SOCIAL SECURITY DISABILITY CLAIMS AND THE ECONOMY



Why Do Social Security Disability Claims Increase In A Bad Economy?



 
Many would never guess that a bad economy could lead to an increase in Social Security Disability claims. However, more disability claims are a logical outcome when you take the time to think about the effects of a bad economy. When the economy is bad, many companies lay off higher paid employees in an effort to save money or they seek younger individuals to take the place of their older employees, because they are often willing to accept less benefits and pay.

This means that thousands of individuals who are in their forties, fifties, and sixties are being laid off, and individuals of this age group often have health problems. Many worked for employers who were aware of their health problems and some even had employers who actively helped their employees keep their jobs.

Older individuals with health problems are not likely to be hired by other corporations who are looking for individuals who are young and in good health, so what can they do? They still have financial obligations to take care of and often no way to be hired for work.



For many, the very last resort is filing for Social Security Disability. From my experience, I've found that, for these individuals, filing for disability is a very humbling experience that they do not relish. Contrary to what many might think, most individuals who have worked all their lives do not want to file for disability benefits.

Keep in mind, Social Security Disability in North Carolina

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Tips to Prepare for Filing for Social Security Disability or SSI

Advice to Win SSD and SSI Benefit Claims

Social Security Disability SSI Questions

What is the difference between Social Security Disability and SSI?

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SSI disability for children with ADHD

What is the Application Process for Social Security Disability and SSI?

Social Security Disability SSI Exam tips

More Social Security Disability SSI Questions

What makes you eligible for Social Security Disability or SSI?






Related pages:

How long for a disability judge to make a decision?
While you are in your disability interview
The SSD and SSI definition of disability
Can you get disability for OCD?
Can you get disability for Chronic fatigue and Fibromyalgia?
Filing for disability with depression
Disability claims involving spinal stenosis, arachnoiditis, degenerative disc
Polymyalgia rheumatica versus fibromyalgia
Is Chronic Fatigue considered a disability by Social Security?
Social Security Disability, SSI and Being Over the Age of Fifty
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Why does disability get denied?
Antisocial Personality Disorder and Filing for Disability
Can I Receive More Social Security Disability If I Get Another Condition Or Illness?