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

by Vaughn Hromiko / Wednesday, 28 July 2010 / Published in Unemployed Workers

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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Tagged under: HIRE Act, Hiring Incentives to Restore Employment Act, Jobs, Payroll Tax Exemption, Payroll Tax Forgiveness, Payroll Tax Holiday, Unemployed Workers
Vaughn Hromiko

About Vaughn Hromiko

Vaughn scours the news (with the help of daily Google alerts), finding interesting things for people who need to know about WOTC and other hiring tax credits. For 19 years, he’s been a Partner and the Director of Client Services at WOTC Planet.
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