Wednesday, April 17, 2013

The Role Disability Insurance is Playing in Discouraging People from Working

 Graph: Civilian Labor Force Participation Rate - 25 to 54 years

Write Leslie Scism and Jon Hilsenrath:
Of the nearly nine million former workers receiving federal disability payments, more than 2.5 million are in their 20s, 30s and 40s. 
“It is difficult to overstate the role that the SSDI program plays in discouraging” employment among these young people, Messrs. Autor and Duggan said in one of their research papers, urging reform.
(via Newmark's Door)

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