© Copyright 2002 by the Wyoming Department of Employment, Research & Planning

Table:  Unemployment Insurance (UI) Costs in Wyoming and Neighboring States, 2001
       UI Costs
     
State Taxable Wage Base  Tax Rate(1) For an Annual Wage of $25,700 or More(2) Rank(3) For an Annual Wage of $5,356(4)   Rank
         
Colorado $10,000 0.8% $80 5 $43 4
Idaho $25,700 1.2% $308 1 $64 2
Montana $18,200 1.1% $200 2 $59 3
Nebraska $7,000 0.8% $56 6 $43 4
South Dakota $7,000 0.6% $42 7 $32 5
Utah $21,400 0.4% $86 4 $21 6
Wyoming $14,100 1.3% $183 3 $70 1
             
(1) Projected.
(2) The Unemployment Insurance (UI) cost for employees with an annual wage above the taxable wage base equals the taxable wage base times the tax rate. An annual wage of $27,500 is used as an example in the Table.
(3) Ranked by UI cost.  A rank of one denotes the highest UI cost among the seven states.  
(4) The UI cost for employees earning an annual wage of less than the taxable wage base equals the annual wage times the tax rate. A part-time employee working 20 hours a week at $5.15 per hour earning an annual wage of $5,356 ($5.15 times 20 hours times 52 weeks) is used as an example in the Table.

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