Illinois unemployment tax rates generally are to increase in 2022, the state Department of Employment Security said Nov. 29.
Effective Jan. 1, 2022, unemployment tax rates for experienced employers are to range from 0.725% to 7.625%, the department said on its website. For comparison, tax rates for 2021 range from 0.675% to 6.875%.
The standard unemployment tax rate for new employers is to be 3.525% in 2022, up from 3.175% for 2021. There are to be no industries for which new employers are assessed a tax rate higher than the standard tax rate.
Tax rates are to increase because ...
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