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Entries in Jobs (486)

Saturday
Jun132015

NH Senate Ways and Means Committee supports NH small business growth, jobs 

Concord, NH – In a recent Senate Ways and Means Committee work session, Committee members reaffirmed the Senate’s support for HB 550 as amended by the Senate and passed last week.

“I am thankful for the Senate Ways and Means Committee’s support on this important legislation to reduce a restrictive tax on small businesses looking to grow and expand in the State of New Hampshire,” said Senate Ways and Means Chair David Boutin (R-Hooksett).

“Throughout multiple work sessions and conversations with key stakeholders, we were able to make improvements that will keep jobs in the state of New Hampshire, support new jobs, and welcome new businesses into the state. “

“I appreciate all of the hard work that went into this legislation on behalf of supporting good New Hampshire jobs and look forward to further discussion as the legislation moves forward in Committee of Conference,” added Boutin.

Saturday
Jun062015

NH Senate Republican Caucus - Jobs, Jobs, Jobs 

The New Hampshire Senate

Republican Majority Office

Bradley applauds Senate efforts to lower business taxes, electric rates, and workers comp

 

Concord, NH – Senate Majority Leader Jeb Bradley (R-Wolfeboro) applauded Senate passage of three bills which address three significant challenges to job creation in New Hampshire. The Senate approved a state budget that lowered business tax rates for the first time in 20 years, approved Bradley’s bill to lower electric rates, and approved reforms to the New Hampshire workers’ compensation system. A recent report from the Pew Foundation ranks New Hampshire among the ten worst states for job creation since the end of the Great Recession.

 

“New Hampshire businesses have struggled with high business taxes, high electric rates, and high workers’ compensation costs, all of which hurt our ability to create jobs,” Bradley said. “We’ve taken important steps to address all three, which would make New Hampshire more competitive.”

 

HB 2 lowers the Business Profits Tax from 8.5% to 7.9% in three stages, while cutting the Business Enterprise Tax 10% over that time. Bradley was the prime sponsor of SB 1, the BPT rate cut, and a cosponsor of SB 2, the BET rate cut. The Senate yesterday approved HB 2, which will likely head to Committee of Conference as the House and Senate finalize the state budget.

 

SB 221 provides electric rate relief following an agreement by Eversource to sell its power generating assets, and will lower stranded costs, which are costs ratepayers already pay. Bradley was the prime sponsor. The Senate yesterday concurred with House changes to SB 221, sending the bill to Governor Hassan’s desk.

 

SB 133 lowers workers’ compensation rates by allowing employers to negotiate medical costs, and requiring health care providers to justify the cost of their services. The bill also improves public transparency into health care costs, giving companies more choice. Bradley was the prime sponsor. The Senate yesterday concurred with House changes to SB 133, sending the bill to Governor Hassan’s desk.

 

“My top three priorities this year were jobs, job, and jobs,” Bradley added. “These three bills tackle three of the toughest challenges keeping New Hampshire business from creating more jobs. I look forward to Governor Hassan signing them into law in order to get New Hampshire’s economy moving again.

 

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Thursday
May282015

NHDP - N.H. Republican Senators Allow Craig Benson To Hold New Hampshire Jobs Hostage

Last-Minute Amendment Would Create Tax Carve Out For Planet Fitness
 
Craig Benson, Who Has Served As Planet Fitness Board Member, Consultant And Franchise Owner “Leading Charge”

Concord, N.H. – New Hampshire Republican Senators are allowing former Governor Craig Benson to hold New Hampshire jobs hostage in order to get a special tax break for a company where he has served as a board member and consultant. 

Benson, who has served as a Planet Fitness board member, consultant and franchise owner, reportedly led the charge for a last-minute amendment that would benefit the company but be costly to taxpayers. 
 
“First, Jeanie Forrester introduced a last-minute budget amendment to benefit her business cronies and now Senate Republicans are doubling down with more special favors for their friends,” said New Hampshire Democratic Party Chair Ray Buckley. “While Senate Republicans insist that the state can’t afford to fully fund substance misuse treatment, mental health services, and our successful Medicaid Expansion program, they are instead pushing special favors for their friends and business tax giveaways for large, out-of-state corporations.”
 
This is not the first time Craig Benson has held New Hampshire jobs hostage for tax policy changes to benefit his bottom line. NHPR reports that Benson’s threats as CEO of Cabletron helped spur the creation of the Business Enterprise Tax, which was more favorable to the company's interests.
 
“If Senate Republicans think that Granite Staters won’t notice this rash of last-minute amendments to benefit their friends, they are going to be in for quite a shock in November 2016,” added Buckley.

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Thursday
May142015

ALG - Senate Democrats cave on protecting American workers 

6

May 13, 2015, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement blasting Senate Democrats for abandoning their opposition to granting trade promotion authority to President Barack Obama and ceding their demands for enforceable currency provisions in fast track bill itself:  

 

"Senate Democrats are abandoning American workers concerned that their jobs may be shifted overseas due to unfair trade related to currency manipulation nations in the Trans-Pacific Partnership. Doing a trade bill without monetary policy—the primary mechanism nations use to make their exports cheaper—ensures that the Trans-Pacific Partnership is neither free nor fair. The house of cards gamesmanship that was played yesterday to fool constituencies about the Democrat stance on fast track is exposed by this latest capitulation on currency manipulation.

 

"No one can vote for fast track and claim with a straight face they opposed currency manipulation. It is time for Senate Majority Leader McConnell to end the charade of fast track and return to the politically viable business of the Senate."

 

To view online: http://getliberty.org/senate-democrats-cave-on-protecting-american-workers/

 

Attachments:

 

"Fast-Track Bill Needs Enforceable Currency Provision," By Sen. Rob Portman (R-Ohio), Wall Street Journal, May 13, 2015 at http://www.wsj.com/articles/fast-track-bill-needs-enforceable-currency-provision-1431470983

 

"Path to Pacific Trade Deal May Open in Senate After All," By Jonathan Weisman, May 13, 2015 at www.nytimes.com/2015/05/14/us/path-to-pacific-trade-deal-may-open-in-senate-after-all.html?smid=nytpolitics&_r=0

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Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please visit our website at www.GetLiberty.org.

 

Tuesday
May122015

DNC - Boston Globe: For new college grads, job market is best in a decade 

For new college grads, job market is best in a decade

BOSTON GLOBE // MEGAN WOOLHOUSE

 

The class of 2015 will enter what economists say is the best job market for new college graduates in nearly a decade, as the improving US economy and accelerating retirements of baby boomers create job openings across many fields.

                                     

College and university career offices say their graduates are having a far easier time landing positions, and far more employers are coming to campuses to recruit. At the University of Massachusetts Amherst, for example, 104 companies were on campus at a fall job fair to recruit engineering and technology majors, up from 89 last year and 65 in 2010.

 

Perhaps more significantly, the demand for workers of all kinds was so great that the university held its biggest spring job fair in four years, attracting more than 130 employers in fields ranging from communications to consulting to sales.

 

“Years ago, people thought, ‘What are you going to do with a history major?’ ” said Todd Butynski, an assistant director in UMass Amherst’s Career Services office. “Now, with a little networking and initiative, even that liberal arts major is going to find something.”

 

Ethan Forauer, a senior at Clark University in Worcester, faced the classic conundrum of soon-to-be college graduates with little job experience: For most positions — even at entry level — candidates with experience were being sought.

 

But Forauer forged ahead, feeling more than a little anxiety as he networked and sent out scores of resumes in early April. A month later, the 22-year-old environmental science major accepted a $45,000-a-year job at a North Andover consulting firm. “It was very exciting, and just a huge, huge relief,” said Forauer, who begins working June 1. “I’m starting my life in the real world.”

 

Both the state and national unemployment rates, 4.8 and 5.4 percent, respectively, have fallen to their lowest levels since the early days of the last recession, according to the US Labor Department.

 

Joblessness among to 20- to 24-year-olds with college degrees has declined to about 7 percent, from just over 9 percent in 2010. That’s the lowest since 2008, the first full year of the recession, when unemployment among twentysomething college graduates averaged 6 percent.

 

Meanwhile, the competition for jobs has diminished. Today, about 1.5 unemployed workers compete for each job opening, compared with seven in June 2009, said Paul Harrington, director of the Center for Labor Markets and Policy at Drexel University in Philadelphia. The reason: The US economy has created some 2.5 million jobs in the past year alone.

 

“Almost all the net increase in jobs is in these jobs that require a college degree,” Harrington said. “Kids coming out of college are going to have a pretty good year.”

 

Demand is strong for business, finance, and health-care-related majors, Harrington said, but as usual, the most sought-after graduates hold degrees in so-called STEM fields: science, technology, engineering, and mathematics. Of the 2.5 million jobs added in the past year, one in four were in engineering, computer science, and science-related professions, the Labor Department says.

 

In Massachusetts, where companies offer finder’s fees and signing bonuses of $10,000 or more to land technical talent, many employers have begun recruiting STEM majors in their earliest years in college. Rebecca Baturin, for example, worked the past three summers in a paid internship at NASA in Cape Canaveral, Fla., as she earned a degree in electrical engineering at UMass Amherst.

 

She recently took a $47,000-a-year job at the space agency.

 

“In my major, most people have jobs,” said Baturin, 23, of Norwood, noting friends who accepted jobs at defense contractor Raytheon Corp. and tech giant Google Inc. “As long as you’re willing to move or try something new, it’s pretty easy to find a job with an engineering degree.”

 

Of the 25 best paid majors, all but two, economics and business, were in STEM fields, according to a recent report by Georgetown University .

 

Nationally, for those with bachelor’s degrees, petroleum engineering majors commanded a median annual salary of $136,000. Pharmacy and pharmaceutical sciences majors earned a median $113,000, and mathematics grads had median earnings of $73,000.

 

Social work was among the lowest-paying bachelor’s degrees, with median earnings of $42,000 a year, followed by early childhood education, at $39,000, according to the Georgetown study.

 

In general, wages for new college graduates, as for US workers, have stagnated since the recession. On average, entry-level wages for graduates are expected to be no better than 15 years ago, according to a recent report by the Economic Policy Institute, a left-leaning think tank in Washington.

 

But if the economy continues to expand, unemployment falls more, and labor markets tighten further, economists expect wages and salaries to rise. In Greater Boston, with one of the nation’s strongest recoveries because of its technology, health care, and higher education sectors, employee compensation recently jumped at the fastest rate since 2007. Pay and benefits rose 3.6 percent in March from a year earlier, versus 2.8 percent nationally, the Labor Department reported.

 

Such news is giving hope even to liberal arts majors.

 

John Choi of Medford said he’s been looking for work since he stopped volunteering in November for Charlie Baker’s campaign for governor. Choi received a master’s degree from Harvard’s Graduate School of Education in June after majoring in international relations at Boston College. After a frustrating winter sending as many as five resumes a day without responses, he recently fielded five interview offers in one week.

 

“I’m hopeful,” said Choi, 28. “People are still contacting me — there’s not just silence.”