South Carolina – Governor Henry McMaster and William Floyd, the Executive Director of the South Carolina Department of Employment and Workforce (DEW), have confirmed that state unemployment insurance (UI) tax rates would either decline or stay the same for 2026.
This means that businesses in South Carolina will save a lot of money next year. The drop is predicted to save employers about $40 million compared to 2025, making it the biggest drop in UI tax payments since the current administration took office.
Governor McMaster said that keeping a business-friendly environment remains a top focus…