It is the ultimate no-win situation. A Catch-22.
Washington employers struggling to survive our “Great Recession” are being forced to lay off employees. Those workers are receiving unemployment benefits, which deplete the state’s unemployment trust fund. To replenish the fund, the state is increasing unemployment insurance taxes on employers.
Higher taxes make it harder for those employers to create jobs. Unlike workers’ compensation, employers pay for the entire unemployment insurance program because there is no employee contribution.
The amount employers pay into the unemployment insurance (UI) trust fund is based on their layoff history and the amount in the trust itself. This includes all types of employers — hospitals, state read more »