2018 Unemployment Cost Facts for Arizona
What do state unemployment tax (SUTA) costs and claim overpayments amounts mean to your organization?
These factors could mean less money for your cause.
$23 Million Unemployment Claim Overpayments
Arizona’s fiscal year 2017 unemployment claim overpayment rate was 9.269%, equaling over $23 million.
Unemployment Tax Increases
66% Tax Rate Increase
The average state unemployment tax rate has increased by 66% since 2009.
$58 SUTA Cost Increase Per Employee
Factors used in calculating employer state unemployment rates have increased; therefore increasing the average unemployment tax cost per employee by $58 since 2009.
$2.00 for every $1.00 SUTA vs Benefits Paid
Arizona employers paid $2.00 in SUTA to the Department of Economic Security for every $1.00 paid in unemployment benefits in 2017.
First Nonprofit Group provides state compliant, individually insured, cost-saving options to satisfy SUTA requirements for nonprofit, governmental and tribal entities. Click here or call (214) 360-2477 to request a free, no-obligation cost savings evaluation. Evaluations include a 2019 rate projection!