Disability Claims Surge As True Joblessness Masked
- Official unemployment rate masks true joblessness as disability benefit claims surge
- 6.3 million now claim disability benefits; costs skyrocketing to £52 billion annually
- Incentives not to work evident; "underemployment" becoming lifestyle choice
- Mismatch between unemployed and labor shortages across regions and industries
- Idea of "soft landing" questionable given economic dysfunction from absent workforce