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Employers to Pay Less Unemployment Taxes

Updated: Tuesday, August 26 2014, 06:02 AM CDT

DES MOINES, IA (AP) - Gov. Terry Branstad says Iowa employers will pay less in unemployment taxes in 2015.


Branstad announced Monday the average unemployment tax rate will drop from 1.6% this year to 1.2% next year. That means thousands of employers will save money.


Branstad credited a growing economy and job creation efforts. He says less people are seeking unemployment benefits.


The Iowa Senate Government Oversight Committee will meet this week to review the management of the state's workforce agency, which oversees unemployment benefits.
Internal agency emails provided to the committee show that earlier this year, the agency provided unemployment benefits to some people who didn't seek them and staff was urged to stay quiet about what had happened.


Branstad says Iowa Workforce Development Director Teresa Wahlert has his full support.


Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Employers to Pay Less Unemployment Taxes


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