 200 points to another record as investors look past big jobs miss
  
  Nonfarm payrolls increased by just 266,000 in April, far less than the 1 million total economists were expecting, according to Dow Jones.
  CNBC.  Friday, 7 May 2021.
• Weak jobs report shows the need for massive jobs and families bills, Biden says
  
  Hiring slowed dramatically in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rising to 6.1%.
  CNBC.  Friday, 7 May 2021.
• April Jobs Report: Disappointing (But A Few Bright Spots)
  
  The BLS Jobs report for April was expected to be very strong, with payroll jobs rising by nearly a million.
  Forbes.  Friday, 7 May 2021.
• Private Payrolls in April Below Expectations
  
  Private Payrolls in April Below Expectations.
  Zacks.  Wednesday, 5 May 2021.
• Interactive maps shows London has borne the brunt of Covid jobs cull
  
  London accounts for around a quarter of the 813,000 payroll jobs lost since last March - down by 223,000.
  Daily Mail.  Wednesday, 21 Apr 2021.
• Under-35s bearing brunt of jobs crisis
  
  Some 635,000 people under 35 came off company payrolls in the year to March, official figures show.
  BBC News.  Tuesday, 20 Apr 2021.
• Recovery for payrolled workers hits reverse gear as lockdowns take toll
  
  The number of payrolled workers in the economy slipped back in March, ending three months of recovery from the coronavirus employment crisis.
  Sky News.  Tuesday, 20 Apr 2021.
• Washington DC pastor charged in $1.5M PPP loan fraud
  
  Rudolph Brooks, Jr., 45, was arrested earlier this month in Washington DC after allegedly faking tax returns and payroll forms to apply for the loan under the federal government's CARES act.
  Daily Mail.  Monday, 19 Apr 2021.
• March Jobs Report Shows Payroll Employment Jump by 916,000
  
  Data from the U.S. Bureau of Labor Statistics recently revealed a dip in the unemployment rate and an increase in total confirm payroll employment.
  Entrepreneur.  Monday, 5 Apr 2021.
• Payroll gets a boost
  
  CBS Contributor Anthony Mirhaydari explains what the April payroll report means for the Fed's rate hikes.
  CBS News.  Saturday, 3 Apr 2021.
• Despite revenue hike, Marlins' emphasis will be on prospects
  
  The Miami Marlins' new deals for ballpark naming rights and local TV will provide more than $25 million in additional annual revenue, allowing CEO Derek Jeter to increase the team's perpetually small payroll.
  Fox News.  Wednesday, 31 Mar 2021.
• ADP Payrolls 517K for March: Getting Stronger
  
  The headline was not as strong as the consensus 525K, however, but the clarity of the current economic trajectory is intact.
  Zacks.  Wednesday, 31 Mar 2021.
• EXCLUSIVE: Republican Study Committee Sends Letter To Biden On Obamacare Anniversary Slamming Dems For Loophole
  
  Biden used two S-corporations to avoid paying $500,000 in payroll taxes.
  Daily Caller.  Tuesday, 23 Mar 2021.
• Jobless crisis shows signs of easing but under-25s hit hard
  
  The number of workers on UK company payrolls climbed by 200,000 in the three months to February.
  BBC News.  Tuesday, 23 Mar 2021.
• Payrolled employment rises for third month after a year of lockdown misery for jobs
  
  The number of people in payrolled employment has risen for a third consecutive month despite further lockdown misery for the economy, according to official figures.
  Sky News.  Tuesday, 23 Mar 2021.

Payroll Processing Services News Headlines and News Summaries