Idaho Unemployment Tax Rates Rising in 2024

Nov. 9, 2023, 9:28 PM UTC

Idaho’s unemployment tax rates will generally rise in 2024, according to a Nov. 8 update on the state labor department’s website.

The total tax rates for positive-rated employers will range from 0.352% to 1.172%, while the total tax rates for negative-rated employers will range from 2.11% to 5.4%, according to the update. The standard tax rate that applies to new employers will be 1.231%, up from 1% in 2023.

Except for the tax rate assigned to Negative Rate Group 6, all the tax rates for 2024 will include a workforce development training-fund surtax and a special administration reserve-fund surtax. ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.