Employers hit by unemployment tax hikes

Employers hit by unemployment tax hikes – Yahoo! Finance.

“Unemployment taxes, which were a relatively low bottom-line cost in 2008, are now becoming a significant cost,” Holmes said. “It discourages companies from electing to hire new employees.”

“We try not to hire because we will be socked by a bigger tax bill for unemployment insurance,” said Keskin.

Even unemployment costs.

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