Nearly all private employers in the Carolinas are required to pay quarterly unemployment insurance (“UI”) taxes to the relevant state unemployment agency on behalf of their employees. Like other insurance and tax obligations, UI taxes can have a significant impact on employers’ bottom line, particularly if they are not aware of the factors impacting their tax rates.
Articles Discussing North Carolina Unemployment Compensation Claims.
North Carolina Enacts Comprehensive Reform of Unemployment Insurance System
On his second day as Governor of North Carolina, Pat McCrory signed into law a comprehensive reform of the state’s unemployment insurance system. The new law applies to new claims for unemployment benefits filed on or after July 1, 2013. One of House Bill 4’s stated purposes is to address North Carolina’s unemployment insurance debt — North Carolina’s unemployment insurance system currently owes more than $2.5 billion dollars to the federal government.