Unemployment Insurance Premium Of The Weifang Municipal Bureau Of Human Resources And Social Security Of Shandong Province

In order to lighten the burden on enterprises and stabilize the employment situation, the Weifang Municipal Bureau of human resources and social security, the Finance Bureau, the State Administration of Taxation and the Local Taxation Bureau jointly issued a notice on further work to ease the burden on enterprises and stabilize the employment situation. The notice said that the unemployment insurance premium rate in 2010 will be reduced, and the unemployment insurance premium rate in Weifang will be reduced from 3% to 1.5%, of which 1% will be paid by units and 0.5% by individuals.

The execution period is 6 months.

"This is the first time that our city has lowered the unemployment insurance premium rate."

Weifang city human resources and Social Security Bureau official told reporters that the specific implementation period is from July this year to the end of 2010, a total of 6 months.

In addition to reducing unemployment insurance rates, the notice also said that it would extend the implementation period of stabilizing jobs and supporting employment related preferential policies.

The notice issued by the former provincial labor and social security department, the finance department, the State Administration of Taxation and the Local Taxation Bureau on the issue of alleviating the burden on enterprises and stabilizing the employment situation, and the relevant preferential policies issued by the four departments issued by the former municipal labor and Social Security Bureau, such as the extension of stable jobs and supporting employment, extend to the end of 2010.

Reporters learned that last year, in order to cope with the financial crisis and help businesses tide over difficulties, Weifang labor, finance, taxation and other departments, according to the spirit of the higher authorities, jointly issued a number of new measures to lighten the burden on enterprises and stabilize the employment situation.