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Beyond Federal Stimulus, Government Considering Other Job-Creation Options

California Gov. Arnold Schwarzenegger reports 100,000 jobs saved and created in the nation's largest state with the aid of Federal stimulus funds, according to CNN Money.

California Gov. Arnold Schwarzenegger reports 100,000 jobs saved and created in the nation's largest state with the aid of Federal stimulus funds, according to CNN Money.

Many states have reported that jobs have been saved and created by federal economic stimulus money from earlier in 2009, but some politicians are questioning the numbers amid rising unemployment and pushing for other job creation strategies, said a CNN Money article.

Republicans have attacked the Obama administration, saying stimulus has been a failure, and are proposing legislation that would boost small company tax benefits “allowing firms to take a tax deduction equal to 20% of their income,” the article said.

Republican Gov. Arnold Schwarzenegger said California has saved or created 100,000 jobs. Minnesota officials have reported 11,800 jobs created or saved. Tennessee reported over 7,700 jobs; Oregon said 8,000 were created or saved; Pennsylvania reported 7,000 people are working on transportation and water infrastructure projects from stimulus monies.

Exactly how many jobs are being created or saved with stimulus funds is a difficult figure to pin down, however.

The White House last month said the recovery act is responsible for more than 1 million jobs. This estimate includes jobs funded directly with stimulus money, as well as those that exist indirectly, such as the deli workers who supply lunch to contractors on stimulus construction jobs.

The states’ reports, however, include only direct jobs, so the figures are likely to be even smaller.

On top of that, governors are required to report jobs by hours of employment rather than by the number of people working. So someone hired for a short-term gig might only be counted as a fraction of a job.

The Obama administration said it will give a full report on jobs coming from stimulus funds next month but sees the slowing job loss as evidence the stimulus has worked.

[Image by The Official White House Photostream via Flickr CC 3.0]

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