Playing now

What is unemployment deduction?

View our full Glossary of accounting & payroll terms

Related topics

Search for another term

Glossary definition

What is unemployment deduction?

Unemployment deduction

Employers must pay unemployment taxes for their employees based on the Federal Unemployment Tax Act (FUTA).

Recommended Next Read

Lady smiling while talking on phone

September 20, 2022

12 ways to support a better work-life balance for your employees

See this term in action

Two people looking at a computer

July 7, 2022 8 min read

The evolution of HR: Everything HR Leaders should know

woman checking through her tab

March 24, 2022 10 min read

HR in 2030: What does the future of HR look like?

Woman standing alone in an office space

December 2, 2021 5 min read

How the pandemic has changed expectations of HR: What HR leaders need to know

Learn more about this definition and others