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Disability Rolls Swell to 8.9 Million

More than 76,000 workers went on the federal government's disability program in July, according to the latest data from the Social Security administration, bringing the total number of new enrollees this year to 534,038.

Although that is down somewhat from the same month last year, enrollment in the Social Security Disability Insurance program remains sharply higher than it has been historically. Since 2009, an average of about 1 million workers have gone on SSDI annually — a 31% increase from the average enrollment over the previous 10 years.

As a result, a record 8.9 million workers are now collecting disability benefits, which is up 15% since the recovery officially started in mid-2009.

Source: Investors Business Daily. Read full article. (link)

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