On January 1, 2015, most employers saw a $30.40 drop per employee in unemployment compensation rates retroactively. This is a reduction of 64 percent and marks the second year in a row that the state unemployment compensation rates have decreased. This decrease in rates further shows that Florida’s unemployment compensation trust fund is healthy, and confirms that Florida is moving in the right direction again through private-sector job creation. Lowering the burden of unemployment compensation taxes creates globally competitive employers. The Florida Chamber believes in fair and predictable laws and regulations that promote economic development and do not impose unreasonable costs on businesses or their customers.

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