Growing Food Bank Lines Across America Signal Economic Crisis Far From Over
November 21st, 2020Via: ZeroHedge:
Millions of Americans face food and housing insecurity this holiday season. The unemployment rate stands around 6.9%, with more than ten million folks still out of work. Permanent job loss continues to soar, now about 3.8 million, as a double-dip recession becomes increasingly likely by year-end.
We recently pointed out that food bank lines continue to increase across the country as the virus-induced downturn continues to inflict financial devastation on the working poor.
Last weekend, the North Texas Food Bank (NTFB) handed out more than 600,000 pounds of food to 25,000 hungry people – one of the largest-ever food giveaways, explained NTFB officials.