Payroll

help wanted jobs_1_.558b1edb2466e

May 8, 2020 

Unemployment Rate Hits 14.7%, Highest Since Great Depression

The U.S. economy suffered its biggest labor market shock on record, as government figures released Friday showed the COVID-19 pandemic erased 20.5 million jobs and sent the nation’s unemployment rate to 14.7%, the highest since the Great Depression.

Automation_technology _.5558c5b706074

May 7, 2020 

Key AP Automation Trends During COVID-19 and Beyond

The COVID-19 pandemic has affected individuals and businesses in many ways, including creating a heightened need to expedite payments and manage cash flow more effectively. Keeping money flowing between organizations is critical for financial ...

ADP Jobs Report April 2020

May 7, 2020 

20 Million Jobs Lost Between Mid-March and Mid-April

Private payrolls slumped by 20.2 million from a month earlier, according to ADP Research Institute data released Wednesday. Employment in March was revised down to a 149,000 decrease from a previously reported 27,000 drop.

PPP Paycheck Protection Program

May 5, 2020 

Most PPP Applicants Still Face Uncertainty on Loans

As the second round of funding for the Paycheck Protection Program (PPP) became available on April 27, 62 percent of PPP loan applicants were still waiting for funding or approval, according to new research from Paychex, Inc.

small-business 1_10937161

May 5, 2020 

5 Strategies to Help Small Businesses Survive a Recession

Some say a recession is coming, while others say that it’s already here. In either case, you must develop a strategy to recession-proof your business, and you should do this now. As the economy takes a deeper dive, it will be much harder for you to ...