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May 31—In April, the seasonally adjusted Texas unemployment rate was 6.7%, down 0.2 percentage points from March 2021. Texas added 13,000 total nonagricultural jobs over the month, making gains ...
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Certain credits are allowed with respect to state unemployment taxes paid that may reduce the effective FUTA rate to 0.8%. Effective July 1, 2011, the rate decreased to 6.0%. That rate may be reduced by an amount up to 5.4% through credits for contributions to state unemployment programs under sections 3302(a) and 3302(b), resulting in a ...
Paychex will pay $22.50 for each Paycor share, representing about a 21.4% premium to the stock's last close on Friday, before the news was reported. "The acquisition of Paycor is highly complementary.
Though the unemployment rate is currently at a historical low, economists polled in Bankrate’s Economic Indicator survey predict that a recession could lead to a loss of jobs in the coming year ...
In May 1990, at age 28, Coughlin founded Paycor, Inc. to provide payroll services to the Cincinnati market. [2] Upon Coughlin's retirement in 2019, Paycor served 30,000 clients and had 1,700 employees. [3] Coughlin remained as chairman until fully retiring in 2020. On January 7, 2025, Paychex, Inc. announced a deal to acquire Paycor for $4.1 ...
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The Texas Commission on Human Rights Act (TCHRA) is codified in chapter 21 of the Texas Labor Code although it is commonly still referred to as the TCHRA. The TCHRA/chapter 21 of the Texas Labor Code empowers the TWC similar to the federal Equal Employment Opportunities Commission (EEOC) with analogous responsibilities at the state level.