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This release provides quarterly estimates of state and local government tax revenue at a national level, as well as detailed tax revenue data for individual states.
The report produces three tables: Tables 1 and 2 include income and sales data and Table 3 provides tax collections by state. Please visit this link to read the full report: USDOC/Census NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. © 2015 Connecticut Human Resource Reports, LLC |
26 June 2015
• U.S. Quarterly Summary of State and Local Government Tax Revenue — Q1 2015
25 June 2015
• U.S. Initial Unemployment Claims — 20 June 2015
| In the week ending June 20, the advance figure for seasonally adjusted initial claims was 271,000, an increase of 3,000
from the previous week's revised level. The previous week's level was revised up by 1,000 from 267,000 to 268,000.
The 4-week moving average was 273,750, a decrease of 3,250 from the previous week's revised average. The previous week's average was revised up by 250 from 276,750 to 277,000. The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending June 13, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 13 was 2,247,000, an increase of 22,000 from the previous week's revised level. The highest insured unemployment rates in the week ending June 6 were in Puerto Rico (3.3), Alaska (3.0), New Jersey (2.4), California (2.2), Connecticut (2.2), Nevada (2.2), Pennsylvania (2.2), West Virginia (2.2), Arkansas (2.0), and the Virgin Islands (2.0). The largest increases in initial claims for the week ending June 13 were in Pennsylvania (+6,007), Florida (+1,063), Wisconsin (+709), Nevada (+537), and Delaware (+396), while the largest decreases were in California (-2,592), Tennessee (-1,899), Georgia (-1,893), Texas (-1,575), and New York (-1,458). Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits. See the complete report at this link: USDOL-BLS NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. © 2015 Connecticut Human Resource Reports, LLC URL: http://connecticuthumanresources.blogspot.com/ |
• U.S. Personal Income — May 2015
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Personal income increased $79.0 billion, or 0.5 percent, and disposable personal income (DPI) increased
$65.5 billion, or 0.5 percent, in May.
Personal consumption expenditures (PCE) increased $105.9 billion, or 0.9 percent. In April, personal income increased $69.6 billion, or 0.5 percent, DPI increased $57.0 billion, or 0.4 percent, and PCE increased $8.5 billion, or 0.1 percent, based on revised estimates. Real DPI increased 0.2 percent in May, compared with an increase of 0.4 percent in April. Real PCE increased 0.6 percent, compared with an increase of less than 0.1 percent. Please visit this link to read the full report: USDOC-BEA NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. © 2015 Connecticut Human Resource Reports, LLC |
24 June 2015
• U.S. Time Use Survey — 2014
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The American Time Use Survey data include the average amount of time per day in 2014 that
individuals worked, did household activities, and engaged in leisure and sports
activities. Additionally, measures of the average time per day spent providing
childcare....
Some findings: Employed persons worked an average of 7.8 hours on the days they worked. More hours were worked, on average, on weekdays than on weekend days--8.1 hours compared with 5.7 hours. On the days they worked, employed men worked 52 minutes more than employed women. This difference partly reflects women's greater likelihood of working part time. However, even among full-time workers (those usually working 35 hours or more per week), men worked longer than women--8.4 hours compared with 7.8 hours….” Please visit this link to read the full report: USDOL-BLS NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. © 2015 Connecticut Human Resource Reports, LLC |
• Connecticut Public Act 15-86 [SB00914]— Effective October 1, 2015
AN ACT CONCERNING AN EMPLOYER'S FAILURE TO PAY WAGESWith one exception, this bill requires, rather than allows, a court to award double damages plus court costs and attorney's fees if it finds that an employer failed to (1) pay an employee's wages, accrued fringe benefits, or arbitration award or (2) meet the law's requirements for an employee's minimum wage or overtime rates.Under the bill, the double-damage requirement does not apply to employers who establish a good-faith belief that their underpayments were legal. Such employers must, however, pay full damages, plus court costs and attorney's fees. Existing law also allows the labor commissioner to collect unpaid wages and payments or bring a civil suit on the employee's behalf. NOTE: The analysis provided here may not be based on the ultimate language of the new Public Act as the legislature may have fiddled with it in the final stages of the law’s passage. A final copy of the language of the law can be found at ConnecticutLegislature. NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought.. © 2015 Connecticut Human Resource Reports, LLC |
• U.S. Gross Domestic Product: 3rd Estimate — Q1 2015
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Real gross domestic product -- the value of the production of goods and services in the United
States, adjusted for price changes -- decreased at an annual rate of 0.2 percent in the first quarter of
2015, according to the "third" estimate. In the fourth
quarter, real GDP increased 2.2 percent.
The GDP estimate released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the decrease in real GDP was 0.7 percent. With the third estimate for the first quarter, exports decreased less than previously estimated, and personal consumption expenditures (PCE) and imports increased more (see "Revisions" on page 3). The decrease in real GDP in the first quarter primarily reflected negative contributions from exports, nonresidential fixed investment, and state and local government spending that were partly offset by positive contributions from PCE, private inventory investment, and residential fixed investment. Imports, which are a subtraction in the calculation of GDP, increased. Please visit this link to read the full report: USDOC-BEA NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. © 2015 Connecticut Human Resource Reports, LLC |
23 June 2015
• “Projected 2016 Salary Increases by Country and Historical Trends”
• 2016 Forecast for U.S. salary budgets is 2.7% down from 2.9% in 2015.“An analysis of early projections of 2016 salary increases across 56 countries is provided in Table 1 to support businesses in next year’s salary increase budgeting. This table also includes the International Monetary Fund’s recent research on 2014 actuals, as well as 2015 and 2016 projections for unemployment, growth in gross domestic product (GDP), and the consumer price index (CPI).”This early look at 2016 salary increase projections is based on ERI Economic Research Institute’s extensive database, plus global historical trends and projections. Data from governmental resources, publications, and over 25,000 companies was assessed in this review….” Please visit this link to read the full report: EconomicResearchInstitute NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. © 2015 Connecticut Human Resource Reports, LLC |