Tuesday, April 6, 2010

Local Talx Corp. Stirs Controversy in Contesting Jobless Claims, Says NY Times

Posted By on Tue, Apr 6, 2010 at 10:45 AM

click to enlarge TALX.COM
  • talx.com
At least one St. Louis enterprise is exploding in these dire economic days - though not without naysayers.

Sunday's New York Times had a front-page story on Talx, a company headquartered near Westport Plaza that helps other companies -- including many in the Fortune 500 -- challenge unemployment claims. Talx's service can save firms money because if fewer former employees collect jobless benefits, the firms pay less in unemployment taxes.

The controversy, according the Gray Lady, is this:
...critics say the company has undermined a crucial safety net. Officials in a number of states have called Talx a chronic source of error and delay. Advocates for the unemployed say the company seeks to keep jobless workers from collecting benefits.
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