MicroGroks
As a few lawmakers engaged in a publicity stunt last Saturday to press for a state-imposed $15 minimum wage, New Hampshire employers were raising wages and offering cash incentives in desperate efforts to attract workers.
New Hampshire has a lawsuit against Massachusetts. The Bay State tweaked its non-resident tax rules when the Rona hit. Anyone forced to work remotely who never had or was forced to work remotely more often would still pay Mass. taxes on those remote wages.
February etches another great month for job growth and wages in the Trump economy. The Nation’s unemployment rate dipped back down to a historically low 3.5% while wages grew three percent.
While I appreciate the efforts of Vermont Democrats to drive more job creators and commerce into New Hampshire, I must take issue with blatant economic stupidity when I see it. Pseudo-Republican Gov. Scott has vetoed their minimum wage bill. The Democrat’s response is, well, stupid.
Who is winning in Trump’s economy? In his State of the Union address the President rolled out an eye-catching statistic. He said the wealth held by the poorest half of American households increased three times as fast as the wealth held by the “1%” under his administration. Wealth means net worth. This is true according …
We teased this Wednesday with ADP and Moody’s reporting that January 2020 had the single biggest monthly rise in payrolls since May of 2015. That lead the way for today’s Department of Labor Report. The economy added 225,000 jobs in January and wages are up.
Politicians in states all around New England think they are economic geniuses. They know how much an hour of labor is worth for every job, everywhere? No! They don’t. But that hubris is New Hampshire’s gain as the New Year looms, and they force the cost of labor higher.
Remember about 1000 so-called “scandals” ago? When Trump’s tax cuts and his economy were going to help the rich at the expense of the Middle Class. Guess what?
Yesterday the New Hampshire Department of Employment Security issued its Press Release for August. While Democrats try to override his vetoes today, Governor Sununu can sit back and smile about the jobs picture. Employment looks secured.
We teased this yesterday with data from the ADP National Employment Report. August was an excellent month for workers. Today the Dept of Labor has confirmed that.
