North Carolina Unemployment Insurance

North Carolina's unemployment insurance program is run by The Division of Employment Security, a group that levies taxes on employers to help provide benefits for residents of the state. Unemployment insurance must be taken out by employers in North Carolina in order to provide funds for state unemployment claims. This insurance also helps insure employers when they let go or fire their employees.

The rate at which it taxes employers varies from year to year. In 2016, these tax rates ranged from 0.06 to 5.76 percent, with the standard rate being 1.0 percent. Larger employers are taxed at the higher rates. The maximum taxable earnings – the highest possible amount of unemployment insurance money that could be earned from a single business – rose to $22,300 in 2016.

If you have lost your job after being let go or fired for reasons unrelated to personal misconduct, unemployment insurance will help provide you with compensation while you search for work. While it doesn’t replace all your wages, it can help you keep your head above water during a difficult time. The best way to determine whether or not you’re eligible for unemployment benefits in North Carolina is to simply apply with accurate information and to see if you’re qualified.