CEOs of the 50 corporations that cut the most jobs over the last two years received average bonuses higher than those paid to CEOs of the largest 500 businesses. You follow that? The CEOs who cut jobs got the largest rewards.
In the year before we took office, the auto industry shed 431,300 jobs. But in the 13 months since GM and Chrysler emerged from bankruptcy, auto industry employment has increased by 76,300, a huge reversal.
When Recovery Act critics like Rep. Boehner talk about stopping the spending, they're essentially talking about taking away middle class tax cuts, leaving unemployed workers unexpectedly high and dry without an unemployment check.
While Democrats have sound reasons to be glad they broke a six-week delay by the GOP to vote for an extension of unemployment benefits, 2.5 million of the long-term unemployed will get their benefits restored -- just not right away.
An extended period of high unemployment represents a massive waste of productive labor and untold personal suffering of unemployed workers. The Fed should be aiming to get us back on track within two years, not four.
.before you decide to convert all of your employees to independent contractors, you need to know the difference as defined by federal and state law. The IRS is gunning for businesses that mischaracterize employee.