Calculating an Employer's Unemployment Insurance Contribution Rate



The U.S. Department of Labor recently released their July 2016 to September 2016 report on the status of the Unemployment Insurance Program. Additionally, Utah sent notification of 2017 contribution rates to all employers. 1 out of 5 employers were able to access this information the very next day by opting into Electronic Correspondence at jobs.utah.gov.


These new rates became effective Jan. 1, 2017. Employers will see the new rates when they file their report for January to March wages in April 2017.


Thanks to the effective management of our state legislature and the growing economy, Utah’s trust fund continues to be the 4th healthiest in the nation. This fund is used to pay benefits to eligible individuals. A healthy fund means that we have a robust enough balance to weather another significant increase in people claiming unemployment and that we’re not collecting more from employers than is necessary. More...






Utah's Employment Summary: November 2016


Utah’s nonfarm payroll employment for November 2016 grew by an estimated 3.0 percent, adding 42,100 jobs to the economy since November 2015. Utah’s current employment level registers 1,447,700.


November’s seasonally adjusted unemployment rate declined one-tenth from October to 3.1 percent. Approximately 46,600 Utahns were unemployed in the month and actively seeking work. The national unemployment rate dropped three tenths of a percentage point from October to 4.6 percent. More...




New 2017 Unemployment Insurance Tax Rates for Utah Businesses Announced



Today, the Utah Unemployment Insurance Division announced the 2017 tax rates for Utah employers. In 2017, 75.8 percent of Utah's established employers will qualify for the minimum contribution rate of 0.2 percent or $66 per employee per year. Utah’s taxable wage base increased from $32,200 to $33,100 over the past year.


Experienced employers will see a modest decrease on average of 4.2 percent in their 2017 contribution rates compared to 2016 — with rates ranging from 0.2 percent to 7.2 percent. New employers will pay an industry average, ranging from 1.1 percent to 7.2 percent.


“Utah’s steady and strong economy over the past several years has enabled us to build up the fund to a healthy level, helping to ensure we can pay increased demand for benefits when the economy slows,” said Michelle Beebe, director of the Unemployment Insurance Division. More...