N.J. employers to see $130 per employee increase to cover jobless benefits

Businesses will see an average annual increase in payroll taxes of about $130 per employee to pay for unemployment benefits after the legislature backed Governor Christie’s conditional veto of the bill.

The Assembly approved the amended bill, with changes in line with the veto, in a marathon session early Tuesday, after the Senate approved the measure Monday afternoon. Christie is expected to sign it, his spokesman said.

Without the bill’s passage, state law would automatically have required businesses to pay an extra $400 or so per employee annually, starting July 1.


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