Addition of 0.0425% Workforce Development Fund (WF) to NJ SUI

New Jersey WF (Workforce Development Partnership Fund) is commonly grouped together as Unemployment Insurance (UI).

We have added the NJ 2024 WF rate of 0.000425 to the NJ 2024 UI Rate of 0.003825.

You will need to make catchup deductions for each employee to add the uncaptured Workforce Development portion of NJ State Unemployment from January through July. For assistance with this, see New Jersey State Unemployment Tax catchup for 2024.

Division of Employer Accounts | Rate information, contributions, and due dates (nj.gov)