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US financial news live updates: SNAP payments in June, double Social Security payments, 401(k)…

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Almost 80% of SNAP households have at least one person working

Many conservative leaders and experts argue that the tighter SNAP work requirements are necessary to move more unemployed people into the workforce, especially in a historically tight labor market that keeps adding jobs at a surprising clip.

But an NBC News analysis of Census Bureau and other data shows most families who participate in SNAP- in which the average monthly benefit comes in at about $230 per person- are already working, and poverty, not unemployment, is the major challenge they face.

According to the study, a look at the number of workers in families that participated in SNAP in 2021 shows that almost 80% had at least one working family member.

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