The Chamber is working with a coalition of business groups for unemployment insurance rate relief. Under current law, Massachusetts employers will face a 43% increase in the first quarter of 2010 in unemployment insurance (UI) tax rates. Massachusetts UI costs are already among the very highest in the nation, and that increase would raise UI costs by an average of $250 per worker. The Chamber urges enactment of legislation in early 2010 to prevent such an increase, without jeopardizing the long-term solvency of the UI trust fund based on current projections. Such action would advance economic recovery, drive future state and local revenue growth, and send an important signal to employers that Massachusetts is prepared to compete for their business.
Headlines from the December 2009 Massachusetts Jobs Update include:
Government Affairs Forum
Governor Deval Patrick Commonwealth of Massachusetts
Wednesday February 10, 2010 Westin Copley Place Boston 7:45 a.m. Registration 8:10 - 9:00 a.m. Program
Senate President Therese Murray Commonwealth of Massachusetts Wednesday April 14, 2010 Location TBD 7:45 a.m. Registration 8:10 - 9:00 a.m. Program
State Treasurer Timothy Cahill Commonwealth of Massachusetts Tuesday May 11, 2010 Boston Harbor Hotel 7:45 a.m. Registration 8:10 - 9:00 a.m. Program
CHAMBER POLICY STAFF
Jim Klocke, executive vice president
Tim Sweeney, director of public policy
Sarah Lanning, assistant director of economic development
www.bostonchamber.com