- Disability recipients hit record for 192nd straight month. “The number of American workers collecting federal disability payments climbed to yet another record high of 8,830,026 in January, up from 8,827,795 in December, according to newly released data from the Social Security Administration.” . (CNS)
- Food stamps skyrocket as unemployment rates remain flat. “From October 2009 to October 2012 the unemployment rate has declined from 10.2 percent to 7.9 percent [the same rate as January 2013]. In that same time frame, nearly ten million new recipients have been added to the food stamp rolls…” (Daily Caller)
- Over 100 million Americans are receiving some form of welfare. (The Weekly Standard)
- Welfare becoming more attractive than work. Total welfare spending in the U.S. (if converted into cash payments) equals approximately ‘$168 per day for every household in poverty,’ higher than the $137 median income per-day.” (Senate Budget Committee).
Chosen excerpts by Job Market Monitor. Read the whole story at
Discussion
No comments yet.