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Employee Benefits & Human Resources

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CNY jobless rates remain higher than a year ago amid significant job losses

Unemployment rates in the Syracuse, Utica–Rome, Binghamton, and Elmira regions were mostly below 6 percent in November 2020 but remained higher compared to a year ago amid the continuing negative economic impact of the COVID-19 pandemic and government restrictions on business activity. Bucking the trend, the jobless rate in the Watertown–Fort Drum area was lower this past

Health-benefit costs rose 3.4% in 2020 for firms with 50-plus employees

Total health-benefit costs rose 3.4 percent, on average, in 2020, reaching $13,674 per employee among all U.S. employer health-plan sponsors with 50 or more employees.  That’s according to the annual Mercer “National Survey of Employer-Sponsored Health Plans 2020,” which the firm released Dec. 8. The 3.4 percent figure represents “the lowest annual health-cost increase in over two

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