Profile Picture Iowa Unemployment Insurance Statistics

created Sep 6 2019

updated Feb 8 2024

Description

Iowa Law requires Iowa Workforce Development to establish a tax table for each year. The unemployment insurance rate table trigger formula is primarily based on the UI trust fund balance, unemployment benefit payment history and covered wage growth. The formula is designed to enable the trust fund to keep pace with potential liabilities as covered unemployment and wages grow.

This dataset contains the contribution rate table and the average tax rate for employers subject to the Iowa Unemployment Insurance system. There are eight rate tables each having 21 ranks. Table one has highest average tax rate. Table eight has the lowest average tax rate.

The highest average tax rate (based on taxable wages) was 3.38% in 1984 (Table 1). The lowest average tax rate was 0.94% in 1998 (Table 8). [Time Period: 1980-2018]

Activity
Community Rating
Current value: 0 out of 5
Your Rating
Current value: 0 out of 5
Raters
0
Visits
847
Downloads
153
Comments
0
Contributors
0
Meta
Category
State Government Finance
Permissions
Public
Tags
unemployment insurance, ui contributions, iwd_uistats, iwd_tf, ui_taxrate_table, iwd_uistats_y
Row Label
Calendar Year
SODA2 Only
Yes
Licensing and Attribution
Data Provided By
Unemployment Insurance Statistics, Research and Analysis Bureau, Labor Market Information Division, Iowa Workforce Development
Source Link
(none)
Data Management
Updates
Open
Publishing Notes
The contribution rate table is updated annually in September. The average tax rates may be updated more frequently as new taxable wage data becomes available.
Publishing Agency
Iowa Workforce Development
Data Use
Completeness
The average tax rates can vary within a given rate table due to fourth quarter lag, different rates of taxable wage growth, changes due to appeals, etc.
Limitations
The average contributions rates are computed based on the combined total of contributions to the Unemployment Insurance Trust Fund and the Iowa Unemployment Compensation Reserve Fund.
Data Coverage
Start Date
1980
Location
Iowa
This view cannot be displayed