Total nonfarm payroll employment rose by 678,000 in February, and the unemployment rate edged down to 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, professional and business services, health care, and construction. This news release presents statistics from two monthly surveys. The … [More]
Queen Creek Named #1 ‘Best City to Raise a Family in 2022’, Vail and Chandler Named #2 and #3
Dwellics, the authority in U.S. City Data and personalized advice on where to move, today unveils the 2022 Report, Top 100: Best Cities to Raise a Family in the West. The report analyzes key factors including quality of education, community (percentage of married households with school-aged children), climate comfort (days between 50-90 degrees Fahrenheit), infrastructure … [More]
The Ripple Effect: How Nonprofits Build Our Economy
“Based on Arizona and U.S. national statistics on impact of the nonprofit sector, it’s very clear that it is an economic driver in terms of workforce development generating economic potential,” says Richard Tollefson, founder and president of The Phoenix Philanthropy Group. In fact, David Martinez III, director of community engagement at Vitalyst Health Foundation, calls it … [More]
Affordable Housing Is an Employment Issue
Why is it that, when trying to solve problems, communities often wait until they are at the edge of a crisis before acting? That’s where things are now where it comes to affordable housing. The alarm bells are sounding. But the truth is, they have been ringing now for a few years and it looks like many cities in the Valley have not been listening. The resistance to … [More]
Mary Jane Rynd, Virginia G. Piper Charitable Trust
This time of year, with the roll-up to Arizona Gives Day next month, there’s a tremendous focus on fundraising for nonprofits. Asa community, we need to recognize that this hardly defines nonprofits’ participation in our economy — as businesses that provide employment and generate revenue. We all know that nonprofits generate tremendous social good. However, many may not … [More]
Feedback: March 2022
Question: Beyond the focused impact of your organization’s mission and its impact on the population you serve, what is the economic impact of its ripple effect in our community? Becky Bell Ballard CEO Rosie’s House: A Music Academy for Children Sector: Nonprofit Improving educational outcomes for underserved students in Arizona is critical to the well-being and … [More]
New Tax Rule Targets Businesses That Accept Payment through Apps
The IRS is now watching those who are self-employed, those who are independent contractors or, even those who just operate a side business, and use payment apps like Venmo, Paypal or Cashapp. Because of a new tax reporting regulation that took effect on January 1, 2022, most payment apps are now required to issue 1099-K’s to any businesses receiving more than a total of $600 in … [More]
