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South Carolina's Businesses Can Save on Federal Unemployment Taxes for Third Year

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For the third consecutive year South Carolina businesses will only pay the minimum 0 .6 percent per employee for federal unemployment taxes (FUTA) because the Palmetto State once again successfully obtained the maximum 5.4 percent credit for 2013 FUTA. “Thanks to the great work from our st...

CRS Report - Unemployment Insurance: Consequences of Changes in State Unemployment Compensation Laws

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This report analyzes several types of recent changes to state Unemployment Compensation (UC) programs. Three categories of UC state law issues are considered: (1) changes in the duration of state UC unemployment benefits; (2) changes in the UC weekly benefit amount; and (3) the enactment i...

South Carolina: DEW Makes Second Unemployment Trust Fund Loan Repayment Well in Advance of Due Date

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The SC Department of Employment and Workforce (DEW) today announced it made a voluntary payment of $75 million to the federal government for the agency’s unemployment trust fund loan. This marks the second voluntary payment the state has made in 2013 bringing the total to $219 million this...