Food Stamp Participation Hits All-Time High

By Theresa McCabe

New York (TheStreet) — Participation in the U.S. Supplemental Nutrition Assistance Program (SNAP), formerly known as the Food Stamp Program, reached an all-time high in January.

The number of SNAP recipients nationwide ticked up to 44.2 million in January, 2011, or about one in seven Americans, from 44.1 million in December, 2010, according to data released by the U.S. Agriculture Department’s Food and Nutrition Service on Friday.

The number of recipients grew by 4.8 million from 39.4 million recorded in January last year, and 32 million in the same month in 2009.

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