Texas New Employer Unemployment Rate 2025. Texas metro unemployment rates drop but remain above early 2020 levels New Texas employers are assigned an entry-level tax rate However, new employers can generally expect a standard new employer SUTA tax rate
Texas unemployment Track job losses due to coronavirus from www.kvue.com
Your taxable wages are the sum of the wages you pay up to $9,000 per employee per year The unemployment-taxable wage base is $9,000 for 2025, unchanged since 1997.
Texas unemployment Track job losses due to coronavirus
The first four tax rate components play a role in ensuring the solvency of the Unemployment Compensation Trust Fund. Employers newly liable for state unemployment tax begin with either: A computed tax rate if they acquired compensation experience from a previously liable employer A predetermined tax rate is set by the Texas Unemployment Compensation Act (TUCA) However, new employers can generally expect a standard new employer SUTA tax rate
Unemployment rate hits historic record low in Texas. Texas released its 2025 unemployment insurance tax rates on the Texas Workforce Commission website The rate for new employers is the greater of 2.7% or the average rate for their North American Industry Classification System industry
Map Unemployment rate by Texas counties (Source Bureau of Labor Statistics) Infographic.tv. New Employers are Non-construction covered after June 30, 2023 Due to higher wages and an evolving job market in Texas, the Unemployment Insurance Trust Fund managed by the Texas Workforce Commission (TWC) is projected to need additional funding next year