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State Sends Re-Calculated Unemployment Insurance Rates

Economy HR & Employment Law News | July 16, 2021

The state has re-calculated unemployment insurance (UI) taxes for 2021 to reflect a law passed in May to moderate staggering COVID-related increases to the UI solvency fund. The Massachusetts Department of Unemployment Assistance notified employers Thursday that it has removed COVID-19 related charges from the solvency fund and charged them to a newly created COVID-19 […]

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Future of Work Report, Facebook Expansion Confirm Need for Training

Economy News | July 13, 2021

On a day when Massachusetts Governor Charlie Baker outlined a new economic world of job transitions and hybrid work, Facebook reminded everyone that the commonwealth remains uniquely positioned to thrive in the new world. The Boston Globe reported this morning that Facebook plans to triple the size of its offices at Kendall Square in Cambridge by […]

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State Budget Avoids New Broad-Based Taxes

Budget, Tax, & Finance Economy News | July 12, 2021

Both branches of the Massachusetts Legislature on Friday adopted a $48.1 billion budget proposal for the Fiscal Year 2022. Approval of the blueprint came a day after a conference committee resolved the differences between each chamber’s version of the budget. The budget achieved a critical AIM priority by funding essential services without increasing broad-based taxes. AIM was able to […]

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State Accepting Applications for Sick-Leave Reimbursement

Economy HR & Employment Law News | July 8, 2021

Editor’s note – The Massachusetts Executive Office of Administration and Finance issued the following statement today: Massachusetts is now accepting applications from employers for reimbursement of their costs in granting Massachusetts emergency paid sick leave.  To recap, from Friday, May 28, 2021, until September 30, 2021 or the exhaustion of $75 million in program funds […]

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Business Confidence Rises Again in June

Economy News | July 6, 2021

Confidence among Massachusetts employers rose for the fifth time in six months during June amid signs that the recovery of the labor market is gaining momentum. The Associated Industries of Massachusetts Business Confidence Index (BCI) rose 1.5 points to 63.4 last month, leaving it 14.4 points higher than a year ago. The increase was driven […]

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AIM Seeks Improvements to Paid Leave Law

Economy HR & Employment Law News | July 1, 2021

As the final phase of the Massachusetts Paid Family and Medical Leave (PFML) law takes effect today, Associated Industries of Massachusetts (AIM) is calling on lawmakers to make improvements to the program. Employees throughout the commonwealth may use their PFML benefits as of today to care for a family member with a serious health condition. […]

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Non-Profits Gain Extension on Pandemic Unemployment Bills

Economy HR & Employment Law News | June 30, 2021

Non-profit organizations and other entities that self-insure their unemployment insurance (UI) now have two extra months to pay their pay their UI bills for the period August 2020 through March 2021.   The Department of Unemployment Assistance (DUA) issued notices to reimbursable or self-insured employers on June 29 confirming their UI bills for the August-March period […]

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Reflections on the Juneteenth Holiday

Economy HR & Employment Law News | June 17, 2021

Associated Industries of Massachusetts and the commonwealth’s business community join with our fellow citizens in celebrating the first official state observance of Juneteenth, which commemorates the day in 1865 that the last enslaved people held in Galveston, Texas learned of their freedom, two years after President Abraham Lincoln issued the Emancipation Proclamation. The day is […]

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Governor Signs Extension of Some COVID Policy Provisions

Budget, Tax, & Finance Economy News | June 15, 2021

Governor Charlie Baker signed a bill this morning that extends several policy provisions adopted during the COVID-19 public health State of Emergency. The measure addresses provisions that expired at the end of the official State of Emergency order yesterday. Visit the AIM Web Site The legislation will allow publicly traded companies in Massachusetts to continue […]

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Business Confidence Moved Higher in May

Economy News | June 6, 2021

An emerging economic recovery and good news about COVID-19 pushed business confidence slightly higher in Massachusetts during May. The Associated Industries of Massachusetts Business Confidence Index (BCI) rose 1.2 points to 61.9 last month leaving it almost 20 points higher than a year ago. Confidence levels remain comfortably in optimistic territory. The increase was the […]

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