Amazing Map — Geography of a Recession — And the Hire Act Payroll Tax Exemption


This amazing map was published by the American Observer (American University’s Graduate Journalism Magazine). Using color mapping, it illustrates the monthly progress of the recession in each U.S. county as reflected by increasing levels of unemployment.
With the unfortunate and deep increases in unemployment throughout the country, companies really need to be looking at their eligibility for the HIRE Act’s 2010 Payroll Tax Exemption.  If an individual has been unemployed for 60 days or more prior to their hire date, their new employer is exempt from paying the 6.2% employer portion of the federal payroll tax.  The benefit applies to wages earned from March 19 through December 31, 2010.
The YouTube version of the map is posted below but I recommend you visit the American Observer’s website and view the original presentation.
To see the original presentation, click HERE  (Don’t forget to press play.)


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