Billions in Unemployment Benefits Paid in Error


via Billions in Unemployment Benefits Paid in Error – Real Time Economics – WSJ.

“The amount represents more than 10% of the $180 billion in jobless benefits paid nationwide during the period. See a sortable chart of each states’ overpayments The tally covers state programs, which offer benefits for up to 26 weeks, from July 2008 to June 2011.”

Fraud and incompetence in government programs is usually higher than profit margins in public companies.

Advertisements
%d bloggers like this: