ART CASHIN: The Unemployed Are Now Going On Disability And It's Costing The Government Billions
.......where do those people go who have stopped looking for work.
Their absence is credited with distorting the unemployment rate and making it lower than most expect or believe.
The reports I allude to, contended that many went on disability.
In fact, they projected that nearly 25% of those not actively seeking a job had applied for, and been accepted, by disability - mostly Social Security.
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