The Gravy Train Is Slowing Down
In 1998 U.S. companies announced the layoff of 677,795 workers. The workforce reductions set a record thus far for the decade. The figure for December alone, which was double the November layoff number (51,642) and 77% larger than for December 1997 (58, 293), may give a bitter taste of things to come.
Note: all figures are based on announced layoffs
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States look to unclaimed property for revenueThis free report outlines the escheat process, common types of AUP, how different states are handling it and how companies can plan for potential audits and liabilities.