Globial Talks Business

Almost a year ago, an extension was filed on the yearlong provision set forth in the Temporary Payroll Tax Cut Continuation Act of 2011. Around 160 million people were affected by this 2% reduction in the tax on their payroll, says corporate payroll services departments. The reduction brought the percentage from 6.2% down to 4.2%.

WASHINGTON (AP) — Jobless Americans are paying millions in unnecessary fees to collect unemployment benefits because of state policies encouraging them to get the money through bank-issued payment cards, according to a new report from a consumer group. People are using the fee-heavy cards instead of getting their payments deposited directly to their bank accounts. [...]

Bankruptcy is often viewed as a last resort. Individuals and entities do all they can to pay back their loans and stay afloat without having to declare the protection that bankruptcy offers. Still, more and more people are finding that bankruptcy is a viable alternative with today’s downward trending economy. However, even though Chapter 7 bankruptcy is on the rise, there were some bankruptcies in 2012 that shocked us all.

All across the globe, the rising need for jobs can be seen and felt. It can be seen in the eyes of the families wishing to escape from poverty but with no means to do so. It can be heard in every sigh a frustrated job seeker lets out after being told that all positions have been filled. It can be felt in the fresh graduate’s disillusionment about the real world of employment (or unemployment). No country, even the most powerful one, has been spared from the ravages of the mighty beast called unemployment. What’s even worse is that the beast is growing in proportions day after day. Here’s the real score about the growing unemployment rate worldwide:

Small businesses must prepare for what appears to be an extremely difficult economic environment. Since the bursting of the 2008 credit bubble, U.S. consumers and financial institutions were dramatically hurt by bad debt and over levering themselves. These two vital components of the U.S. economy, that drive individual consumption which is approximately two thirds U.S. [...]

CEOs under the age of 25 are always the subject of so such media scrutiny because everyone finds it truly fascinating when someone can start a business and set themselves up for life financially, before they even hit 30.

Informal economy: be honest, what was the first thing that came to kind? Curbside fruit and vegetable vendors in South Africa? Ear wax removers in India? Bet you didn’t think of the US and EU.

Mitt Romney Electoral Votes: 200 Popular Votes: 49305636 Barack Obama Electoral Votes: 290 Popular Votes: 49258390  

With the US economy in a slump, many businesses are scrambling to stay on top. While times are hard, it’s important for companies to remember sound business principles and not make the same costly mistakes these companies made.

Blue and White Collar workers both want good jobs with great benefits, and many times they can get much better offers overseas than they can in the United States. This could be due to high exchange rates or prospering economic conditions in other countries, but whatever the case these workers seem to come out ahead. Others just want the experience of living in another country to experience the culture.