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A big one on NFP today. Higher rates and higher for longer? Well while we just see a number a lot goes into preparing this report. To know more check this video Keep the feedback coming Good Weekend!
Some statistics from the WRC:
Chief Product Officer and Co-founder @ TopicLake™ Insights | Simplifying Regulatory Policy with AI powered metadata.
CFPB Proposes New Rule on Earned Wage Access Products The CFPB (Consumer Financial Protection Bureau) is proposing a new rule to clarify regulations for #earned_wage #access_products, which allow consumers to access their earned wages before #payday. This new rule aims to replace a confusing 2020 advisory opinion and provide clearer guidance on how federal laws apply to these products. The CFPB has conducted research and consulted with market stakeholders, and now seeks public comments on the proposed rule. After reviewing the comments, the CFPB will publish the final rule.
Mom of Triplets - If I can handle Triplets, I can handle your containers. SVP of Business Development
Update on the ILA
Did you know? The average annual wage in the finance and insurance industry is $127,698, compared to the average annual wage of $44,253 for educational services. Learn more about Indian River County, FL at buff.ly/3GJhVF3
With the recent Davis-Bacon updates and new information on tax credits available through the Inflation Reduction Act, a lot is going on in the prevailing wage world! If you're ready to discover more about these topics, and would like to brush up on prevailing wage basics, make plans to join Beneco's Jennie Bryson for a FREE breakfast and seminar. Learn more: https://lnkd.in/dJt9EsAY Beneco, part of FuturePlan by Ascensus #abcmeritshopproud #abcww
Founder, Board Member, Former Acting Chairman of the White House Council of Economic Advisers, Chaired Professor Emeritus - University of Chicago
Discussed on Newsmax recent proposals by California Democrats to raise the minimum wage to $50 (segment starts @ 52.00). Their main rationale for the wage increase is actually the best rationale against it. Their rationale is that the wage increase is needed because prices in CA are so high people have to cut back on purchases. Well wouldn’t you know, turns out that is true for employers too. If wages are high they will have to cut back on labor. The end result is the lowest skilled and poorest getting hurt by not finding employment.
The IRS recently published its Final Regulations on the Inflation Reduction Act Prevailing Wage requirements. While the Final Regulations generally adhere to the prior Proposed Regulations and Guidance, some notable changes were made. Our White & Case team examines how these changes will impact existing and contemplated projects here: https://whcs.law/3YmlETW #InflationReductionAct #IRA
Earned Wage Access Providers Consider Suing CFPB https://lnkd.in/eAtdBd4e
Have you heard? The Inflation Reduction Act's Final Rule was published on June 25th. This ruling affects prevailing wage requirements on clean energy projects and updates the Proposed Rule. Join our webinar on Wednesday, July 31st to get caught up on what these changes mean for you: https://lnkd.in/gCaVhCDp
