Losing a job can be financially and emotionally draining. While unemployment assistance can help alleviate some of the stress, what happens when your state overpays you? It has happened.
Many state unemployment systems deliberately use old technology to help prevent fraud, but that can quickly become problematic if the systems are overloaded with requests. That happened when the COVID-19 pandemic shut down the U.S. economy overnight, leading to millions of people losing their jobs. In April 2020, the unemployment rate surged to 14.7%, with 23.1 million workers losing their jobs. While it has since come down to 6% in March 2021, that’s still 2.5% …
