Unemployment tax rates for New Jersey employers are unchanged for fiscal 2020, the state Department of Labor and Workforce Development said on its website.
Effective from July 1, 2019, to June 30, 2020, unemployment tax rates are determined with Table B, the department said July 10. Rates range from 0.4% to 3% for positive-rated employers and from 4.3% to 5.4% for negative-rated employers.
The unemployment tax rate for new employers in fiscal 2020 is 2.8%, unchanged from fiscal 2019.
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