Almost 3000 Millionaires Claim Unemployment
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Almost 3000 Millionaires Claim Unemployment

Washington : DC : USA | Oct 02, 2010 at 9:49 AM PDT
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Millionaire's House

According to data gathered by Bloomberg News Reporting agency, almost 3,000 millionaires collected unemployment benefits in 2008. With data supplied from the U.S. Internal Revenue Service, 2,840 households that reported at least $1 million in income on their tax returns collected some $18.6 million in jobless aid.

Eight hundred and six had incomes in excess of $2 million and 17 on the rolls made over $10 million.

Beside the millionaires, some 8,011 households reporting income between $500,000 and $1 million in 2008 claimed jobless benefits totaling $52.8 million, the IRS data showed.

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A Millionaire's View
Rough economy draws Millionaires to the jobless benefits aid
Nathaniel Hines is based in Florianópolis, Santa Catarina, Brazil, and is an Anchor on Allvoices.
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