Businesses hit with huge numbers of jobless claims during the pandemic won’t see their unemployment insurance premiums increase, officials announced this week.
Businesses pay those premium rates based on their experience, with businesses that have large turnover paying more than those with little turnover.
The Nevada Department of Employment, Training and Rehabilitation announced Tuesday that for the last three quarters of 2020 and the first two quarters of this year, businesses won’t suffer the impact those claims would otherwise have on their rates.
DETR Director Elisa Cafferata said the huge number of claims filed because of pandemic shutdowns would have a major impact on the experience ratings of Nevada businesses.
In addition, she said that situation was made even worse by the “tremendous level of unemployment insurance fraud” during the past year.
She said DETR is doing everything possible to make sure employers and businesses aren’t blamed for bad actors submitting imposter claims.
“We’re pleased to seize this opportunity to help employers and businesses rebuild and recover from the economic effects of the pandemic,” she said.
She urged Nevada businesses that need help to file their quarterly report to visit the UI.nv.gov website for assistance.