| Labor
Costs (Worker’s Comp, Unemployment Insurance)
- Texas
has one of the nations lowest unemployment insurance tax liabilities.
For new employers,
the unemployment insurance rate is 2.7 percent for the first $9000 of
gross earnings per employee
per year with a maximum of $350 per employee annually.
(Texas Worker's Compensation Rate Guide, January 2006)
- Dallas
ranks fourth nationwide in existing office and fourth in existing industrial
space in 2005
(CB Richard Ellis)
- Approximately
3.2 million square feet of multi-tenant office space was under construction
in the
3rd quarter 2005. At the same time, industrial market saw about 2.8
million square feet in
construction.(CB Richard Ellis)
- DFW experienced
office vacancies of 21 percent in third quarter 2005. Industrial vacancies
were than 10 percent. (CB Richard Ellis)
| |
|
|
|
| Workers
Comp and Unemployment Insurance
|
Workers
Compensation |
| Average
Rate for Office Workers (8810) |
$0.46 |
| Maximum
Weekly Benefit |
$674 |
| Unemployment
Insurance
|
| Taxable
Base |
$9,000
|
| Average
Among Existing Employers |
4
- 7.64% |
| Average
Among New Employers |
2.70% |
| Maximum
Weekly Benefit |
$364 |
Sources:
Texas Worker's Compensation Rate Guide (January 2006),
Texas Department of Insurance; Texas Workers' Compensation Commission
System Data Report (Dec. 2003); All States Tax Handbook 2006 |
|
