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8,803,335: Another New Record for Disability—Up 975 Per Day Under Obama

Posted By admin On October 26, 2012 @ 2:21 am In Money Watch | Comments Disabled

Terence P. Jeffrey
CNS News [1]
October 26, 2012

The number of American workers collecting federal disability insurance benefits hit yet another record high in October, according to the Social Security Administration [2].

This month 8,803,335 disabled workers are collecting benefits, up from the previous record of 8,786,049 set in September.

In February 2009, the first full month after President Barack Obama took office, there were 7,469,240 workers collecting federal disability insurance. Thus, so far in Obama’s term, the number of workers collecting disability has increased by 1,334,095. That works out to a net increase of about 29,646 per month (1,334,095 divided by 45 months), or an average increase of about 975 per day (1,334,095 divided by 1,369 days).

Full article here [1]

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URLs in this post:

[1] CNS News: http://cnsnews.com/news/article/8803335-another-new-record-disability-975-day-under-obama

[2] Social Security Administration: http://www.socialsecurity.gov/cgi-bin/currentpay.cgi

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