With numerous good reports on the economic front over the last few weeks, many are starting to suggest that the recession is over. Jobs though continue to be a problem.
To answer questions about the impact of the stimulus program, the administration has announced that the stimulus is approaching 1,000,000 jobs saved or created. From the White House blog.
According to information on Recovery.gov, Tennessee has been an especially fortunate recipient of the stimulus funds.
Still, Tennessee's unemployment remains over 10% through September, despite the 1156 jobs identified as created by the stimulus. Some good news is starting to be announced locally. More on that later.
UPDATE STIMULUS IMPACT FOR TENNESSEE: Posted November 1, 2009
As promised the stimulus figures were updated on Recovery.gov. The new figures indicate that the stimulus has created over 640,000 jobs nationwide, and 9548 in Tennessee.
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Richard Smith |
American Acceptance Mortgage, Inc |
FHA, VA, Rural Development, Conventional, Jumbo,
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Richard Smith Conventional, FHA, FHA 203k, HUD $100 down purchases, VA, Jumbo VA, Rural Development, Jumbo, FannieMae Homepath, Home Equity Line of Credit (HELOC). |
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Hi Richard, Thanks for sharing that and providing the link to recovery.gov. We can all monitor our individual areas and watch our unemployment levels begin to drop like a feather from a tree.
William,
Love the image - feather falling from a tree. It has to overcome a lot of resistance. That is the job picture.
The interactive map, linked in the post above, show California having the biggest stimulus receipts and job creation. Even moreso with the updated numbers.
It is interesting - and at least a step towards the well publicized goal of transparency.
Richard