South Carolina Releases 2024 Unemployment Insurance Tax Rates

Nov. 7, 2023, 5:08 PM UTC

South Carolina’s unemployment insurance tax rates will remain unchanged or decrease for employers in 2024, according to a Nov. 6 press release from Gov. Henry McMaster (R).

Total unemployment tax rates for experienced employers will generally range from 0.06% to 1.576% and include a 0.06% contingency assessment, according to the state’s 2024 tax rate table. Delinquent employers will be assigned the Rate Class 20 rate of 5.46%, which also includes the contingency assessment.

The tax rate for new employers will be the Rate Class 12 rate of 0.41%, according to the press release. The 0.41% rate consists of a ...

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