New Record: More than 35 Million Americans (1 in 9) on Food Stamps; Up 22% YoY

Discussion in 'Economics' started by ByLoSellHi, Sep 3, 2009.


    Food stamp list soars past 35 million: USDA
    Thu Sep 3, 2009 3:17pm EDT

    WASHINGTON (Reuters) -
    More than 35 million Americans received food stamps in June, up 22 percent from June 2008 and a new record as the country continued to grapple with the worst recession since the Great Depression of the 1930s.

    The food stamp program, which helps cover the cost of groceries for one in nine Americans, has grown in step with the U.S. unemployment rate which stood at 9.4 percent in July.

    The Labor Department will release August employment figures on Friday.

    June was the seventh straight month in which food stamp rolls set a record. The average benefit in June was $133.12 per person.

    (Reporting by Roberta Rampton and Chuck Abbott; editing by Jim Marshall)

    © Thomson Reuters 2009 All rights reserved
  2. I complained (politely) when they moved your other thread to chit chat, on the basis it wasn't economically relevant.

    It was nothing if not economically centric, let alone relevant.