Unemployment Fraud Exceeds $16 Billion

Claire Gordon
unemployment fraud exceeding $16 billion
unemployment fraud exceeding $16 billion

Unemployment fraud in the U.S. now costs the government over $16 billion annually, more than the income of everyone in Afghanistan combined. The "overpayment" of unemployment checks, as tracked by the Department of Labor, usually hovers under 10 percent, but it jumped up to 10.6 percent last year. Combined with stubbornly high unemployment numbers, undeserved payouts have exploded, reports MainStreet.com.