EDITORIAL: How a strong economy is helping people with disabilities
In 2015, the
What's changed? The economy, for one thing. It's booming. As Friday's
One happy result is the expansion of employment options available to people with physical limitations or mental health conditions. Disability rates, the trustees note, "tend to increase temporarily in bad economic times."
Some workers who lost their jobs during the Great Recession and couldn't find new ones were able to qualify for disability benefits. Some of those who went on disability may have been reluctant to take new jobs for fear they wouldn't last. The longer they stayed out of the labor force, the more their marketable skills eroded.
For some, disability payments took the place of unemployment insurance. The
But when the job market improved, some people who might have been able to qualify have sought employment -- and employers have been ready to take on workers they might have passed over before. As the trustees note, the share of Americans awarded new benefits "rose sharply in the recent recession, and has declined since the peak in 2010 to an extraordinarily low level by 2016."
Last year,
Not all of the improvement stems from the economy. The
The government has a duty to support workers whose illnesses or injuries make it impossible for them to take a job. But it also has to be a conscientious steward of the money provided by taxpayers.
For a long time, the disability fund was a story that kept getting worse. Thanks in part to a robust economy, the employment picture is brighter for all Americans, including those with disabilities.
Join the discussion on Twitter @Trib_Ed_Board and on Facebook.
Submit a letter, of no more than 400 words, to the editor here or email letters@chicagotribune.com.
___
(c)2019 the Chicago Tribune
Visit the Chicago Tribune at www.chicagotribune.com
Distributed by Tribune Content Agency, LLC.


Battle-weary Sovereign Health claims boost from state in fierce fight for millions from Health Net
One Month Left to Apply for SBA Disaster Loans in Center-West
Advisor News
- The inheritance gap: Helping clients plan for money that hasn’t arrived
- After the midterms: Addressing your clients’ tax concerns
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
- Americans’ sense of overall prosperity still ticks upward
- Turning expanded eligibility into a better coverage plan for federal clients
More Advisor NewsAnnuity News
- Annuity sales hit record $126.3B as RILA sales top $25B
- More pre-retirees rethink retirement as income-planning concerns grow
- AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
- Jackson reports record annuity sales, increases share repurchase authorization
- Why the market doesn’t need more carriers
More Annuity NewsHealth/Employee Benefits News
- Study Results from Hospital of the University of Pennsylvania in the Area of Managed Care Reported (Ten-year Performance of the Multi-Layer Insulated Defibrillation Lead in the Medicare Population): Managed Care
- Insurance cost hikes, fewer Medicare options add to Wyomingites' healthcare struggles
- Insurance Barriers to Mental Health Care Are Breaking Down
- States push short-term insurance as healthcare costs climb
- UnitedHealthcare calls Fairview lawsuit ‘mudslinging,’ asks judge to dismiss it
More Health/Employee Benefits NewsLife Insurance News
- Samsung Fire & Marine Insurance to Acquire Outstanding Stake in Canopius with KKR and KIC
- Start estate planning before the family needs it
- Best’s Market Segment Report: Health and Property Lines of Business Drive Hong Kong’s Non-Life Insurance Growth
- AM Best Affirms Credit Ratings of Central States Indemnity Co. of Omaha and Its Subsidiary
- National Life Group Approves $23 Million Dividends for 2027
More Life Insurance News