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About Taxes and UI for Employers
What is Michigan Unemployment Insurance (UI)?
Unemployment Insurance (UI) provides temporary financial support to workers who lose their jobs through no fault of their own. This helps workers replace some of their lost wages and benefits while they are actively searching for new employment.
What should employers know about UI funding?
- In 2025, Michigan businesses will pay less in unemployment insurance taxes because the unemployment insurance Trust Fund balance was above $2.5 billion on June 30, 2024, and the following calendar quarter.
- The Trust Fund’s status can be tracked using the UIA’s Economic Dashboard.
- For more information on how benefits are charged to employers, check out Fact Sheet 92.