The Mudcat Café TM
Thread #146334   Message #3387840
Posted By: Sawzaw
08-Aug-12 - 09:52 PM
Thread Name: BS: 3 to 4 million jobs will be created
Subject: BS: 3 to 4 million jobs will be created
White House Releases State-By-State Employment Data on Impact of American Recovery and Reinvestment Plan
January 9, 2009
WASHINGTON, D.C. – During a briefing with National Economic Council Director Larry Summers, the White House today released state-by-state data detailing the jobs impact of the American Recovery and Reinvestment Plan. Summers discussed President Barack Obama's plan to create jobs, stimulate the economy, and foster long-term economic growth.

"We need to immediately jumpstart job creation and President Obama's American Recovery and Reinvestment Plan will help those who have suffered the most during this economic crisis. Our economy is in the midst of an unprecedented crisis and we need to act now," Summers said today.

Obama's plan will create 3-4 million jobs over the next two years. See below for state-by-state data detailing the employment impact of the recovery plan.
AMERICAN RECOVERY AND REINVESTMENT PLAN: STATE-BY-STATE JOBS IMPACT

The American Recovery and Reinvestment Plan is a nationwide effort to create jobs, jumpstart growth and transform our economy to compete in the 21st century. The President has set a central goal that this plan will create or save 3 to 4 million jobs over the next two years. Independent analyses by Macroeconomic Advisers and Moody's have confirmed that the recovery plan will meet this jobs goal. Jobs created will be in a range of industries from clean energy to health care, with over 90% in the private sector.

The table below outlines the impact of the American Recovery and Reinvestment Plan on employment by state. The estimates are derived from an analysis of the overall employment impact of the American Recovery and Reinvestment Act conducted by Christina Romer, Chair of the Council of Economic Advisers, and Jared Bernstein, Chief Economist for the Vice President, and detailed estimates of the working age population, employment, and industrial composition of each state. These estimates are tentative, and subject to change based on the final composition of the legislation.
Employment Impact of the American Recovery and Reinvestment Plan

State         Estimated Effect
Alabama         55,000
Alaska          9,000
Arizona         74,000
Arkansas       33,000
California    421,000 currently 10.7% unemployment 3rd highest in the US
Colorado       63,000
Connecticut    44,000
Delaware       11,000
DC             13,000
Florida       218,000
Georgia       113,000
Hawaii          17,000
Idaho          18,000
Illinois       158,000
Indiana         79,000
Iowa            39,000
Kansas          35,000
Kentucky       51,000
Louisiana       53,000
Maine          16,000
Maryland       70,000 Duh, Maryland lost 11,000 jobs last month
Massachusetts   83,000
Michigan       116,000
Minnesota       70,000
Mississippi    32,000
Missouri       73,000
Montana         12,000
Nebraska       24,000
Nevada          36,000 currently 11.6% unemployment highest in the US
New Hampshire   17,000
New Jersey    106,000
New Mexico      23,000
New York       228,000
North Carolina 111,000
North Dakota    9,000
Ohio          142,000
Oklahoma       42,000
Oregon          46,000
Pennsylvania   152,000
Rhode Island    13,000 currently 10.9% unemployment 2nd highest in the US
South Carolina 54,000
South Dakota    10,000
Tennessee       75,000
Texas          286,000
Utah            33,000
Vermont          8,000
Virginia       99,000
Washington      80,000
West Virginia   21,000
Wisconsin       74,000
Wyoming          8,000


HMMMMMMMMMMMM according to BLS.GOV the labor force has shrunk by 2 million from 65.7 million to 63.7 million since the beginning of 2009.
So where were the 3 to 4 million jobs created? China?