No Cost Of Living Increase For Millions On Social Security

Sixty million Americans who receive Social Security benefits will not get a cost-of-living adjustment next year.

Falling gas prices are another sign of weak inflation in the United States, a key measure used to make the cost-of-living adjustment. At the same time, applications for unemployment aid have dropped to a 42-year low.

NPR’s senior business editor Marilyn Geewax joins Here & Now‘s Jeremy Hobson with details.

Guest

• Marilyn Geewax, senior business editor at NPR. She tweets @GeewaxNPR.

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