Tag Archives: Unemployment insurance tax rate

Idaho’s Standard Unemployment Insurance Tax Rate Drops 6.6% for 2019

NEWS RELEASE

For Immediate Release: Dec. 17, 2018

Information Contacts: Georgia Smith (208) 332-3570 x 2102 or Salvador Vazquez, (208) 332‐3570 ext. 3218

Idaho’s growing economy, a consistent decrease in layoffs and a solvent Unemployment Insurance Trust Fund are all contributing to a 6.6 percent decrease in unemployment insurance tax rates for 2019.

The state’s base unemployment insurance tax rate – used to calculate taxes existing Idaho employers pay will drop from 0.94 percent in 2018 to 0.878 for 2019. A new employer in Idaho will start with a tax rate of 1.0 percent – the lowest rate allowed by federal conformity requirements.

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