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


It’s all about supply and demand, not just demand

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.

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