New Jersey published its 2024 unemployment insurance information on the Labor and Workforce Development Department website.
Tax rates for experienced employers range from 1.2% to 5.4% for positive-rated employers and from 6.1% to 7% for negative-rated employers, according to the tax table. The tax rates are effective from July 1, 2023, through June 30, 2024. New Jersey is one of the few states that determine employer unemployment tax rates for a period of July 1 to June 30.
The tax rate for new employers is 3.4%, according to the tax table.
The tax rate for employees in 2024 .
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