(BLOOMBERG) Food-stamp use reached a record 46.7 million in June, the government said, as Democrats prepare to nominate President Barack Obama for a second term with the economy as a chief issue in the campaign.
Participation was up 0.4 percent from May and 3.3 percent higher than a year earlier and has remained greater than 46 million all year as the unemployment rate stayed higher than 8 percent. New jobless numbers will be released Sept. 7.
“Unemployment is stubbornly stuck,” making it difficult to significantly reduce the number of food-stamp recipients, Agriculture Secretary Tom Vilsack said in an interview last month. “While people are going back to work, and there are jobs being added, they aren’t being added at a clip that is as robust as anybody wants.”
