Employers prepare for hikes in unemployment tax rates

Employers prepare for hikes in unemployment tax rates

Restaurant employers across the country are being warned to prepare for significantly higher unemployment insurance tax rates next year as joblessness grows and state benefit funds are depleted.

In some states, such as Hawaii, rates are already set to be hiked, while Maryland, Nevada, South Carolina and others are considering what steps to take as their unemployment benefit funds shrink.

Starting in April 2010 in Hawaii, the taxes paid by employers will increase from the current

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