Layoffs, Baby Boomer | featured news

Social Security disability on verge of insolvency

Social Security disability on verge of insolvency

Laid-off workers and aging baby boomers are flooding Social Security's disability program with benefit claims, pushing the financially strapped system toward the brink of insolvency. Applications are up nearly 50 percent over a decade ago as people with disabilities lose their jobs and can't find new ones in an economy that has shed nearly 7 million jobs.

 

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