Minnesota released its 2025 unemployment insurance tax rates and wage base on the Employment and Economic Development Department website.
Total tax rates for experienced employers in 2025 will range from 0.4% to 9.3%, including a 0.4% base tax rate, according to the website.
Tax rates for new employers vary by industry and range from 1.4% to 9.3%, including the 0.4% base tax rate, according to the website. Minnesota has 51 separate new employer rates.
Minnesota employers will also be subject to an additional assessment for 2025, according to the website. The amount will be 5% of an employer’s unemployment ...
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.