More workers joined the federal government's disability program in June than got new jobs, according to two new government reports, a clear indicator of how bleak the nation's jobs picture is after three full years of economic recovery, Investor's Business Daily reports.
The economy created just 80,000 jobs in June, but that same month, 85,000 workers left the workforce entirely to enroll in the Social Security Disability Insurance program.
The disability ranks have outpaced job growth throughout President Obama's economic recovery. While the economy has created 2.6 million jobs since June 2009, fully 3.1 million workers signed up for disability benefits.
[Thanks BJS]
The economy created just 80,000 jobs in June, but that same month, 85,000 workers left the workforce entirely to enroll in the Social Security Disability Insurance program.
The disability ranks have outpaced job growth throughout President Obama's economic recovery. While the economy has created 2.6 million jobs since June 2009, fully 3.1 million workers signed up for disability benefits.
[Thanks BJS]
