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CCH® UNEMPLOYMENT INSURANCE — 2/03/16

Minnesota sets its 2016 contribution rates

For 2016, the base rate is 0.10% and the Workforce Development Fee is also 0.10%. There is no additional assessment of 14.0% of the tax due in effect for 2016. High experience-rated industry new employers will be assigned a total rate of 8.54%. All other new employers will be assigned a total rate of 1.69% for 2016. There is also no federal loan interest assessment in effect for 2016 (DEED Communication).