Employment Archives - Granite Grok



The US Economy Recovered 4.8 Million Jobs in June

June saw another record jump in employment, which is good news. But it is good news the same way that opening a dam lets the water take its natural course. The increase is a result of the government getting out of the way and the economy doing what it has wanted to do for months.

Graph - Diminishing Returns

Higher Tax, Less Rehiring

With the pandemic driven business shutdowns, New Hampshire is expecting enough of a drop in Business Enterprise Tax (BET) to trigger a tax rate increase under a law passed a few years ago. The BET is a tax on having employees.

nh state flag

#NHEconomy goes BOOM – again – in December

Thanks to AFP-NH State Director Greg Moore for the headline and the link. I think Democrats must be disappointed, though. Their budget deal requires the economy to tank before they can raise taxes. They agreed to that.