KENNEWICK, Wash.—Good news for local employers, Governor Gregoire signed the House and Senate bills that will reduce employer's unemployment insurance taxes.
"They were facing, up until a few weeks ago, a large increase and for some of our employers it would have been a major hit," says Colin Hastings, Regional Chamber of Commerce Vice President.
Hastings says the tax has gone down to 5%, which will help out businesses like the Country Gentleman Restaurant in Kennewick recover from previous spikes. The owner of the restaurant says he'll save about $3,000 to $4,000 every quarter.
‘Which is a significant amount of money and it could be a job," says Steve Simmons, Country Gentleman Owner.
-Throughout the state employers will save about $300-million in 2011.
-Extended unemployment benefits will remain helping about 70,000 workers.
-140,000 newly unemployed will receive an increase of $25 each week.
-$98-million will be added to the Training Benefit Program which gives the unemployed training for careers.