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Vermont s unemployment rate falls again to 2 6 percent in May | Vermont Business Magazine

Vermont s unemployment rate falls again to 2 6 percent in May | Vermont Business Magazine
vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.

Talcove: Vermont s unemployment fraud problems are correctable

Every bank in the US utilizes technology that can stop it by Haywood Talcove Weeks ago,Vermont’s Labor Commissioner Michael Harrington made the tough call to entirely shut down the state’s online portal for filing for unemployment benefits. Facing an ongoing barrage of fraudulent claims coming from transnational criminal groups, domestic organized criminal groups and everyone in between, agency leaders had no choice but to move from a digital filing system to an analog one: phone calls. They were right to do so. Our nation’s entitlement programs are facing a coordinated attack right now - and the great unemployment heist of COVID-19 may go down as the largest fraud in history – current national estimates are between $150-250 billion. Vermont, like every other state in the union, is dealing with something unprecedented - and nobody should accept or normalize this situation. 

Vermont stopped online unemployment claims after fraud spike

Don t miss the big stories. Like us on Facebook.   The Vermont Department of Labor stopped accepting new online applications for unemployment benefits last week after its system was receiving nearly 3,000 new claims a day, more than 90% of them fraudulent, Labor Commissioner Michael Harrington said Monday. The department on Friday said it would no longer accept online first-time claims for unemployment benefits. Residents were told to file their claims over the phone. The change dropped the number of new claims by about 90%. “The hardest part is that these fraudsters have a lot of data points on individuals’ identities,” Harrington said. “It looks like a real person, it feels like a real person, but in the end it’s not.”

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