Mark Thoma – Unemployment and Food Stamps
From the Economist’s View:
Two statistics from the Wall Street Journal. First, 6 million people were unable to find work last year.
Nearly 6 million Americans looked for work but weren’t able to find employment at all last year,… an increase of 2.7 million from a year earlier. …
That makes it thard to swallow stories where the high unemployment rate is caused by an unwillingness to work due to government programs such as unemployment compensation.
More people tapped food stamps to pay for groceries in September as the recession and lackluster recovery have prompted more Americans to turn to government safety net programs to make ends meet.
Some 42.9 million people collected food stamps last month, up 1.2% from the prior month and 16.2% higher than the same time a year ago…
Nationwide 14% of the population relied on food stamps as of September…
That means the presently about one out of every seven people relies on food stamps.
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