gillian: yesterday. she is here to join us with emerging details today from capitol hill. it is not just fraudsters. it is criminals as well. they are using it like a slush fund to finance international crime. the secret service actually warned congress about this a year ago. they said they were tracking an international scheme to defraud u.s. state unemployment systems. they told about 70% of the stolen cash has left the country taken by a bye criminal actors aligned with our adversaries like russia and china. i don t think it is a coincidence that there has been an increase in the cyber attacks on our core businesses. i believe some of that funding came from the unemployment
insurance money that was stolen. the fraud that got perpetrated on unemployment insurance is $250 billion. what has happened over the last six months is those criminal groups have shifted their focus from the private sector to the government sector. the government isn t ready to defend themselves. president biden s american rescue plan did include to billion dollars for states to update their unemployment systems. the white has told me in a statement yesterday that widespread fraud is one of the most serious challenges we inherited. senate republicans say democrats in congress could have done more. the $2 billion at the gate to states to update their systems came with no strings. states where it actually forced to use that money to guarantee that it cut down on fraud and unemployment. gillian: i am shocked to hear that members of congress could have done more to prevent a catastrophe. thank you for bringing us all the details. we appreciate it. now to something markham
criminals are dipping into that pot of money, too. the secret service warned about this a year ago. telling congress tracking quote a vast international scheme to defraud u.s. state unemployment systems. lexus nexus rick solutions ceo tells fox about 70% of that stolen cash has left the country, taken by criminals aligned with our adder is sears like russia and china. $250 billion that went to organized criminal groups located outside of our country. i don t think it s a coincidence that there has been an increase in the cyberattacks on our businesses. i believe some of that funding came from the unemployment insurance money that was stolen. the white house says they re tackling the issue. they set aside $2 billion in the american rescue plan to modernize the unemployment insurance system and are blaming, instead, the trump
Marcelo Hernandez/Getty
New US jobless claims for the week that ended Saturday totaled 965,000, the Labor Department said Thursday, signaling the labor market s rebound weakened through the end of the holiday season.
Economists surveyed by Bloomberg expected a reading of 800,000 claims.
The data shows a sizable increase from the previous week s revised number of 784,000. The jump was the biggest since March.
Continuing claims, which track Americans receiving unemployment benefits, rose to 5.3 million for the week that ended January 2. That s above the consensus economist forecast of 5.3 million.
The number of Americans filing for unemployment benefits jumped last week as rising COVID-19 cases continued to cut into the labor market s recovery.
Unemployment scams and its impact on you, even if youâre not unemployed
By: Alicia Nieves
and last updated 2021-01-14 19:38:15-05
The Department of Labor identified an uptick in unemployment scams shortly after the CARES Act was passed and it included looser requirements for unemployment. In addition, the CARES Act included an enhanced $600 payment per week for claims. Now, that with an enhanced $300 weekly supplement, included in the latest stimulus package, it appears scammers are again trying to file false claims.
âOn Dec. 23, I woke up and got a very odd email from my HR department,â said Correy Honza. Basically, they said, We wanted to let you know that somebody has filed unemployment under your name.ââ