News From The US Labor Front: What The Government Is Doing To Get You Working.
The United States Labor Department is always working for you, developing innovative ideas and government is enacting new strategies to make employment easier on business and job seeker. While unemployed folks are still hoping for an extension of unemployment benefits after the current 99 weeks duration limit, the labor department has created incentives to bolster the world of work and usher in opportunities for hopeful workers-to-be.
Congress has recently passed the Hiring Incentive to Restore Employment Act (HIRE). These are tax credits that will provide companies, non profit organizations and public colleges and universities with 6.2 percent payroll tax cut or their share of Social Security taxes on wages paid between March 18, 2010 and December 31, 2010.
If businesses retain newly hired workers, they receive an extra $1000. in 2011.
This should sweeten the economic pie and make opportunities open up for jobseekers as we all businesses. Job seekers can remind employers of this HIRE incentive during interviews, as well. The complete terms and conditions of HIRE are available on www.labor.ny.gov.







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