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Posted: Tuesday, 11 December 2012 6:54AM

Most Employers See No Increased Unemployment Tax Next Year



OLYMPIA, Wash. -- A majority of employers in our state will see no increase in unemployment taxes next year.

The state Employment Security Department has announced that unemployment tax rates in 2013 will remain the same or go down for three fourths of Washington's job providers.
 


Sheryl Hutchison with the Employment Security Department says unemployment taxes are mostly based on each employer’s layoff history, so the more layoffs a company has, the higher the tax rate.

About 25 percent of employers will pay more in 2013 because their layoffs increased in the past four years.

More than one-third of all employers will pay the lowest unemployment tax rate because they had no layoffs in the past four years.

Overall, the average total unemployment tax per employee will rise by $37 next year.

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Topics : Business_FinanceLabor
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Locations : Washington
People : Sheryl Hutchison

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