Manage Your Rising State Unemployment Insurance Rate
Since December 2007, the U.S. economy has lost 6.7 million jobs. The resulting surge in unemployment claims has depleted state unemployment insurance funds and set the stage for substantial increases in the taxes small businesses will pay to help fund current claims and replenish state coffers. In 2010, employers face a projected increase in unemployment insurance tax payments that ranges from 2.5% to 600%.
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