Tag Archive for Federal Withholding Taxes

Initial Unemployment Claims Belie Last Week’s Hysteria on Jobs

This report is an excerpt of the currently updated permanent Employment Charts page which includes the monthly jobs and average earnings data, as well as the Labor Departments Job Openings and Labor Turnover Survey (JOLTS) and real time data on Federal Withholding taxes. The charts on that page are updated as soon as new data…

Weakening Federal Withholding Tax Collections Do Not Bode Well For Employment

This report is an excerpt from the permanent Employment Chart page.  The edge that Federal Withholding Tax collections had held over last year continued to narrow last week, suggesting a weakening employment picture in May. The chart below compares current withholding tax collections with last year on the same date. This year collections have been…