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Thousands of Texas jobs created, saved by stimulus

Published: Thursday, November 5, 2009

Updated: Monday, November 9, 2009 12:11

Federal stimulus money saved or created almost 4,000 education jobs in Texas according to a report by the US Department of Education (DOE).The report said Texas used almost $30 million of the stimulus money awarded to it by the DOE.
A draft of the report was made available on Nov. 2 by the DOE. The report includes information on money awarded to each state in the nation and jobs saved or created in each state.

$100 billion from the American Recovery and Reinvestment Act (ARRA) was provided to the DOE to deal with state budget shortfalls when President Obama signed the ARRA into law on Feb. 17. The DOE credits the use of that money for the creation of 325,000 education jobs nationwide. That is nearly half of the 640,329 jobs created by the ARRA according to the recovery.gov Web site.
Some states have taken full advantage of the money awarded to them while others have not. According to the report, California has saved or created 80,000 jobs with its $5 billion while Wyoming only took $800 thousand and, according to the report, created or saved only three education related jobs.
States are required to report the use of stimulus funds quarterly and on Jan. 1 the DOE plans to release another report with more up to date information.
"We'll be able to see its impact for years to come," said Secretary of Education Arne Duncan of the stimulus money used to save and create education jobs. "We can educate our way to a better economy."

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