florida state unemployment tax rate 2022florida state unemployment tax rate 2022

A 10 percent tax on a $7,000 wage base raises $700, while the same rate on a $49,800 wage base generates $4,980. The Unemployment Program Administrative Fund (UPAF) was created in 2021 to ensure adequate funding for the state's UI program ( 2019 Chapter 616 ). Nevada Announcement Relating to 2022 Unemployment Tax Rates. (8) The state's SUI tax rates are in effect July 1 through June 30. The new employer rate will continue to be 1.0% for 2022. Many states give newly registered employers a standard new employer rate. Get started now for just $1. The changes in computing employer SUI tax rates were projected to prevent a cost increase to employers of over $921 million for 2021 and $1.7 billion overall from 2021 through 2025. Another important consideration is a state's experience rating formula, which varies from state to state. The bill would effectively delay two years of rate increases. The wage base also went up from $13,600 to $17,000 and is set to increase to $20,400 in 2023, $23,800 in 2024, $27,200 in 2025, and $30,600 in 2026. The state also passed legislation that indicates that employer's experience rates will not be affected by charges incurred during the period of March 8 through December 31, 2020. Certain employers (i.e., maximum-rated) may be exempt from the surcharge. To account for the reduction in solvency rate, employers that were charged a solvency assessment on their 2021 rate notice will be credited back a portion of the solvency assessment to their account's experience-rating reserve balance, resulting in an adjusted 2021 UI rate. New employers pay a total rate of 4.1%, including the subsidiary tax rate of 0.625% and the reemployment tax of 0.075%. The maximum amount the wage base can be is $12,000. This was because Michigan's UI trust fund balance fell below $2.5 billion on June 30, 2020 and 2021. The Florida Reemployment Tax minimum rate for 2022 is 0.1% and can be as high as 5.4%. In some states, the non-charging provisions have expired. Outlook for SUI Tax Rates in 2023 and Beyond, Coronavirus State and Local Fiscal Recovery Funds, ARPA State Fiscal Recovery Fund Allocations. According to a bill summary, the base rate would have been 2.4% for the 2022 calendar year if the legislation did not require it to remain at 1.9% because the balance in the state's unemployment trust fund missed the trigger by $170 million. These rates include a 5.40% surcharge and 0.50% additional contribution tax. The rate for deficit employers (6.0%) is subject to a 2.0% increase every two-years for continued deficit rate status, to a maximum of 14.0%. New Jersey (fiscal year jurisdiction) Bill A-4853/S-301 Included in the rate is the 0.05% Claimant Employment Program (CEP) rate assessed to all employers except those that are maximum rated. These rate changes were reflected on employers' 2021 quarterly SUI tax returns. States are continuing to take actions to mitigate some of the financial hardship expected on employers in 2022 and beyond. Under the new legislation, Kansasunemployment tax rates will be determined using a standard rate schedule with six new solvency rate schedules and six new credit rate schedules providing for solvency and credit rating adjustments to be made according to the experience rating of employers, effective with tax year 2022. Kansas HB 2196 Net Trust Fund Balances per respective Unemployment Insurance Data Summary reports published by the U.S. Department of Labor. The maximum tax rate remains 5.4%. The amount of time depends on the state. Disclaimer:The information provided herein is subject to change. 11/04/22 - 2022 Florida Tax Handbook [pdf] 11/01/22 - Updated School District County Profiles [cfm] 10/26/22 - Results of the Health Insurance Subsidy & Florida National Guard Benefits Conference held October 20, 2022 [cfm] 10/25/22 - Results of the Labor Market Estimating Conference held October 25, 2022 [cfm] Massachusetts SB 90 The final date to protest an unemployment tax rate is May 1, 2022. Table C is in effect (rates range from 0.5% to 5.8%) for fiscal year 2022 (from July 1, 2021 through June 30, 2022). Negative-balanced employers continued to be assessed the inverse rate surcharge of 1.5% which was added to their base rate for third and fourth quarter 2020 and first, second, third and fourth quarters 2021. Schedule D is the lowest contribution rate schedule. Florida is to delay the calculation of unemployment tax rates for 2022, the state revenue department said Nov. 29. Public Notice and Order 20-19 limited the calculation of the contribution rate adjustment (CRA)'s effect on employer 2022 SUI tax rates. To do so, sign up for a SUTA tax account with your state. SUI tax rates on Rate Schedule C range from 1.0% to 10.5%, down from 2.2% to 13.5% on Table F for 2021. Per the TWC, these rate factors will be in effect for 2022: According to a TWC tax representative, the 2022 tax rate notices are expected to be mailed to employers during the week of January 10, 2022. The bill aims to assist employers affected by the COVID-19. The special payroll tax offset is 0.09% for all four quarters of 2022. Unemployment Rate in Florida (FLUR) Observation: Dec 2022: 2.5 (+ more) Updated: Jan 25, 2023 Units: Percent, Seasonally Adjusted Frequency: Monthly 1Y | 5Y | 10Y | Max to Edit Graph EDIT LINES ADD LINE FORMAT Close Share Links Account Tools NOTES Source: U.S. Bureau of Labor Statistics Release: State Employment and Unemployment The bill aims to assist employers affected by the COVID-19. The rate schedule will increase from Schedule A to Schedule C (ranging from 0.50% to 9.50%), Kentucky Announcement Relating to COVIDBenefit Charges Connecticut HB 5377 At this time, the wage base is scheduled to remain at $12,000 for 2022. The taxable wage base for 2022 will remain $14,000. Number: UIT-0603A (FY2023) Effective Date: Thursday, December 1, 2022. Rates can only be understood in tandem with wage bases. Content Section: Document Center. In addition, the legislation temporarily changes the lookback period for determining an employer's unemployment experience rating. Category 1 employers are contributing employers who had 20 or fewer employees as of the 4th quarter of 2020 whose experience rating increased by three or more rate classes from 2021 to 2022, and belong to specified North American Industry Classification System (NAICS) codes. Under the legislation, employers will not be charged for any unemployment benefit claims tied to the coronavirus (COVID-19) pandemic. General Account Balance: Less than $0 * The Unemployment Insurance contribution rate is the normal rate PLUS the subsidiary rate. Beginning with calendar year 2025, the taxable wage base will be indexed each year for inflation. Rates range from 1.5% to 6.2%. The state of Ohio allows voluntary contributions which must be submitted by December 31, 2021. The wage base fluctuates with the balance in the state's unemployment trust fund. The Alaska Department of Workforce Development has announced a new option for employers to reduce their unemployment tax rate. For 2022, contribution rates (including the graduated social cost rate) range from 0.30% to 6.00%. Account Building Component 0.6%. This applies to all employers and is not subject to appeal. The contributions for these rates are calculated as separate items on the quarterly contribution report. (Historical rate chart, 20122022.). The bill sets limits on the social contribution rate and reserve factor for the next three years. This reduction is the result of a previous deposit of CARES Act funds into the state's UI trust fund. (or as low as 0.1%, if appropriate) UNEMPLOYMENT TAX RATE: 2.7%. State trust fund balances are the primary driver of SUI tax rates. You can go to the Florida Department of Revenue's website now to see your new reemployment tax rate for 2021. Due to SB 20-207, there are no fund-building surtaxes or additional rates added to the 2022 SUI base tax rate. The rates range from 0.30% to 8.20%. Adjusted 2021 UI rates are retroactive to January 1, 2021. Unemployment tax rate Schedule F+ (Schedule F plus a 15% emergency surcharge) will continue to be in effect in the 2022 tax year. A 0.03% pool cost charge will be in effect in 2022 as well as a fund building charge of 0.20%. Alternatively, employers with a credit may be able to request a refund of the overpaid tax dollars. Please feel free to contact our Employment Tax Consulting Group with any questions. The new lawstops any further increase in the unemployment taxable wage base in 2022. The new ratio, when applied to the applicable rate table, will lower the tax rate. HB 7001 also requires that $862 million be deposited in the state's UI trust fund. The 2022 social charge rate increased from 16.72% to 17.68% which will result in higher rates for most employers. Utilizing available state-specific rating strategies to lower SUI tax rates (e.g., voluntary contributions, joint account formation, negative write-off payments, payroll variation elections, etc. Unemployment tax rates for experienced employers continue to range from 1.5% to 8.5% in 2022 (Column C of Table III). The lawsuspendsthe provisions of R.S. Last updated: August 31, 2022(changes since last update on June 30, 2022will begin with**NEW**). **NEW** Nevada Announcement Relating to 2023 Taxable Wage Base. Since the level of state trust funds is a primary driver in determining SUI tax rates, the use of funds to replenish depleted trusts can have positive implications for employers. Proposed legislation (L. 2022, H144), which passed in the Kentucky House of Representatives on January 31, 2022 and is currently under review in the state Senate Committee on Committees, seeks to freeze the unemployment tax rate schedule to Table A (rates range from 0.3% to 9%). House Bill 1049 states that the wage basemay not increase to more than $10,000 in 2022. Other provisions that will take effect on January 1, 2024 include: not charging employers for unemployment benefits claimed through the state's shared work program during periods of high unemployment and capping the fund solvency tax at 1.0% (currently at 1.4%). UI tax is paid on each employee's wages up to a maximum annual amount. Equifax is not providing, and cannot provide, tax and legal advice. The bill is currently being reviewed by the Assembly. Another $20 million was subsequently deposited, according to the state's coronavirus relief fund expenditures website. Help manage your I-9s at each stage to offer a better onboarding experience. Press the Accounts Affected button and pick the appropriate option. The 2022 taxable wage base has been determined and has increased to $39,800. The bill aims to provide some tax relief to businesses impacted by the coronavirus (COVID-19) pandemic and would be retroactive to January 1. Florida's Nonagricultural Employment. Some states split new employer rates up by construction and non-construction industries. The new employer rate remains 0.55% in 2022. For the 2022 fiscal year, the contribution rate would be determined by the size of the index column headed at 2.5% but less than 3%. States also set wage bases for unemployment tax. The base rate adjustment factor remained 50% and the Administrative Assessment remained at 0.06%. But if your employees work in different states, you will pay SUTA tax to each state an employee works in. The legislation, retroactively effective January 1, 2021, calls for unemployment tax rate schedule D (0.2% to 5.8%) to apply for 2021 and 2022. The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The state tax is payable on the first $15,500 in wages paid to each employee during a calendar year. Included in the rate is the 0.05% Claimant Employment Program (CEP) rate assessed to all employers except those that are maximum rated. Florida has recently re-branded this as Re-Employment Tax and sets the rate for new business owners at 2.7%. Negative reserve employers will no longer receive a 10% rate reduction. There is typically a lag between when economic downturns impact SUI tax rates. See the Equifax 2021 Tax Guide for additional state-specific details. New Hampshire (fiscal year jurisdiction) 2021/2022 Unemployment Tax Rate Issuance. Normally, the average UI trust fund balance for four quarters determines the CRA. New Legislation creates the Unemployment Insurance (UI) Relief Account. The legislation is effective the computation of tax rates for tax years beginning January 1, 2022. This marginal tax . 2021 SB 5061 reduced the 2021 SUI tax rates for experience-rated employers; and revised 2021 SUI tax rate notices were issued in late February 2021. The new legislation provides for unemployment insurance Procedure 2 to be applied by the secretary of the Louisiana Workforce Commission for calendar year 2022. Additionally, a fund solvency rate may be added to the base rate, which will be based on the solvency of the territory's UI trust fund. The unemployment tax rates for experienced employers in 2022 will range from 0.33% to 6.4% (0.33% to 5.4% in 2021). This article has been updated from its original publication date of July 16, 2018. Before the official 2023 Florida income tax rates are released, provisional 2023 tax rates are based on Florida's 2022 income tax brackets. As illustrated in the below graphic, as net trust fund balances began to decline in 2009 as a result of the Great Recession, the average SUI tax rate in the U.S. did not hit its peak until 2012. The new-employer tax rate will also remain stable at 3.40%. The legislation changes the 2022/2023 base rate from 0.50% to 0.10%, the 2022/2023 additional assessment from 14.00% to 0.00%, and the 2022 special assessment (federal interest loan assessment) from 1.80% to 0.00%. Experienced employer rates will be determined under Tax Schedule III (Schedule IV in 2021). Step 1: Make Sure You're Following All Florida Payroll & Labor Laws. Had no limiter been provided for under Illinois law, the factor would have been 227%. More Illinois unemployment insurance tax details. The total experience rates range from 0.3% to 7.0% for positive experience-rated employers and 7.2% to 9.7% for negative experience-rated employers. Sections 8 and 12 require the state treasurer to transfer $600 million to a newly created fund with money received by Colorado through the federal American Rescue Plan Act (ARPA) to be used only to repay outstanding balance of federal unemployment advances. Connecticut Announcement Relating to the Federal Title XII Interest Assessments Connecticut HB 6633 South Dakotas 2022 SUI tax rates were issued on October 29, 2021. After this time, the "new" employer can qualify for a lower tax rate. Oregon Announcement Relating to2022 Unemployment Tax Rates The bill requires the base unemployment contribution rate for an experience-rated employer to remain at 1.9% for the 2022 calendar year. Unemployment rates in November were stable in 35 states, higher in 12, and lower in 3 states and the District of Columbia according to the U.S. Bureau of Labor Statistics. Lastly, benefit charges from the first and second quarters of 2021 may be decreased if EDR estimates total tax collection for rate year 2022 will exceed $475.5 million. Florida's nonagricultural employment (seasonally adjusted) was 9,578,500 jobs in December 2022. State unemployment tax is a percentage of an employees wages. Iowa Announcement Relating to 2022 Unemployment Tax Rates ). The temporary waiver of interest on Title XII loans provided in the Families First Coronavirus Response Act ended on September 6, 2021. the FUTA tax for 2022 is scheduled to be 6.0 percent on the first $7,000.00 of wages paid to employees. Even if the non-charging provisions expired in 2020, they can still have a positive impact on 2022 rates since most states' rating calculation periods begin July 1, 2020 and end on June 30, 2021. The rate tables remained the same(rates range from 0.1% to 8.5%)however, the rate reduction is 0.00% and the Inverse Rate Surcharge of 1.5% was added to negative balanced employers. Category 2 employers are contributing employers of any size whose experience rating increased by three or more rate classes from 2021 to 2022, and belong to specified North American Industry Classification System (NAICS) codes. Additionally, under SB 5061, the computation of the "graduated social cost factor" portion of employer SUI tax rates, which is based on costs from the previous year for benefit payments that can't be attributed to specific employers, was based on a flat multiplier of 0.5% for 2021; and will be not more than 0.75% for 2022; 0.8% for 2023; 0.85% for 2024; and 0.9% for 2025. If a state has an outstanding loan balance on January 1 of two consecutive years and has not repaid the balance by November 10 of that second year, employers in the state are at risk of losing a portion of their FUTA tax credit for that year. State unemployment taxes are paid to this Department, and deposited into a trust fund that can only be used for the payment of benefits. The legislation identifies employers for four categories. Generally, you need to make quarterly payments. Virginia Announcement Relating to 2022 Unemployment Tax Rates . For some states, this SUTA tax rate includes other taxes. In addition, if a state uses the funds to repay Title XII advances prior to January 1, 2022, this could help avoid FUTA credit reductions in calendar year 2022. In Rhode Island, a series of nine experience rating schedules have been set by law under which employer rates can range from a low of 0.6% in Schedule A to a high of 10.0% in Schedule I. SB 62 required that UI benefit charges for calendar year 2020 not be used in the computation of the "current fund ratio" and the "highest benefit cost rate," factors used to determine which of the five rate schedules provided for by law will be in effect for the next fiscal year. Unemployment tax rates are to be calculated in early 2022 Employers are to receive tax rate notices before the deadline for first-quarter reports Florida is to delay the calculation of unemployment tax rates for 2022, the state revenue department said Nov. 29. Rhode Island Governor Daniel J. McKee issued Executive Order No. More states would have increased their rate schedules but avoided that outcome because many of them deposited federal COVID-19 stimulus funds into their unemployment insurance (UI) trust funds and/or enacted legislation to reduce the impact on employer tax rates caused by the reduction in their UI trust funds. Typically, there is interest on federal unemployment loans, which is due by September 30. Each state sets a different range of tax rates. New employers pay 2.7% in 2022. The new law removes COVID-19 pandemic layoffs from the calculation of unemployment tax rates. Contributory Employers will not receive a charge statement for these quarters. The above is not intended to suggest that all states acted to mitigate risk. The legislation effective date is October 1, 2021. **NEW** Effective January 1, 2022, until June 30, 2022, Premium Rate Table 6 remains in effect. As a result, employers that wish to protest the individual employer account information used in computing their 2022 tax rate may file a protest during the period of January 17, 2022 to February 7, 2022. The tax rates for these employers range from 6.5% to 8.5%, including the surtax. Generally, employers may receive a credit of 5.4% when they file their Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return, to result in a net FUTA tax rate of 0.6% (6.0% - 5.4% = 0.6%). Per an employer notification issued by the New York Department of Labor, the rate table change means unemployment rates have adjusted upward for all employers in 2021. (Governor Gordon's news release, 10-15-2021; EO 2021-08, superseding EO 2020-12; governor's executive order webpage.). There are no NAICS-rated sectors in 2022 that will pay a higher entry rate. Utah Announcement Relating to 2022 Unemployment Tax Rates Unemployment tax rates for experienced employers continue to range from 0.06% to 5.76% in 2022. Negative ratio employers will pay rates ranging from 11.05% to 20.93%. Legislation enacted in 2020 (HB 2455) holds the increase to the State Experience Factor for 2022 to 16% above 2021's factor; as a result, the 2022 factor is held at 111% (up from 95% for 2021). Now, these funds need to be replenished so a number of states are increasing taxes. The taxable wage base increased from $32,400 for 2021 to $34,800 for 2022due to an increase in the average annual wage for 2020 of $52,130.71 up from $48,455.86 in 2019. The Families First Coronavirus Response Act waived this interest until September 6, 2021. This is because when more unemployment claims are filed, more benefits are paid to claimants, which are charged to the state trust funds. 2022 SUI tax rates were provided via email from the South Dakota Department of Labor. For initial claims with an effective date prior to September 5, 2021, employers will not be charged for the duration of the claim. For the fifth consecutive year, the tax rates used to fund unemployment benefits will be the second lowest allowed by law. The bill's provisions apply to the extent allowed by federal law and as necessary to respond to the spread of COVID-19. A multiple of 1.00 indicates a state trust fund is deemed sufficiently solvent and able to pay one year of benefits associated with an average recessionary period. The recalculations were the result of reports of large percentage increases in the original 2021 SUI experience tax rates. Check your states government website for more information. **NEW** Rhode Island HB 7123 The taxable wage base increases from $27,000 to $28,700 in 2022. Legislation enacted earlier in 2021 (SB 114/SL 2021-5) also set the base rate at 1.9%, down from 2.4%, resulting in revised 2021 tax rates for most experience-rated employers. Or, they may be referred to as reemployment taxes (e.g., Florida). Unemployment taxes vary from business to business depending on their rate of layoffs. Meanwhile, the National Conference of State Legislatures says that Florida's unemployment rate has been at or below 5 percent since August of 2021. Section 3 of the bill repeals the requirement that an individual wait at least one week before becoming eligible for unemployment compensation (effective when the unemployment fund reaches a balance of at least $1 billion). Find SUTA tax rate information and updates in the state(s) where you operate. For calendar years 20212022, the diversion of 0.075% to the service capacity upgrade fund (SCUF) is suspended due to the condition of the state's UI trust fund balance. Due to this delay in the computation date, it may lead to a delay in the issuance of the states 2022 tax rate notices. A New Mexico Department of Workforce representative confirmed that the base SUI tax rates for 2022 will continue to range from 0.33% to 6.4% for experience-rated employers and from 1.0% to 1.31% for new employers. The initial reemployment tax rate for new employers remains at 2.7% and stays in effect for the first 10 quarters. The state also reinstituted the 14% Additional Assessment, resulting in increased costs for all employers. The Consumer Price Index for All Urban Consumers (CPI-U) for the South increased 0.8 percent in January, the U.S. Bureau of . Extends from 10 years to 20 years the look-back period used to determine Unemployment Compensation Trust Fund solvency level and provides that 2020 and 2021 are not included in the 20-year look-back period. The combined state workforce investment, Mississippi Works, and Workforce Enhancement Training surcharge continued at 0.2%. Finally, the annual taxable wage base will remain at $9,500 for 2022. However, there is the possibility that legislative action may reduce the wage base to $9,000. Per the U.S. Department of the Treasury site titled: Coronavirus State and Local Fiscal Recovery Funds. In addition, the DLE has announced that 2022 unemployment tax rate notices to employers will be delayed due to the volume of work to determine correct pandemic claims charging. If the trust fund balance is over $1 billion on December 31, the taxable wage base is $7,000. Rates range from 0.9% to 5.4% (1.2% to 5.4% in 2021). Revised rate notices were issued to employers. As state trust funds are depleted during a period of increasing or higher levels of unemployment, SUI tax rates have historically increased. The new law reduces the amount of unemployment tax and assessments a taxpaying employer will owe in 2022 and 2023. In the first year of the FUTA tax credit loss, the net FUTA tax rate increases from 0.60% to 0.90%. (4) The surcharge is combined with the unemployment tax rate on the quarterly contribution report. For 2026, the lookback period will be one year. Since EDR has until January 1, 2022, to advise the Department whether to decrease benefit charges, the Department has until March 1, 2022, to post rates for the 2022 calendar year. 2017 legislation grants the territory's Secretary of Labor the discretion to increase the taxable wage base to as much as $10,500 if deemed necessary. Florida gained 440,000 jobs since December 2021. The taxable wage base increases from $27,000 to $28,700 in 2022. The rates range from 0.50% to 7.40%. For calendar year 2022, the adjusted state experience factor is 111% and the benefit conversion factor remains at 138.4%. Preliminary data suggests that, because of mitigating actions taken, SUI tax rates for 2022 are not expected to increase as significantly overall as originally anticipated. The percentage difference between a states average tax rate and the Minimum Adequate Financing Rate shows how a states current level of financing compares to the determined adequate level. For the period beginning July 1, 2022, through June 30, 2023, the new employer rate in Tennessee for contributory employers remains at 2.7%. 23:1536(E)(1) relative to the unemployment insurancesolvencytax on employers. Legislation (HB 90, 2021 Chapter 9) froze the 20212022 employer SUI tax rate schedule at the same as was in effect for 2020 (Schedule E). A "reserve factor" is multiplied by the individual experience-rated employer's benefit ratio and used to determine the employer's total tax rate. Not all states have released 2023 SUTA tax information. As a counterbalance to increases in wage bases, the legislation requires that employersnot be assessed a solvency surcharge for calendar years 2021 and 2022,even if the unemployment trust fund balance falls low enough to warrant an increase in the unemployment tax rates. Starting in 2021, and continuing for 2022, the SUI taxable wage base increased to $9,500 for all employers, up from the $9,000 that had been in effect for the past several years for non-delinquent employers ($9,500 was assigned to delinquent employers). ), The revised 2021 North Carolina SUI tax rates continue to range from 0.06% to 5.76%. For 2022, the General Experience Rate remained at 0.00%, and the Workforce Investment and Training Contribution Rate remained at 0.20%. Here is a list of the non-construction new employer tax rates for each state and Washington D.C. Total Unemployment Rate for December of each respective year per U.S. Department of Labor, Bureau of Labor Statistics. Generally you can work up to 7 days per week without losing full unemployment benefits for that week, if you work 30 hours or fewer and earn $504 or less in gross pay excluding earnings from self-employment. The taxable wage base is $36,600 for 2022. Recipients of funds (e.g., the states) may make deposits into unemployment trust funds up to the level needed to restore the pre-pandemic balances of such account as of January 27, 2020 or to pay back advances received under Title XII for the payment of benefits between January 27, 2020 and date the Interim Final Rule becomes effective. The taxable wage base is $27,700 for 2022. The taxable wage base increased from $35,000 to $38,000 for 2022. The order supersedes Executive Order 20-19 and will remain in effect through October 1, 2021 unless renewed, modified, or terminated by a subsequent EO. Manage your workforce and protect your business with timely and informative articles from our specialists. The range for non-chargeable benefits components will continue to run from 0.06% to 1.0%. The overall unemployment tax has increased 30%, with tax rates ranging between 0.75% and 10.39%. The law further requires that calendar year 2021 UI benefits under certain COVID-19-related circumstances will not be used in calculating tax rates for fiscal year 2023 and later. The second January 1 will occur on January 1, 2022. Category 3 employers are contributing employers who had 20 or fewer employees as of the 4th quarter of 2020, had an experience rating that has increased by four or more rate classes from rate year 2021 to rate year 2022; and do not meet the definitions of categories 1 or 2. AUSTIN - On November 23, 2021, the Texas Workforce Commission (TWC) set unemployment insurance (UI) tax rates for 2022 at a stable level to avoid burdening Texas businesses with a significant increase of taxes resulting from pandemic-related closures outside of their control.

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