government. now they not only owe the past due taxes but they owe penalties and late fees, as well. money they say they don t have, and insurance may not cover. we definitely did not have this kind of cash laying around. you know, to pay these taxes a second time. which is basically what we re having to do. we did let one employee go that, you know, we just had to really sort of tighten our belt. we were looking forward to opening up a new location and then this hit us, you know, blindsided us. with thousands of payroll providers around the country, serving an estimated 40% of the private workforce, you d think there would be direct regulations in place to prevent this kind of thing. there s no fdic, there s no governmental agency that regulates this system. and it definitely needs some regulation. if your company uses a payroll provider, it s highly unlikely that you will run into this kind of trouble. however, this swindle is far
the labor department says september jobs report will be out next tuesday. it was supposed to be out october 4th but a delay because of the government shutdown. during the shutdown only three staff members were working at the bureau of labor statistics. the october jobs report will be release a week late. on friday october 8th, the unemployment rate put at 7.3%. good news for federal workers who were furloughed. they will start seeing back pay in their october 25th paycheck. the exact timing depends on each agency s payroll provider. even more good news for federal workers they will be getting a 1% cost of living pay raise in january. there has been a pay freeze on cost of living increases for federal workers for three years. the raises are part of the deal that the congress passed late wednesday. what kind of toys do rich men buy?
the government. now they not only owe the past due taxes, but they owe penalties and late fees as well. money they say they don t have and insurance may not cover. we definitely did not have this kind of cash laying around. you know, to pay these taxes a second time, which is basically what we re having to do. we did let one employee go that, you know, we just had to really sort of tighten our belt. we were looking forward to opening a fourth location, then this hit us. you know, it blindsided us. with thousands of payroll providers around the country serving an estimated 40% of the private workforce, you d think there would be direct regulations in place to prevent this kind of thing. there s no fda, there s no governmental agency that regulates this system. and it definitely needs some regulation. if your company uses a payroll provider, it s highly unlikely that you ll run into this kind of trouble, however