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Originally published Tuesday, December 10, 2013 at 5:43 PM

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Unemployment tax bite drops as layoffs decrease

Unemployment tax rates will be lower next year for 29 percent of Washington employers because there are fewer layoffs in their recent past, the state Employment Security Department said Tuesday.


Seattle Times business staff

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Unemployment tax rates will be lower next year for 29 percent of Washington employers because there are fewer layoffs in their recent past, the state Employment Security Department said Tuesday.

However, 18 percent of employers will move to a higher rate due to their layoff history over the past four years.

It’s a switch from 2013, when only 14 percent of employers saw decreases while 25 percent saw higher rates.

“The tide is turning, and we’re seeing a larger number of companies moving back down the rate ladder,” said Employment Security Commissioner Dale Peinecke. “That’s a very positive sign.”

The average tax paid for each employee will decrease by $6, to $467 for the year, according to ESD. Each employer’s actual tax bill depends on its total payroll and rate class.



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