White House: Data Likely to Credit Stimulus for 650000 Jobs

Oct 30th, 2009 - Wall Street Journal

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WASHINGTON -- Obama administration officials expect new reports Friday to show that the government's fiscal stimulus program helped create or save about 650,000 jobs, a figure officials are prepared to tout as a significant sign of stimulus success.

The figure would represent stimulus spending through Sept. 30 on projects or activities such as highway repairs and education funding.

The jobs data will be included in reports tens of thousands of state and local governments, private companies, colleges and community groups submitted earlier this month to show how they are making use of stimulus funds. The reports are expected to be available Friday afternoon on the Web site, recovery.gov.

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