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Archive for December, 2018

Unemployment insurance tax to affect San Antonio jobs

Sunday, December 9th, 2018

The average unemployment insurance (UI) tax rate for all employers will be 1.25 percent for calendar year (CY) 2019, dropping from 1.37 percent in CY 2018 to its lowest point since 2009, a move that will affect San Antonio jobs. The average tax rate for experience-rated employers is 1.06 percent for CY 2019, and is down from 1.20 percent in CY 2018.

The minimum tax rate is paid by 340,158 employers, which represents 65.6 percent of experience-rated employers. The standard minimum UI tax rate paid by Texas employers in CY 2019 will be 0.36 percent, which is down from 0.46 percent in CY 2018. These employer-paid UItaxes replenish the Texas Unemployment Compensation Trust Fund, which provides temporary income for Texas workers who lose their jobs through no fault of their own.

An experience rating is determined by the amount of an employer’s taxable wages and the amount of UI benefits that have been paid to former employees and charged to the employer’s account for the last three years. An employer paying the standard minimum tax will pay $32.40 per employee in CY 2019 on the first $9,000 in wages per employee compared with $41.40 per employee in CY 2018. The maximum UI tax rate, paid by 5.3 percent of Texas employers, will be 6.36 percent, decreasing from CY 2018 at 6.46 percent.

TWC is dedicated to finding ways to lower the financial impact of UI taxes on Texas employers. TWC and its 28 local workforce boards also are committed to helping UI claimants return to work as soon as possible. Through automated processes and database cross matches with state and federal agencies, TWC continues to strengthen and improve efforts to detect and prevent UI fraud. TWC pledges to continue efforts to keep taxes as low as possible and minimize the effects on Texas employers.

Because the Texas Unemployment Compensation Trust Fund has risen above its statutory minimum required balance, TWC will not charge employers any deficit tax in 2019. The components of the CY 2019 tax rate are as follows:

  • The general tax rate is based on claims against an employer’s account. If TWC has paid benefits to former employees who were laid off or separated through no fault of their own in the past three years, then those employers will pay a general tax.
  • The replenishment tax rate is charged to all experience-rated employers to cover unemployment claims not charged to a specific employer. This tax tends to rise following economic slowdowns when claims increase and businesses close.

Apprenticeships maximize potential for San Antonio jobs

Monday, December 3rd, 2018

New apprenticeships are helping those looking for San Antonio jobs fulfill their potential.

The Texas Workforce Commission’s (TWCApprenticeshipTexas encourages employers to discover how Registered Apprenticeship programs provide training opportunities for businesses, education partners, labor organizations and industry associations meet the ongoing need for a skilled workforce.

Texas Governor Greg Abbott has issued a proclamation recognizing November 12-16, 2018 as Texas Apprenticeship Week to distinguish the importance of apprenticeship programs and the cutting edge of workforce development in Texas.

During Texas Apprenticeship Week, TWC’s ApprenticeshipTexas staff is engaging with Texas employers to help them explore apprenticeship training models and develop apprenticeship training programs which assist business owners with opportunities to teach specific skills so that new employees hired as apprentices can immediately begin to contribute their talents and skills. Apprentices are empowered to be hands-on from day one, while also earning a paycheck and engaging in the workplace. Upon completion of the training program, apprentices receive a national recognized certification and have little to no student debt.
“Texans have options when it comes to preparing for 21st century careers. Workers can earn and learn at the same time, teaching them skills in high-demand industries,” said TWC Commissioner Representing Labor Julian Alvarez. “Trainees earn a wage while preparing for a career with increased skills that will help them compete in a high-demand job market.”
There are more than 447 registered apprenticeship programs across Texas. In FY 2017, more than 238,549 individuals nationwide entered the apprenticeship system, including over 6,000 in Texas. Nationwide, there are over 585,026 apprentices currently obtaining the skills they need to succeed while earning the wages they need to build financial security (Texas has over 17,333 apprentices).

San Antonio jobs grow

Monday, December 3rd, 2018

San Antonio jobs have been increasing, according to recent labor statistics.

Texas’ seasonally adjusted unemployment rate fell to 3.7 percent in October, down from 3.8 percent in September 2018, reaching its lowest level since the state unemployment data series began in January 1976. The Texas economy added 32,300 seasonally adjusted nonfarm jobs in October.

October’s annual growth in the state’s Goods Producing industries was strong at 6.6 percent. Over the month, Mining and Logging added 4,300 jobs, followed by the Construction industry with 1,500 positions.

In Texas’ Service Providing sector, Trade, Transportation, and Utilities added 8,900 positions over the month, and led all industries in job growth for October. Also within this sector, Leisure and Hospitality added 8,700 jobs, followed by Education and Health Services which added 5,100.

“Texas’ labor force is made up of hard-working individuals who are eager to obtain the skills that our employers need,” said TWC Commissioner Representing Labor Julian Alvarez. “The jobs are out there, and I encourage all job seekers to contact their local Workforce Solutions office for assistance with job training and placement.”

The Midland Metropolitan Statistical Area (MSA) recorded the month’s lowest unemployment rate among Texas MSAs with a non-seasonally adjusted rate of 2.1 percent, followed by the Amarillo MSA and the Odessa MSA which had the second lowest with a rate of 2.5 percent. The Austin-Round Rock, College Station- Bryan and Lubbock MSAs recorded the third lowest rate of 2.7 percent for October.

“Texas’ dynamic marketplace has set the standard as the Best State for Business over 14 consecutive years according to CEOs,” said TWC Commissioner Representing the Public Robert D. Thomas. “That track record of accomplishment recognizes the perseverance, resilience and hard work of our workforce, employers and collaborative partners across the state.”