Total nonfarm payroll employment rose by 559,000 in May, and the unemployment rate declined by 0.3 percentage point to 5.8 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, in public and private education, and in health care and social assistance. This news release presents statistics from two monthly … [More]
Rocky Mountain Region’s Middle Market Recovering Faster Than National Average
A collaboration between Dietrich Partners, a Denver-based management consulting firm, and the National Center for the Middle Market, housed at The Ohio State University Max M. Fisher College of Business, recently released the findings from the Rocky Mountain Region Middle Market 2020 Performance and 2021 Outlook report. The report reveals that the Rocky Mountain region’s middle … [More]
Tax Advantage: Employee Retention Credit
As part of the CARES Act introduced in 2020, Congress created a new tax credit to incentivize employers to keep workers on the payroll during the pandemic. The employee retention credit is an offset to certain payroll taxes; it is not an income tax credit. The credit, which began on March 12, 2020, was originally set to expire at the end of 2020. The Consolidated Appropriations … [More]
Urban Hotels Hit Hard by Pandemic, Recovery Expected to Take Years
A national survey conducted by Morning Consult commissioned by the American Hotel & Lodging Association (AHLA) found that only 29% of Americans would consider traveling to a city or urban destination this summer, further showing the economic devastation facing urban markets, which rely heavily on business from events and group meetings, underscoring the need for targeted … [More]
Employees Want Remote and Hybrid Work More Than Employers Do, Says Survey
Littler, the world’s largest employment and labor law practice representing management, has released the results of its ninth annual survey, completed by 1,160 in-house lawyers, C-suite executives and human resources professionals. The Littler® Annual Employer Survey, 2021 finds employers navigating a host of issues in the transition to a post-pandemic future – chief among … [More]













