New York SBDC Research Network

As our nation prepares to ring in the new year, the U.S. Census Bureau projected the U.S. population will be 324,310,011 on Jan. 1, 2017. This represents an increase of 2,245,347, or 0.70 percent, from New Year’s Day 2016. Since Census Day (April 1) 2010, the population has grown by 15,564,473, or 5.04 percent. In January 2017, the United States is expected to experience one birth every 8 seconds and one death every 11 seconds. Meanwhile, net international migration is expected to add one person to the U.S. population every 33 seconds. The combination of births, deaths and net international migration will increase the U.S. population by one person every 16 seconds. The projected world population on Jan. 1, 2017, is 7,362,350,168, an increase of 77,849,375, or 1.07 percent, from New Year’s Day 2016. During January 2017, 4.3 births and 1.8 deaths are expected worldwide every second. The Census Bureau’s U.S. and World Population Clock simulates real-time growth of the United States ...

From SBA : Access to cash via a line of credit is an important safety net for a small business. Although there are various types of credit lines available, it is the flexibility it provides that makes it so popular among small business owners. A line of credit is more like cash on demand for a set amount. You can draw funds up to the credit limit set when your company needs it, and you only pay interest on the funds you withdraw. Best of all, every dollar of principle you pay back becomes available for the company to use again. The important thing to remember is credit lines for businesses have received an overhaul in the past several years. No longer is a credit line being issued just by banks down the road. Today, there are completely different lines of credit issued to businesses from alternative lenders rather than by banks alone. In addition, small business owners can also get credit lines secured by specific types of collateral such as equipment and accounts receivables.

Go here to get information provided by the New York State Workers' Compensation Board to give businesses quick and direct access to workers' compensation information. It is not intended to serve as an endorsement of the State Insurance Fund or any other insurance carrier. This includes: The Players in the System Who Is and Is Not Covered by the Law Who Is An Employee? Who Is an Independent Contractor? Business Permits - Licenses - Contracts Out-of-State Employers Working in NYS Employers' Rights and Responsibilities Complying with the Law Obtaining Insurance Penalties for Not Having Insurance Understanding Insurance When an Accident Happens Return to Work Construction Employment Payroll Limitation Workplace Safety State Insurance Fund Information

From the Social Security Administration: The new tax filing deadline for both paper and electronic W-2s is now January 31st. Don’t wait until the last minute. Start filing early since Business Services Online (BSO) experiences delays when there is a high volume, especially at the end of the month. Specifications for Filing Forms W-2 and W-2c Electronically (EFW2/EFW2C) Dates to Remember December 12, 2016 - BSO is available for accepting Tax Year 2016, prior year files, and W-2 Online inputs. January 1, 2017 - Update payroll systems to reflect the 2017 wage base rates. Visit 2017 Cola Factsheet January 31, 2017 -Deadline for filing paper and electronic W-2s, AND Deadline for providing W-2s to employees. Use AccuWage to Test Your Wage Reports before Filing with Social Security AccuWage is Social Security's free service that allows you to test your wage reports before you upload them to Social Security. AccuWage reads the file and informs you of any formatting errors i...

From the Bureau of Labor Statistics A total of 4,836 fatal work injuries were recorded in the United States in 2015, a slight increase from the 4,821 fatal injuries reported in 2014. There were 2,054 fatal work injuries involving transportation incidents, an increase from the previous year. Within the transportation category, roadway incidents increased in 2015. Roadway incidents accounted for 26 percent of all fatal work injuries. Almost half of these fatalities involved some kind of tractor-trailer truck. Fatal injuries involving pedestrians were lower in 2015, as were rail and water vehicle incidents. There were 800 work fatalities due to falls, slips or trips in 2015. Falls to a lower level accounted for 81 percent of all fatal falls.

This festive season, or simply the holidays, is a time for gathering and celebrating with family and friends, gift giving, reflection and thanks. To commemorate this time of year, the U.S.  Census  Bureau presents the following holiday-related facts and figures from its collection of statistics.           Rush to the Stores $23.8 billion The estimated retail sales by the nation’s department stores (including leased departments) in December 2015. A decrease of $0.4 billion in retail sales from December of the previous year.  Source: U.S.  Census  Bureau, Monthly Retail Trade Survey www. census .gov/econ/ currentdata/dbsearch?program= MRTS&startYear=2014&endYear= 2015&categories=4521I& dataType=SM&geoLevel=US& notAdjusted=1&submit=GET+DATA& releaseScheduleId Note: Leased departments are separately owned businesses operated as departments or concessions of other service establishments...

From BizJournal : The unexpected resignation of a valued staffer can feel like a gut punch. Even as you’re reading her resignation letter, your head is filling with questions. What about that upcoming deadline? Who’ll take over her projects? What about her clients? How am I going to explain this to my boss? They’re all worth careful consideration, but as you ponder your options, there’s one you can reject immediately... While it’s tempting to focus on averting a departure, your best approach is to vow to never be surprised by an employee’s resignation again. That means asking questions focused on the people who remain and learning what job satisfaction means to them.