Social Security Beneficiaries Hit Record 61,859,250 - News Today in World

Social Security Beneficiaries Hit Record 61,859,250

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Title : Social Security Beneficiaries Hit Record 61,859,250
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news-today.world | The number of Social Security beneficiaries hit a record 61,859,250 in November, according to data released by the Social Security Administration.

At the same time, according to the Bureau of Labor Statistics, with unemployment at the lowest rate since 2000 (4.1 percent), there were 126,827,000 full-time workers in the United States (including government workers). Yet that equaled only 2.05 full-time workers for each person receiving Social Security benefits.

Even when all 153,918,000 people who had jobs in November are considered (counting both full- and part-time workers), the ratio of workers to Social Security beneficiaries was about 2.49 to 1.

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