Posts tagged Unemployment Insurance.
Many businesses are purchased in South Carolina every year. Many of these same businesses, however, have high worker unemployment claims, and are paying high South Carolina Unemployment Insurance taxes to the state to fund these claims.
South Carolina pays unemployment benefits to people that are out of work. The state funds these benefits through a special tax on employers in the state - the South Carolina Unemployment Insurance Tax, or "UI Tax." The more unemployment claims that are filed with the state and related to an employer, the higher the employer's UI Tax rate will be.
Where a ...