Tag Archives: Idaho unemployment tax rates

Idaho’s Standard Unemployment Insurance Tax Rate Drops Approximately 18% for 2021


For Immediate Release: Dec.18 2020
Media Contacts: Georgia Smith, Georgia.Smith@labor.idaho.gov or Darlene Carnopis, Darlene.Carnopis@labor.idaho.gov

Idaho employers will see a roughly 18 percent decrease in unemployment insurance tax rates for 2021.

The state’s new employer rate remains at 1.0 percent – the lowest rate allowed by federal conformity requirements.

“Thanks to Governor Little approving a $200 million transfer of CARES Act funding to keep the Unemployment Insurance Trust Fund whole, most Idaho businesses will see a decrease in their tax rate for 2021,” said Jani Revier, Idaho Department of Labor director. “This move by the governor allows Idaho to keep UI tax rates low in the coming year and will help business owners as they navigate through these difficult times,” Revier said.

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