Jul 3, 2009

"Many Left Uncounted In Nation's Official Jobless Rate"

You can read or view online the PBS report from last night that sought to make the point that the recession is increasing the number of people seeking Social Security disability benefits and that this partially masks the extent of the unemployment.

2 comments:

Anonymous said...

I have to say that I did not really learn anything new here. I've long known that the jobless rate is higher than the gov't reports. It is also axiomatic that when unemployment rises, so do disability claims. This was certainly NOT a story about the "backlog" as Mr. Hall previously speculated.

Anonymous said...

As predicted President O's stimulus bill did nothing but put us deeper in debt.