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Unemployment Rate for Disabled Persons Increases in 3Q 2010

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According to the San Francisco Chronicle, the third-quarter of 2010 saw an increase in the unemployment rate for people with disabilities. Social Security Disability Insurance claims also increased.

The Allsup Disability Study found that people with disabilities experienced a 68% higher unemployment rate than for people with no disabilities. The underlying unemployment rates for the third quarter were 15.6% for people with disabilities and 9.3% for people with no disabilities, according to the U.S. Bureau of Labor Statistics.

“The number of people filing for disability claims has doubled compared to 2001,” said Paul Gada, personal financing planning director for the Allsup Disability Life Planning Center. “Contributing factors include both the aging population and the high unemployment rate.  Some people with disabilities are never able to return to work after a layoff.”

For more information, see  http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/10/26/prwebprweb4700624.DTL

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