slides: Millionaires Collect Unemployment Benefits in RI

Thursday, May 22, 2014

 

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A GoLocalProv investigation finds that a select group of Rhode Island millionaires were able to collect unemployment benefits.

According to data for the most recently available year (2011), nine millionaires collected unemployment benefits. An additional 44 taxpayers earning between $500,000 and $1 million were on unemployment in the same year.

Overall, roughly one out in ten Rhode Islanders who received unemployment benefits earned six figures or more in annual income.

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Related Slideshow: RI Millionaires Received Unemployment Benefits

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2011

Total Number of Unemployment Beneficiaries: 67,348 

Number who earned more than $1 million: 9
Number between $500K and $1,000,000: 44
Number between $200K and $500K: 647
Number between $100K and $200K: 5,700

Total Amount Paid to those Earning $100K or More:
$59.9 million

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2010

Total Number of Unemployment Beneficiaries: 74,785

Number who earned more than $1 million: 0
Number between $500K and $1,000,000: 64
Number between $200K and $500K: 609
Number between $100K and $200K: 6,303

Total Amount Paid to those Earning $100K or More: $72.7 million

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2009

Total number of Unemployment Beneficiaries: 60,679

Number between $200K and $500K: 586
Number between $100K and $200K: 4,885

Total Amount Paid to those Earning $100K or More: $54.8 million

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2008

Total number of Unemployment Beneficiaries: 54,409

Number between $200K and $500K: 539
Number between $100K and $200K: 4,407

Total Amount Paid to those Earning $100K or More: $33.7 million

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2007

Total number of Unemployment Beneficiaries: 46,296

Number between $200K and $500K: 474
Number between $100K and $200K: 3,590

Total Amount Paid to those Earning $100K or More: $23.1 million

 
 

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