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2021 Final Vermont Legislative Update - May 2021 | Downs Rachlin Martin PLLC


Business
The unemployment bill formerly known as S.10 – Business owners had their most challenging year in memory. Many hoped that the legislature, knowing this, would have sought to offset their challenges. Unfortunately leveling unemployment tax rates was considered by some to be too much help.
One of the most contentious negotiations of the session centered on the formula that determines the Unemployment Insurance Trust Fund balance. Recent years unemployment rates are entered into the calculation, and many experts felt that 2020 was an anomaly and should be removed from the formula given the pandemic. Without 2020 in the equation, the balance required would be $600 million, and with 2020 it would be $1 billion (by all accounts too much). ....

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Jarden Brief: President Joe Biden raises minimum wage to US$15


Jarden Brief: President Joe Biden raises minimum wage to US$15
28 Apr, 2021 09:12 PM
7 minutes to read
US President has unveiled a range of major policies. Photo / AP
NZ Herald
New Zealand
The NZX50 closed Wednesday s session slightly higher at 12,646.14 points (+0.2 per cent).
Financial and
healthcare stocks were leading on the day, increasing 0.9 and 0.7 per cent, respectively, while energy (-0.8 per cent) and utilities (-0.8 per cent) underperformed.
Skellerup Holdings (+4.5 per cent), producer of industrial and agricultural rubber products, continued its upward rally and booked the biggest gains of the session, closing at $4.64. Vista Group International was next in line, rising 3.1 per cent to $2.30. ....

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