Business News: The jobs report from the U.S. Labor Department and the Paychex Small Business Employment Watch indicate that the job market is holding steady and even exceeding expectations. However, that slightly rosy economic news is dimmed slightly by the fact that 20% of employers are scaling back on raises this year while some are outright eliminating them. Gene Marks shares some additional details on these various reports and also points to changes coming to several popular SBA loan programs that could affect businesses, including fees on the popular 7(a) loan.
Resources:
Paychex Small Business Employment Watch –
#BusinessNews #jobmarket #payraise #sba
Subscribe above and follow our YouTube Channel:
Want to learn more about Paychex Flex, our signature HR-and-payroll technology platform? Visit:
Find helpful business resources from our WORX Knowledge Center portal.
Explore topics ranging from HR and compliance challenges, tax tips, employee and performance management, wage and labor laws, marketing, employee benefits and more, at:
Learn about our company values and commitments at:
Follow us on LinkedIn:
Find Us on Facebook:
Join the Conversation on Twitter:
Browse our photos and reels on Instagram:
source