The Social Security Administration says that applications for SSDI and SSI benefits have skyrocketed about 30 percent -- a result of the widening recession and a large swath of applicants being recently laid off.
MSNBC.com has put together an exhaustive and interesting report on the application boom...including personal stories about applicants in the midst of the process, as well as an overview of the impact that the tsunami of applications is having on the already overburdened ability for the SSA to process applications.
"According to the Social Security Administration, which runs the two main federal disability programs, new claims for disability benefits rose nearly 17 percent nationwide in fiscal year 2009, to 3 million. Disability filings are projected to rise another 10 percent in fiscal 2010, to 3.3 million new claims," MSNBC.com reports.
Read the full analysis from MSNBC.com here.
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