mydata-iowa-gov/iowa-ui-average-benefit-cost-rate-and-average-tax-a6wr-r836
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Updated 6 months ago
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Iowa UI Average Benefit Cost Rate and Average Tax Rate Based on Total Wages

This dataset computes the Benefit Cost Rate and Average Tax Rate based on total wages. UI benefits and contributions are divided by total wages in order to control for employment and wage growth. For example, the highest benefit payout was $772 million in 2009. However, 2009 was the third highest payout when controlled for wage growth. Both 1982 and 1983 had higher Benefit Cost Rates.

The highest Benefit Cost Rate was 2.63% in 1982. The highest Average Tax Rate based on total wages was 1.89% in 1985. The lowest Benefit Cost Rate was 0.53% in 1998. The lowest Average Tax Rate based on total wages was 0.49% in 1988. Data excludes reimbursable employers. (Time period: 1980-2018).

Columns

NameSocrata field nameColumn name in sgr mountData typeDescription
Average Benefit Cost Rateaverage_benefit_rateaverage_benefit_rateNumberRegular UI Benefits divided by total wages. Reimbursable employers excluded
UI BenefitsbenefitsbenefitsNumberRegular Unemployment Insurance benefits. Reimbursable employers excluded
Total Wagestotal_wagestotal_wagesNumberTotal wages subject to unemployment Insurance contributions. Reimbursable employers excluded
Average Tax Rate Based on Total Wagesaverage_tax_rate_totwaverage_tax_rate_totwNumberContributions divided by total wages. Reimbursable employers excluded
ContributionscontributionscontributionsNumberUnemployment Insurance contributions paid by covered employers. Reimbursable employers excluded
YearyearyearNumberCalendar Year
 
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