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Almost half of NYC workforce on food stamps
Posted By -NO AUTHOR- On 04/14/2013 @ 11:34 pm In Money,U.S. | No Comments
(NYPOST) — They’ve fallen through the cracks: millions of jobless or underemployed New Yorkers whose daily struggle is to find work and food.
They certainly don’t show up in the 9.1 percent unemployment rate for the city, since they have exhausted those benefits.
But the number of city residents on food stamps is on pace to jump this year from just above 1 million in 2007 to a breathtaking 2 million sometime this summer. That equals almost 50 percent of the city’s labor force today, which, according to the latest government calculations, shrank by nearly 200,000 people since 2011. There’s also 176,000 New Yorkers collecting Social Security disability insurance, which is up 30,000 in last 4 years.
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