Coles Home  

_       |      _       |      _       |      _

News - October 30, 2009 
 


White House: Stimulus responsible for
almost 25000 jobs in Ga.

The Atlanta Journal-Constitution

Nearly 25,000 jobs have been created or saved so far through stimulus spending in Georgia, the federal government reported Friday.

Most of those 24,681 jobs are in state or local governments or public school systems, according to state officials. At least 17,067 jobs were created or saved for teachers, college professors, police officers and other positions. The rest are in the private sector. State and federal officials have not kept track of how many of the jobs are new.

… Still, economists say the spending has lessened the impact of the recession by preventing a greater loss of jobs. But they also question how long some of the stimulus-funded jobs will last.

“What are these school systems going to do because tax revenue is going to be down again when these contracts are up at the end of the year,” said Don Sabbarese, director of the Econometric Center at Kennesaw State University. “Are these jobs going to disappear? I don’t think the state government is going to be ale to fill in the lost money that was used to save these jobs.”

 

 

 
 
 
 
  line
News Archive   |   Coles Home   
     
 
 
 

© 2009 Kennesaw State University Coles College of Business | All rights reserved.  |  Legal Notices  |  Site Map
Coles College of Business | 1000 Chastain Road, BB 255, Kennesaw, GA 30144  |  770-423-6425
Questions? Contact coleswebmaster@kennesaw.edu