Payroll News

• Keller Mortgage lays off 150 new employees following hiring spree
  
  After nearly doubling the company's payroll to 1,000 employees, Keller Williams' lending arm has laid off 150 new recruits, close to one-third of its recent hires.
  Inman.  Wednesday, 13 Oct 2021.
• September's jobs creation comes up short with gain of just 194,000
  
  Nonfarm payrolls were expected to increase by 500,000 in September, according to economists surveyed by Dow Jones.
  CNBC.  Tuesday, 12 Oct 2021.
• 10-year Treasury yield rises above 1.6%, shaking off weak September jobs report
  
  Nonfarm payrolls rose by just 194,000 in the month of September, compared to the Dow Jones estimate of 500,000.
  CNBC.  Friday, 8 Oct 2021.
• Highly Disappointing Nonfarm Payrolls in September
  
  Highly Disappointing Nonfarm Payrolls in September.
  Zacks.  Friday, 8 Oct 2021.
• Weak employment and rising prices are raising the stakes for the Fed.
  
  The disappointing payrolls report for September came at a high-pressure moment for the central bank, as it balances inflation with missing jobs.
  New York Times.  Friday, 8 Oct 2021.
• September Jobs Report: Disappointing Payroll But Wages Continue To Rise
  
  The headline coming out of the September 2021 BLS Employment Report is that payroll job growth was much weaker than expected, for the second month in a row.
  Forbes.  Friday, 8 Oct 2021.
• Ozy Media got $5.7M in Covid relief loans for payroll: Ex-staffers say they didn't see a cent of it
  
  Ozy continued its downward spiral after several former employees said the company never saved any jobs and actually slashed salaries despite receiving $5.7 million in COVID relief.
  Daily Mail.  Thursday, 7 Oct 2021.
• Tampa Bay Rays Lead League in Runs and Strikeouts
  
  With a low payroll that requires some trade-offs, Tampa Bay led the majors in runs despite leading the A.L. in strikeouts.
  New York Times.  Thursday, 7 Oct 2021.
• US payrolls added 568,000 jobs last month - the most since June
  
  The ADP National Employment Report showed private payrolls increased by 568,000 jobs in September. Economists polled by Reuters had forecast private payrolls would increase 428,000.
  Daily Mail.  Wednesday, 6 Oct 2021.
• Private Payrolls Jump in September
  
  Private Payrolls Jump in September.
  Zacks.  Wednesday, 6 Oct 2021.
• Number of UK job vacancies rise above one million in new record high
  
  The number of employees on UK payrolls recovered to pre-pandemic levels last month, the Office for National Statistics (ONS) said.
  Sky News.  Tuesday, 14 Sep 2021.
• Social Security is facing depletion earlier than expected
  
  A shrinking workforce may also pose trouble for the program, which relies on payroll taxes to finance benefits.
  CBS News.  Friday, 3 Sep 2021.
• With Payroll Stripped, Chicago Cubs Have Huge Range Of Possibilities
  
  Having eliminated almost $150 million in salaries over the last year, the Chicago Cubs have the flexibility to be aggressive chasing free agents this winter. ...
  Forbes.  Friday, 27 Aug 2021.
• Scottish payroll numbers climb by 17,000
  
  The official total of 2.4 million is still 28,000 lower than in February 2020, before the Covid pandemic struck.
  BBC News.  Tuesday, 17 Aug 2021.
• American Employers Added 943,000 Jobs in July
  
  The Labor Department's jobs report, released Friday, shows that nonfarm payroll employment rose by 943,000 in July, topping the 850,000 jobs U.S. employers added in June.
  Entrepreneur.  Friday, 6 Aug 2021.

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