St. Paul – On Friday, Governor Walz signed the Unemployment Insurance (UI) and Frontline Worker bill into law. Replenishing the UI Trust Fund at $2.73 billion will ensure UI benefits are available to workers in the future and that businesses across the state are held harmless from the effects of the pandemic. About 130,000 businesses will receive UI tax relief with the passing of this bill – with the total amount of relief provided to businesses coming totaling around $200 million for the first quarter of 2022. Today, Department of Employment and Economic Development (DEED) Commissioner Steve Grove joined Governor Tim Walz, legislators, and small business owners at an event at the State Capitol to celebrate passing the bill into law.
Read full details from the Department of Employment and Economic Development press release here