How Much Stimulus Is Needed To Create A Job?
$787 Billion = 4 million Jobs (Rhetoric is 3 to 4 million jobs)
CBO Reports Potential Job Creation of 1.2 - 3.5 million jobs.
$196,750 To Create A Single Job (based upon Obama Administration estimates)
Number Of Unemployed Americans As Of 2/15/09:
11.6 Million
Number Of Unemployed Americans As Of 3/01/09:
12.5 Million
Net Number of Jobs Created By President Obama's Economic Stimulus Package:
Undetermined - No Data Available
According to the Department of Labor:
Weekly Seasonal Adjusted Initial Unemployment Claims were 639,000
Adjustment From Previous Week: -31,000 from revised previous numbers
Adjustment From Same Week in 2008: +293,000
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