How Does the Creation of Jobs, As Opposed to the Loss of Jobs, Affect Your UI Tax Rates?

job opportunities
In June the number of full-time jobs in the United States finally got back to the same level as the beginning of 2008. It has taken a long time. Since full-time jobs are now back to ground zero and increasing, this is a good time to consider how job creation impacts your exposure to UI taxes. The immediate first year result of your company creating a job is an increase in your UI taxes because of the increase in taxable payroll. In all states except four (NH, NJ, TN, VT) UI tax rates are assigned for a calendar year, so any new hires this year could not affect your UI tax rate calcul...