San Diego, CA (PRWEB) December 12, 2009
The Identity Theft Resource Center
Belleville, Ill. (PRWEB) October 20, 2011
The unemployment rate for people with disabilities has climbed for the fourth consecutive quarter to reach the highest rate since tracking began in 2008, according to a study by Allsup, a nationwide provider of Social Security Disability Insurance (SSDI) representation and Medicare plan selection services.
The Allsup Disability Study: Income at Risk shows that people with disabilities experienced an unemployment rate more than 85 percent higher than the rate for people with no disabilities for the third quarter of 2011. Specifically, the unemployment rate averaged 16.3 percent for people with disabilities, compared with 8.8 percent for people with no disabilities. These figures are based on non-seasonally adjusted data from the U.S. Bureau of Labor Statistics. The quarterly rate hasnt been this high since reporting of the disability unemployment rate began in the fourth quarter of 2008.
The Allsup Disability Study: Income at Risk shows that 737,468 people with disabilities applied for SSDI during the third quarter of 2011, down 3 percent from the previous quarter. Year-to-date, nearly 2.22 million people have filed disability claims, compared with nearly 2.23 million applicants by the same time last year. Since the fourth quarter of 2007, when the recession began, more than 10.8 million people have applied for SSDI. Nearly 1.8 million SSDI claims are pending with an average cumulative wait time of more than 800 days, based on Allsups analysis of the Social Security disability backlog.
Disability applications have increased significantly over the past few years, said Paul Gada, personal financial planning director for the Allsup Disability Life Planning Center. The economy is one factor, with some people with disabilities never able to return to work after a layoff. Another factor is the aging population, with most baby boomers now in their late 40s to early 60s, Gada said. The average SSDI applicant is nearly 53 years old.
Some people with disabilities who are unable to work may put off applying for SSDI, and older individuals may simply wait to age into Social Security retirement benefits. Either of these actions, however, can result in a serious financial impact, both now and in the future.
People who are qualified need to understand the SSDI process, apply as soon as possible and prepare themselves and their families for the likelihood of living on a significantly reduced income, Gada cautioned.
Understanding Social Security Disability Benefits
SSDI is a mandatory, tax-funded federal insurance program providing individuals with financial resources if they are unable to work for 12 months or longer because of a severe disability, or if they have a terminal condition. Individuals must have paid FICA taxes to be eligible. Social Security disability benefits are calculated using the persons earnings history.
Allsup outlines several financial benefits to those who qualify for SSDI:
Fairfield, Ohio (PRWEB) November 28, 2011
Paternity has been pushed into the national spotlight by the recent allegations toward teen pop star Justin Bieber. While tabloids buzz with celebrity paternity stories, thousands of men across the country face the same issue daily and turn to DNA paternity testing to either confirm or refute their relationship to children. According to DDC (DNA Diagnostics Center), the largest provider of private paternity testing worldwide, questions about paternity testing from men have increased annually and now account for about 40% of all inquiries.
As one of the leading companies in DNA testing, were seeing an increase in calls by men seeking paternity answers, especially for cases where there are disputes or where chain of custody is important, said Dr. Michael Baird, chief science officer for DDC. In the case of DDC, were an accredited AABB laboratory that maintains a chain of custody reporting structure to ensure results of a test can be presented in court, if needed.
About 500,000 paternity cases were performed in the United States last year, according to the AABB (aabb.org), the professional society that accredits paternity testing laboratories, in its latest annual report. Establishing paternity is important for the child to have access to legal and social benefits (including social security, veterans and inheritance benefits), provides an accurate medical history and strengthens the bond between father and child. In fact, most state laws require an unmarried couple to complete an Acknowledgment of Paternity (AOP) at the hospital to establish parental rights.
If there are any questions about who the father is, a DNA test is recommended, Dr. Baird states. About 1 out of every 3 tested alleged fathers is found to not be the biological father of a child. After an AOP is provided to the Bureau of Vital Statistics, couples have the option of amending the document with a DNA paternity test to confirm parental rights or fathers have the option of securing a DNA test to establish paternity. However, there is a limited time for the validation to take place. Until that time, parental rights are not fully protected.
In addition to paternity testing services, DDC also provides expert DNA testing for family relationship, adoption, immigration, forensics and ancestry. For more information on DDC visit online at dnacenter.com or call 800-362-2368.
For 16 years, DDC has been the largest provider of private DNA paternity and other DNA tests in the U.S. and worldwide, offering comprehensive DNA testing services for paternity and other family relationships, forensics, cell line authentication, and ancestry. The Company is also known for its groundbreaking technologies, including an exclusive license for the most innovative and accurate non-invasive prenatal paternity test using SNP (single-nucleotide polymorphism) Microarray Technology, which only requires a simple blood draw from the mother and alleged father. Other services provided by DDC include DDC Veterinary, the animal DNA testing division, which provides innovative, quality DNA testing for companion and sport animals. DDC was the first to adopt robotics technology in its laboratory processes, ensuring highly stringent and efficient handling of DNA samples. DDCs unique Dual Process ensures all professionally collected DNA samples are independently tested twice producing legal results of unmatched quality and reliability. DDC is recognized through a number of accreditations nationally and internationally achieving perfect ratings in its past 16 inspections including those performed by the American Association of Blood Banks (AABB) and the College of American Pathologists (CAP). DDC is also accredited by ACLASS to meet the standards of ISO 17025 and the American Society of Crime Laboratory Directors Laboratory Accreditation Board International and follows the DNA Advisory Board (DAB) guidelines, which attests to DDCs superior forensic testing service. For more information: http://www.dnacenter.com or 1-800-362-2368.
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KANSAS CITY, Mo. (PRWEB) April 17, 2013
As the unemployment rate fell in 2012, another economic indicator dropped too: the overall business creation rate. According to the annual Kauffman Index of Entrepreneurial Activity released today, the 2012 rate declined slightly from 0.32 percent of American adults per month starting businesses in 2011 to 0.30 percent in 2012. That translates to approximately 514,000 new business owners per month in 2012 compared to 543,000 the year before. The 2012 business creation rate is slightly higher than pre-recessionary and long-term levels.
Its likely not a coincidence that the number of new businesses created dropped when the economy improved last year. While a stronger economy is good for business growth, it also means the unemployed find jobs instead of starting firms, said Dane Stangler, director of research at the Ewing Marion Kauffman Foundation, which conducts the annual study. During the Great Recession when the labor market was at its weakest, business creation rates rose to record highs. The 2012 rates are a return to longer-term levels.
The Kauffman Index of Entrepreneurial Activity is a leading indicator of new business creation in the United States. It provides the only national measure of business creation by specific demographic groups. The 2012 data allow for an update to annual reports dating back to 1996. Interactive data spanning all 16 years is available at http://www.kauffman.org/kiea.
The overall decline in business creation rates was entirely driven by a significant decline in rates among men, from 0.42 percent in 2011 to 0.38 percent in 2012. Entrepreneurial activity remained unchanged in 2012 for women at 0.23 percent, though men still held a substantially higher rate than women.
Entrepreneurship rates for all races and ethnicities declined from 2011 to 2012. The Latino business-creation rate declined from 0.52 percent in 2011 to 0.40 percent in 2012, but remained at a high level relative to previous years and other demographic groups. The Asian entrepreneurial activity rate decreased slightly from 0.32 percent in 2011 to 0.31 percent in 2012.
The youngest age group (ages 2034) experienced a large decrease in business creation rates, dropping from 0.27 percent in 2011 to 0.23 percent in 2012. The 4554 age group also experienced declining rates from 2011 to 2012. From 2011 to 2012, both the 3544 and 5564 age groups experienced slight increases in rates.
Examining entrepreneurial activity rates by demographics can point us to inefficiencies or changes in the economy, said Robert W. Fairlie, the studys author and director of graduate programs in Economics at the University of California, Santa Cruz. The fact that the rate for men starting businesses dropped so significantly in 2012, when unemployment also went down, suggests that men were getting jobs so they didnt feel the pressure to start businesses as a last resort.
Geographically, entrepreneurial activity rates decreased in all U.S. regions. Rates remain highest in the West and lowest in the Midwest. Among states, Montana had the highest entrepreneurial activity rate, with 530 per 100,000 adults creating businesses each month during 2011. Rounding out the top five highest rates were Vermont (520 per 100,000 adults), New Mexico (520 per 100,000 adults), Alaska (430 per 100,000 adults), and Mississippi (430 per 100,000 adults). The states with the lowest rates of entrepreneurial activity were Minnesota (150 per 100,000 adults), Nebraska (170 per 100,000 adults), Michigan (180 per 100,000 adults), Wisconsin (180 per 100,000 adults), and Ohio (190 per 100,000 adults).
For the first time in this series, entrepreneurship rates are reported by veteran status. In 2012, the business creation rate was 0.28 percent for veterans, a decline from 0.30 percent in 2011. The non-veteran entrepreneurship rate was 0.30 percent. Over the last seventeen years, veteran entrepreneurship rates generally have been higher than non-veteran entrepreneurship rates. Over the past four years, however, veteran rates have been lower. The share of all new entrepreneurs represented by veterans was 12.3 percent in 1996 but has steadily decreased to 5.7 percent by 2012. This is due to the decline in the Korean and Vietnam War veteran share of the working-age population over the past seventeen years.
The complete report plus interactive data of annual entrepreneurial activity nationally, by state and select MSAs since 1996 is available at http://www.kauffman.org/kiea.
Follow the conversation on Twitter at #KIEA.
About the Kauffman Index of Entrepreneurial Activity
Capturing new founders in their first month of significant business activity, the Kauffman Index of Entrepreneurial Activity provides the earliest documentation of new business establishment across the country. The percentage of the adult, non-business-owner population that starts a business each month is measured using data from the monthly Current Population Survey (CPS), conducted by the U.S. Bureau of the Census and the Bureau of Labor Statistics. In addition to this overall rate of entrepreneurial activity, the Kauffman Index presents separate estimates for specific demographic groups, states and select metropolitan statistical areas (MSAs).
About the Kauffman Foundation
The Ewing Marion Kauffman Foundation is a private, nonpartisan foundation that aims to foster economic independence by advancing educational achievement and entrepreneurial success. Founded by late entrepreneur and philanthropist Ewing Marion Kauffman, the Foundation is based in Kansas City, Mo., and has approximately $ 2 billion in assets. For more information, visit http://www.kauffman.org, and follow the Foundation on http://www.twitter.com/kauffmanfdn and http://www.facebook.com/kauffmanfdn.