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Job Service reports trust fund near target and multiplier above 1.0; claims trend noted
5381021 · June 25, 2025
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Summary
Job Service North Dakota told the Budget Section the unemployment insurance trust fund held about $337.7 million as of Dec. 31, 2024, with a high‑cost multiplier of 1.09 and that the agency projects the fund to end 2025 close to target; Lawler said tax rate ranges remain 0.08% to 9.69% under state code.
Jamie Lawler, data and quality assurance manager for Job Service North Dakota, told the Budget Section the unemployment insurance trust fund balance was $337.7 million as of Dec. 31, 2024, above a target balance reported as $316.3 million. Lawler…
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