There was hope that as the Covid-19 pandemic got under control and shopping habits became more balanced, the global supply chain disruptions would stabilize. Unfortunately, the crises has only worsened. In New York, the Port of New York and New Jersey, is experiencing longer wait times and unusual backups as a national supply chain shortage […]
Restaurant Return-to-Work Tax Credit
Restaurants and bars in New York City continue to feel the effects of the Covid-19 pandemic. Although, they are able to operate at full capacity, months of lost revenue, costly loans (including personal ones), devastating supply chain issues, and vaccination mandates all contribute to a sluggish return to “normal”. The Restaurant Return-to-Work Tax Credit may […]
US Jobs Report Continues to Underwhelm
September was another weak month for job growth as the Labor Department announced the US added only 194,000 jobs. That was down from 366,000 in August and well below the over one million jobs added in July. It was around this time that the more contagious Covid-19 Delta variant began to spread stopping the rebounding […]
Hero Act: What You Need to Know
New York legislators voted on extensive new workplace health and safety protections in response to the Covid-19 pandemic known as The New York Health and Essential Rights Act, or NY HERO Act. The bill requires all employers to adopt an airborne infectious disease prevention plan. The plan must be implemented when an airborne infectious disease is […]
US Retail Sales Have Unexpected Bump
Despite the Covid-19 delta variant and the return of some business related restrictions it caused, the August 2021 retail and food services sales saw an unexpended jump of 0.7 percent, a 15 percent jump year over year. Overall, from June 2021 through August 2021 saw a sales increase of 16 percent from the same period […]