Fed Reserve Renews New Hire Information Collection for Three More Years
Published Date: 6/5/2025
Notice
Summary
The Federal Reserve Board is extending and updating the New Hire Information Collection for another three years. This affects employers who report new employee info, helping keep important job data accurate and up to date. The changes won’t cost extra but will keep the system running smoothly through the next few years.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
New‑Hire Reporting Extended Three Years
If you are an employer who reports new employees, the Federal Reserve Board is extending and revising the New Hire Information Collection (FR 27; OMB No. 7100-0375) for three years. The Board says the updates will keep job data accurate and will not add extra costs while the system continues to run.
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