Latest News

Pandemic Anomaly – Social Security Applications Are Static - Bloomberg Business

As is generally known, the COVID-19 pandemic took a big toll on the American workforce, with many either forced to, or choosing to, leave their employment. Unemployment statistics jumped as the economy struggled to cope with lockdowns and strict rules imposed to deter the spread of the virus. Many businesses were shuttered, exacerbating the unemployment problem, a phenomenon which logic suggests would cause an increase in those who are eligible applying for their Social Security benefits. But although logic might imply that, it did not happen. Indeed, Social Security applications have remained static throughout the pandemic, an anomaly which stumps economists, as explained in this Bloomberg Business article by Michael Sasso and Alexandre Tanzi. Click here to read more.

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers