Employer-Paid

Confronted with an economy that has decidedly underperformed this year, economists are scaling back their growth forecasts for 2011 and next year.

Bank of America will cut about 30,000 jobs over the next few years in a bid to save $5 billion per year. The cost-cutting drive is part of a broader effort to reshape and shrink the nation's largest bank as it copes with fallout from the housing bust.

Atlantic City's largest casino workers union is ramping up its opposition to proposed pay cuts as contracts with nine of the 11 gambling halls are set to expire Thursday.

Small employers face two tax filing deadlines in the coming weeks in order to take advantage of tax credits offered under health care reform.

Fifty-two percent of Seattle voters who are likely to participate in the November 2011 election support a type of paid sick leave that is comparable to an ordinance Seattle City Council members are considering tomorrow, according to a new survey by CityFeedback, a division of Survey Analytics LLC.

The real takeaway from President Barack Obama's jobs agenda? Workers probably can count on continuing to pay lower Social Security taxes. Employers may not have to pay as much, either. The long-term unemployed probably will keep drawing jobless benefits.