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Overview of tax rates

Overview of 2019 Tax Rates

Taxable Wage & Rate Information

  • $34,000 – the annual taxable wage base for 2019 is the amount of covered wages per employee that is taxed
  • 0.10% - the base tax rate is the tax paid by all employers
  • 2019 Unemployment Insurance Tax Rate Determinations were sent out by U.S. mail to Minnesota employers by December 15, 2018.

For total cost roll-up factors, see 4-Year Tax Rate Factor History (2019).

Tax rate for new employers

The tax rate for employers who have not had employees long enough to be assigned an experience rating (new employer) is based on the average rate for the employer’s industry. This ensures that new employers have a rate that aligns with other businesses in their industry.

Industries are defined by the North American Industry Classification System (NAICS). The NAICS groups industries together and assigns them a five digit code. Reading from left to right, the NAICS "drills down" from broadly defined industry groups to very specific industries. To learn more about NAICS, visit the Introduction to NAICS page on the United States Census Bureau website.

When an employer registers for an unemployment insurance account, we ask what industry they are in and assign their new employer rate accordingly. We group together new employer rates for non-construction industries to the first two digits of the NAICS code. For construction industry employers, we use all five digits of the NAICS code.

New employer rates for 2019

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