A state lawmaker today countered claims that manufacturers will have to unfairly carry the cost of repaying a billion-dollar federal loan that allowed the state to continue to pay unemployment benefits.
State Sen. Kevin Bryant, R-Anderson, cited a list of manufacturers in his district and elsewhere that would pay less under proposed new unemployment insurance rates.
Some manufacturers have complained their rates have increased six-fold under the new rating system, with some now paying more than $1,000 an employee for jobless insurance.
Michelin and BWM, two major Upstate manufacturing employers, both are in the sixth-lowest of 20 rate classes, Bryant said.
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Manufacturers and other businesses are pushing to adjust the proposed rates, either by lowering the top rates or extending the length of time to repay the loan.
A Senate subcommittee will debate the bill again tomorrow.
- John O'Connor