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Mayor Adams padded the city payroll with 293 “special assistants” during his first full fiscal year in office — a more than 20% increase over his predecessor Bill de Blasio, The Post has learned. The bloated band of vaguely titled aides, accountable only to Adams, comprised roughly one-third of the Mayor’s Office staff during the yearly period ending June 30 and cost taxpayers $24.3 million, according to payroll records.

For all the blathering the Democrats do about being the “champions” of special classes or causes, it seems the only glass ceiling they’re really smashing is for the unemployable. If sticky-fingers Sam Brinton, or “public health expert” Demetre Daskalakis (who recently wore fetish gear to a professional conference) sought employment in the private sector, who in their right mind would hire them?Open the Books founder Adam Andrzejewski recently published the findings of a dive into the annual report released to Congress by the White House on payroll data, and revealed the perfectly predictable (albeit still outrageous) price tag:During President Joe...

The demise of Silicon Valley Bank will spread ripples throughout America’s economy.Silicon Valley Bank’s main focus was funding technology startups, according to CNBC. Although the Federal Deposit Insurance Corp. insures up to $250,000 per client deposit, CNBC said the FDIC’s protection has limited impact because most of its customers were businesses.As of December, about 95 percent of the deposits at Silicon Valley Bank were not insured, Securities and Exchange filings said.That’s bad news for companies like the TV streaming company Roku, which had $487 million in Silicon Valley Bank, most of which is not insured, according to The New York...

As fuel prices hit all-time highs amid a massive cost of living crisis, Boris Johnson’s Conservative Party government has hiked payroll tax across the United Kingdom. Despite the ongoing cost of living crisis brought about by the aftermath of the Chinese Coronavirus Pandemic and the Ukraine War, Boris Johnson’s government has successfully hiked payroll tax across the UK.

U.S. job growth blew past expectations in January, brushing off a record-breaking surge in COVID-19 cases nationwide that loomed over the economy as it threatened to sideline millions of workers.The Labor Department said in its monthly payroll report released Friday that payrolls in January rose by 467,000, easily topping the 150,000 jobs gain forecast by Refinitiv economists. The unemployment rate, which is calculated based on a separate survey, ticked up slightly to 4%. This is a developing story. Please check back for updates.

An opinion writer who frequently contributed op-eds to the New York Times has admitted to being paid well by the Iranian mission to the United Nations but insists that this did not make him an agent of the Iranian government or influence his writing. Kaveh Afrasiabi is currently under arrest, accused of violating the Foreign Agent Registration Act (FARA). For its part, the New York Times, which still claims to publish "all the news that's fit to print," is dummying up, keeping its readers in the dark on the subject, and offering no comment.Ira Stoll of The Algemeiner has the...

Stocks rose sharply Friday after the U.S. May jobs report showed a surprise 2.5 million jump in payrolls and a drop in the unemployment rate to 13.3% as businesses began to reopen from the COVID-19 pandemic lockdowns. How are benchmarks performing? The Dow Jones Industrial Average US:DJIA jumped 950 points, or 3.6%, to 27,226, while the S&P 500 US:SPX rose 88 points, or 2.9%, to 3,201. The Nasdaq Composite US:COMP advanced 191 points, or 2%, to 9,807 and was briefly trading above its record closing level of 9,817.18 set on Feb. 19. The Nadaq-100 US:NDX , meanwhile, rose 171 points,...

As the U.S. works to recover from the financial fallout of the coronavirus pandemic, President Trump is preparing a “stronger” playbook than his 2017 policy platform to return the U.S. economy to its former strength, he says, which could include a payroll tax cut. During an interview with FOX Business’ Maria Bartiromo on Thursday, Trump said he liked the idea of a payroll tax cut because it provides a benefit to both businesses and workers. “That’s one of the taxes that I want to see cut,” Trump said. “And by the way, we’ve already given – we’ve given the largest...

While it looks like everyone is taking seriously the average worker’s needs, no one at the decision-making level has thought of the small business owner. If you’re a small business owner like I am, you’ve been closely following the stimulus efforts of the federal government, looking for a lifeline out of the mess of delayed payments, lost revenue, and furloughed employees. Unfortunately, while it looks as though everyone is taking seriously the average worker’s needs, no one at the decision-making level has thought of the small business owner. Congress passed the Families First Coronavirus Response Act on March 18, providing...

The Paycheck Protection Program might bankrupt our country, but sure is a blessing to virtually any business with less than 500 employees. I'm working on an application right now for 65 employees. Basically the government is giving a loan that will be 100% forgiven that will be equal to total payroll, payroll costs, and health insurance costs for one month total times 250%. That's the equivalent to 2.5 months payroll costs for 65 employees. (Up to a limit of annualized wages of $100,000 per employee wages) That's over $500,000 free money.(To keep paying your employees and keep your business open)...

Has your business or non-profit been adversely impacted by the COVID-19 shut-down or slow-down? Will you be able to pay your employees? Or the rent? Will you be able to pay yourself? Congress is trying to help by giving away quite a bit of free money, and that should get your attention. There are still details to be worked out about how these new plans will be implemented, but here’s some initial info: The first and quickest option for relief is an Economic Injury Disaster Loan (EIDL) from the Small Business Administration. You can borrow funds necessary to meet expenses...

A company in Austin, Texas is looking to dock pay from workers who receive government stimulus checks, according to an anonymous employee. With the historic $2 trillion coronavirus stimulus deal signed, Americans can look forward to receiving some economic relief during the pandemic. An unnamed company in Texas, though, appears to be looking to use the stimulus to relieve their payroll strain. On Wednesday, the company sent out a form titled “Employee Acknowledgement of ‘Government Assistance’ Pay Reduction.” The form was reported by an employee who wished to remain anonymous, but the employee spoke to local news KXAN about the...

Company payrolls surged by 195,000 in August, well above Wall Street estimates and at a time when fears have been growing about a looming recession, according to a report Thursday from ADP and Moody’s Analytics. Economists surveyed by Dow Jones had been looking for a gain of just 140,000 following July’s 142,000, which was reduced downward by 14,000 from the original count. August’s growth was the best showing since the 255,000 added in April. The numbers come amid speculation that the decade-long economic expansion is coming to an end. The New York Federal Reserve puts the chance of a recession...

CNSNews.com) - The federal government cut 3,000 jobs in May and federal employment has now dropped by 24,000 since President Donald Trump took office, according to data released today by the Bureau of Labor Statistics. Even as federal government jobs were declining, overall employment was increasing—as was employment in state and local government. In April, there were 2,789,000 people employed in civilian federal government jobs. In May, that declined to 2,786,000, a drop of 3,000

* Private companies added 241,000 positions in March as employment in construction and manufacturing surged, according to ADP and Moody's Analytics. * The report was well ahead of Wall Street estimates for 205,000 growth and marked the fifth straight month that private payroll growth topped 200,000. * Service providers added 176,000 new jobs while goods-producing industries contributed 65,000. * "The job market is rip-roaring," says Mark Zandi, Moody's Analytics' chief economist. Companies kept up the hiring pace in March, adding 241,000 positions as employment in construction and manufacturing surged, according to a report Wednesday from ADP and Moody's Analytics. Economists...

Your Paycheck Could Increase Very Soon -- Here’s How Much You Can Expect New IRS federal tax-withholding guidelines should give millions of Americans higher paychecks in 2018. Matthew Frankel Jan 12, 2018 The Treasury Department recently released new withholding tables based on the recently passed tax-reform bill. These tell employers how much to withhold from their employees' paychecks, and 90% of workers should see an increase when the new guidelines are implemented. Here's what this means, when you should expect the change to affect your paycheck, and how much of an increase you should expect. New IRS federal tax-withholding guidelines...

U.S. private employers stepped up hiring in December and planned layoffs by American-based companies fell sharply, pointing to sustained labor market strength that likely keeps the Federal Reserve on course to increase interest rates in March. Other data on Thursday showed a third straight weekly rise in first-time applications for unemployment benefits, though that probably reflected volatility around the end-of-year holidays. The Labor Department said claims data for some states, including California, Massachusetts, North Carolina and Virginia, had been estimated. The labor market is near full employment, with the jobless rate at a 17-year low of 4.1 percent. “Higher jobless...

U.S. companies added the most workers in seven months in October as hiring rebounded from an 11-month low set in September stemming from Hurricanes Harvey and Irma, a report by a payrolls processor showed on Wednesday. The ADP National Employment Report said private employers hired 235,000 workers last month, exceeding a median forecast of 200,000 among economists polled by Reuters. Domestic private payrolls in September were revised down to an increase of 110,000 from the previous 135,000. The report is jointly developed with Moody’s Analytics. “This labor market is tight and is destined to be tighter,” Mark Zandi, Moody’s Analytics...

Former U.S. Ambassador to Russia Michael McFaul railed against President Trump on Thursday after he thanked Russian President Vladimir Putin for ordering the U.S. to cut its diplomatic staff by 755 people. In his first comments on the move by Russia, Trump said he was thanking Putin because the decision allows the U.S. government to "cut down our payroll." “I want to thank him because we’re trying to cut down our payroll and as far as I’m concerned I’m very thankful that he let go of a large number of people because now we have a smaller payroll," Trump told...

Democratic Rep. Debbie Wasserman Schultz seemingly planned to pay cyber-probe suspect and IT aide Imran Awan even while he was living in Pakistan, if the FBI hadn’t stopped him from leaving the U.S. Monday. Public statements and congressional payroll records suggest she also appears to have known that his wife, a fellow IT staffer, left the country for good months ago — while she was also a criminal suspect. In all, six months of actions reveal a decision to continue paying a man who seemingly could not have been providing services to her, and who a mountain of evidence suggests...