Vision Payroll

According to the US Department of Labor, in the week ending January 1, the advance figure for seasonally adjusted initial claims was 409,000, an increase of 18,000 from the previous week’s revised figure of 391,000. The 4-week moving average was 410,750, a decrease of 3,500 from the previous week’s revised average of 414,250.

Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged

The advance seasonally adjusted insured unemployment rate was 3.3% for the week ending December 25, unchanged from the prior week’s unrevised rate of 3.3%.

Advance Seasonally Adjusted Insured Unemployment Decreases

The advance number for seasonally adjusted insured unemployment during the week ending December 25 was 4,103,000, a decrease of 47,000 from the preceding week’s revised level of 4,150,000. The 4-week moving average was 4,122,500, a decrease of 2,750 from the preceding week’s revised average of 4,125,250.

Saturday, January 1, 2011 will be New Year’s Day, a federal holiday. The offices of Vision Payroll will close New Year’s Eve, December 31 at 2 pm EST and re-open Monday January 3. Most banks will also be closed in observance of the holiday. Payroll changes and hours must be submitted before the processing deadlines as listed below.

Date Paid	Process Deadline
12/31/2010	12/29/2010
01/01/2011	12/30/2010
01/03/2011	12/30/2010
01/04/2011	12/30/2010

Payroll Dates May Be Affected by New Year’s Day

Payrolls dated January 1 will be paid December 31 unless a previous change in schedule has been submitted.

Birthday of Martin Luther King, Jr. Is Next Federal Holiday

Due to heavy USPS and UPS delivery requirements, we strongly recommend submitting payrolls during this time as early as practicable. UPS does not ship ground deliveries received on December 31 until January 3 so we do not recommend submitting payrolls on that date. The next federal holiday will be January 17, 2011, the Birthday of Martin Luther King, Jr. Contact Vision Payroll as soon as possible to make changes to or for questions on your processing schedule.