If you’re an employer, the stakes just got higher!
Consistent with UTCA’s ongoing efforts to keep our clients current on increasing UI claims costs, we have prepared a quick reference document of nationwide maximum claim potential liability. Generally, traditional trends continue with slight increases noted. Many states remaining the same – while others have seen significant increases since 2020, due to upward pressure on wages and funding deficits arising from the pandemic. Massachusetts far and away pays the highest total liability ($29,220), at over $5,000 higher than the next closest state (Washington), with a 14% increase since 2020.
Several states, such as Florida, have pending proposals set to increase historically low potentials.
Please find the updated guide here , to find the new Maximum Potential Liabilities for each state.