Indiana is listed as one of the top ten states in the nationfor new hires thanks to a federal tax incentive program, saidCongressman André Carson.
Carson, referring to a recent report from the U.S. Department ofthe Treasury, said about 173, 000 Hoosiers have been hired withinthe past five months. These spikes in jobs have made it possiblefor multiple Indiana companies to receive tax breaks because of allthe new hires.
The Hiring Incentive to restore Employment Act that was passedearlier this year is how companies will receive those tax breaks.The HIRE Act will provide a $1,000 tax credit to employers who keepworkers for 52 weeks. The act will further exempt employers fromhaving to pay out their 6.2 percent share of the Social Securitypayroll tax for the rest of 2010.
Indiana is ranked 10th in the nation right behind Michigan.
"The early success of the HIRE Act is welcome news for oureconomy," said Congressman Carson. "There are companies on the cuspof growth, and with these additional tax incentives, they're movingto hire people now--putting unemployed Hoosiers back to work andbuilding momentum for our local economy."
The Congressman is sponsoring a job fair in collaboration withIvy Tech Community College Aug. 25 from 9 a.m to 3p.m. atIUPUI’s campus Center in downtown Indianapolis. Carson hopesthe fair will encourage companies to continue to take advantage offederal tax breaks.
Available jobs range from service-based jobs to skilled-tradespositions to professional, high-wage jobs.
Anyone who wants to participate can find more information on thejob fair can call 317-921-4539 or visitwww.ivytech.edu/carsonjobfair.
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