Saturday, January 30, 2010

Social Security Total Spike in January

1/29/2010 Total Social Security retirees for January increase compared to December. This is the second highest January change on record. The January 2010 spike was bigger probably because of the big 2009 COLA increase. This year there was no COLA change. This year's January spike probably reflects 1) continued high unemployment and 2) demographic shift (Baby Boomers retiring).


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