[Nip]

I cannot speak for other states; but, the employers in Florida got a real wake up this week.

It seems that when the Federal Government extended unemployment benefits the costs out ran Florida's unemployment funds. So, all employers got hit with a special annual assessment to pay the interest on the unemployment funds. The bill is highly variable depending, of course, on the number of employees and their pay scale. Payments are due to the state by the end of this June.

The indirect out come of this “unfunded” bill is employers are going to be less likely to maintain or add to their employment rolls. This is just the opposite of what is needed according to Berankie (sp?) and others. When this keeps up the 5 to 8 year future will look worse not better.

How goes it in other states?

[george76]

Employers should anticipate higher federal and state UI taxes ...

http://www.prweb.com/releases/2011/2/prweb8104133.htm

[Darth Reardon]

It seems that when the Federal Government extended unemployment benefits the costs out ran Florida's unemployment funds. So, all employers got hit with a special annual assessment to pay the interest on the unemployment funds.

Bookmarking this in case I'm ever stupid enough to think about starting a business.