Millionaires Collect Unemployment Benefits in RI
GoLocalProv News Team and Stephen Beale
Millionaires Collect Unemployment Benefits in RI
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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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
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
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
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
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
