Less Than Half Of Stimulus Jobs Went To Unemployed, Study Finds - By Megan Poinski

Posted September 6, 2011

Megan@MarylandReporter.com

http://baltimore.citybizlist.com/1/2011/9/6/Less-Than-Half-Of-Stimulus-Jobs-Went-To-Unemployed-Study-Finds--By-Megan-Poinski.aspx

Only about 43% of all jobs created by projects funded by the $787 billion federal stimulus billwent to people who were unemployed, according to a new study from the Mercatus Center at George Mason University.

The rest of the jobs, according to the study, went to people who were already employed elsewhere, were just out of college, or were not part of the labor force. Job-switchers got about 47% of all of the jobs created by the stimulus package, the study states.

[...]

Jones said this shows that the stimulus funds may have targeted some of the wrong kinds of projects. While billions of dollars went to "green" projects, for example, many of the people who can do that kind of work tend not to have problems finding jobs. Meanwhile, people who do not have college educations may have had fewer opportunities to find a stimulus-funded job they qualified for.

[...]

http://baltimore.citybizlist.com/1/2011/9/6/Less-Than-Half-Of-Stimulus-Jobs-Went-To-Unemployed-Study-Finds--By-Megan-Poinski.aspx

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