Unemployment fraud exploded during the COVID-19 pandemic, according to the U.S. Labor Department Inspector General’s semiannual report to Congress.
Approximately $872 billion in federal funding was allocated to unemployment benefits in the last year, and at least 10% was estimated to be paid “improperly, with a significant portion attributable to fraud.”
This means that at least $87 billion was lost to fraud, the report said. By contrast, $27.3 billion in total unemployment insurance benefits were paid in 2019, according to the Labor Department.The major increase in fraud is labeled a “significant” concern by the inspector general.The watchdog office attributes it to […]
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