XIAM007

Making Unique Observations in a Very Cluttered World

Monday 2 July 2012

Workers on Federal 'Disability' Exceed Population of New York City - 8,733,461 workers -

Workers on Federal 'Disability' Exceed Population of New York City - 8,733,461 workers - 


A record of 8,733,461 workers took federal disability insurance payments in June 2012, according to the Social Security Administration. That was up from 8,707,185 in May.


It also exceeds the entire population of New York City, which according to the Census Bureau's latest estimate hit 8,244,910 in July 2011.


There has been a dramatic shrinkage in the United States over the past 20 years in the number of workers actually employed and earning paychecks per worker who is not employed and is taking federal disability insurance payments.


In June 1992, according to the Bureau of Labor Statistics, there were 118,419,000 people employed in the United States, and, according to the Social Security Administration, there were 3,334,333 workers taking federal disability payments. That equaled about 1 person taking disability payments for each 35.5 people actually working.


When President Barack Obama was inaugurated in January 2009, there were 142,187,000 people employed and 7,442,377 workers taking federal disability payments. That equaled about 1 person taking disability payments for each 19.1 people actually working.


In May of this year, there were 142,287,000 people employed, and 8,707,185 workers taking federal disability payments. That equaled 1 worker taking disability payments for each 16.3 people working.


The federal disability payments made to the record 8,733,461 workers in June averaged $1,111.42.


Only 11 states--California, Florida, Georgia, Illinois, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Texas—have populations in excess of the 8,733,461 workers who took disability payments in June.


New Jersey’s 2010 Census population of 8,807,501 approximates the 8,733,461 workers who collected federal disability insurance in June.


In addition to the 8,733,461 workers taking federal disability payments in June, there were also 165,469 spouses of disabled workers getting federal disability payments and 1,899,756 children of disabled workers getting benefits. That brought the total number of beneficiaries receiving disability insurance payment in June to 10,798,686.


Read more -
http://cnsnews.com/news/article/8733461-workers-federal-disability-exceed-population-new-york-city

No comments:

Post a Comment