STRONG JANUARY JOB NUMBERS ARE GOOD NEWS – BUT HAZARDS LIE AHEAD

Finance

Most economists were surprised, and pleasantly so, by the Bureau of Labor Statistics’ January job numbers. According to the Bureau as reported by Business Insider, the U.S. Economy added 227,000 jobs during the month, beating expectations by 47,000 jobs. This robust performance continued a record-setting 75 consecutive months of job gains. At the same time, […]

Dodging the Hazards of Out-Of-State Expansion

Map_of_USA_with_state_names.svg

  For many successful local businesses, it’s an idea that seems enormously appealing: Build your company by establishing a beachhead in neighboring states. It makes perfect sense on the face of it: If a product or service is a market success in Michigan, for example, it stands to reason that it will fare well in […]

New Overtime Rules Spell Big Challenges For Business

clock with red seconds hand area overtime

Statistics show that the median salary increase in the US is a rather moderate 3.1% thus far in 2016, but that doesn’t mean that the cost of labor isn’t about to go up for many businesses—way up. New regulations issued by the U.S. Department of Labor stand to make potentially millions of previously-exempt workers eligible […]