Tax Credits for Voluntary Paid Leave through March 31, 2021 (swacca.org)
The Families First Coronavirus Response Act (FFCRA) required employers with fewer than 500 employees to provide paid sick and family leave to employees during the period of April 1, 2020 through December 31, 2020. Covered employers who provided paid leave were 100% reimbursed through a payroll tax credit mechanism, which has been extended through March 31, 2021.
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Despite COVID-Related Disruptions, Team NEO Says Region Poised for Strong Economic Development
By Kim Palmer, Crain's
Business development organization Team NEO has some standout numbers so far in a difficult year, having assisted with $2.5 billion in new capital investment from 44 economic development projects estimated to generate more than 4,200 jobs and $225.8 million in annual payroll.
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Build Diversity and Create Equity By Offering Small Businesses Sustainable Opportunities
By Glen Shumate, Crain's
It's often said that small businesses are the foundation of the American economy. What isn't routinely recognized is the fact that small businesses owned by women and minorities face significant barriers to long-term economic success, namely access to capital and access to contracting opportunities.
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New U.S. Labor Regulation Would Hurt Contractors & Workers
In this opinion piece in Fortune, signatory contractor, Scott Casabona (Sloan & Company), explains how a proposed federal labor regulation would make it even easier for unscrupulous contractors to shift the cost of being an employer onto workers by classing them as "independent contractors."
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Cleveland City Council Approves $162M in Aid for Projects
By Robert Higgs, cleveland.com
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Gen Z's Advice for Recruiting Gen Z to Construction
By Zachary Phillips, Construction Dive
Generation Z’s perception of construction is evolving, but there’s still a lot more contractors could do to attract the next generation of workers, according to three Gen Zers interviewed on Associated General Contractors of America’s ConstructorCast.
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Craftworker Shortage Was Easing Slightly Before COVID-19 Crisis Hit
The Association of Union Contractors (TAUC)
Labor shortages in the union construction and maintenance industry were still prevalent in early 2020, but respondents to a survey conducted between mid-January and mid-February reported that the problem had leveled off somewhat. Then the COVID-19 pandemic hit, upending conventional wisdom and compelling contractors, labor representatives and owner-clients to deal with a dramatically altered business landscape.
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