My unemployment employer contribution rate jumped 50% this year because
More unemployment was paid out last year and the Governor is outsourcing Alaska jobs within the state. I just got off the phone with Dept of Employment Security to find out why my rates took such a large jump and that is what she told me. All employers in Alaska had a huge rate increase because so much more was paid out in unemployment than years gone by. She also said because the Governor was outsourcing state jobs that the workload was drastically increased for those left in the state. I asked if it was because of the Federal economic policies that unemployment was so high and she said it was Republican policies period. I could tell she was not going to vote for either Bush* or Murkowski. It is a substantial hit for me though. Employees still only pay .05% but mine went from 1% to 1.53% for a combined total of 2.03%. Republicans are not helping small business no matter how many lies they tell us.
My business is a Corporation. I have ten employees and I am like most small business in America. Corporations are not bad in and of themselves. It is usually the huge mega corporations that have dealings with the republican thugs. There are literally thousands of small corporations through-out America run by families that do not exist to screw their employees. My Corporation is like one big family.
In 2000 the legislature passed a huge unemployment tax cut which many of us argued was too big. In 2001 unemployment started to go up but we paid for it out of the reserves thinking it was a blip. It became clear throughout 2002 it was not a blip but a recession but because of a glich in the law we didn't hit a trigger until this year, 2004. Rates have tripled or worse here as a result.
Total benefits paid out more than tripled since 2000 while the tax rate stayed low. We paid the benefits out of the reserves now we have to meet the current demand for unemployment benefits as well as replenish the reserves.
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