Covid-19: 20 million additional unemployed in an epidemic, it is still difficult to manage
More than $45 billion in unemployment benefits have allegedly been siphoned off to USA during the pandemic, when this aid had been extended in the face of massive layoffs, according to a new upward estimate from the surveillance services of the Ministry of Labor. Between March 2020 and April 2022, $45.6 billion unemployment benefits were fraudulently collected, according to a report released Thursday by the US Department of Labor’s inspector general.
This is $30 billion more than the previous estimate, published in June. And more than 1,000 people have been charged to date for their involvement in these frauds. These figures “underscore the scope of this problem,” Inspector General Larry Turner said in a statement, citing “historic levels of fraud and other abusive payments.”
20 million jobs destroyed in two months
the pandemic COVID-19 it had hit the US economy in March 2020, and in two months more than 20 million jobs had been destroyed. The federal government then opened the floodgates of unemployment benefits, increasing the amounts and duration of payments, and broadening the spectrum of beneficiaries.
“In five months, more than 57 million people have registered as unemployed” (…) Read more in 20 minutes
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