News for hackers. Stuff that matters.

A comment on Second-quarter US GDP growth revised up to 4.2 percent on software, trade. Parent comment

Re:Second-quarter US GDP growth revised up to 4.2 percent on... by linkregister on Thursday August 30, 2018 @02:27AM (#17874497)
Indeed the cost of benefits has risen precipitously while the value has dropped. White-collar professionals are insulated from this by a combination of much greater employer contribution ratios and a healthier risk pool.

I had read an article claiming that the major source of government transfers were due to a much larger percentage of people being on Social Security disability. The causes are a mix of improvement in the enrollment process and a loss of jobs in regions that experience lower migration. I could be misremembering aspects of this so I won't be shocked if someone disputes this.

[ Parent | on HN ]
Re:Second-quarter US GDP growth revised up to 4.2 percent on... by whoisthemachine on Thursday August 30, 2018 @08:15AM (#17876018)
Anecdotally, I feel as though the trend amongst my friends and family has been that the cost of benefits has increased, while the benefits themselves have contracted. I'm lucky to work at a fairly young company where we get nice health insurance options, but even so, our sick leave policy leaves something to be desired.
[ Parent | on HN ]