Millionaires took $80 million in unemployment support during recession
Friday, April 05, 2013 11:23 AM
The U.S. government paid almost $80 million in unemployment benefits during the worst of the recession to households that made more than $1 million, Bloomberg reported.
That included a record $29.9 million in 2010, according to tax records.
Almost 3,200 households - about 20 percent of them from New York - that reported adjusted gross income of more than $1 million received annual jobless insurance benefits averaging $12,600 in 2010, the latest year for which figures are available. Those payments outpaced the total incomes for about 25 million U.S. households.