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Stimulus creates only 3.5 jobs in Tier's 10 counties
By Doug Schneider
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Federal contracts related to the president's economic stimulus program are creating or saving few jobs so far across Upstate New York.
In the 10 counties of the Binghamton-Elmira-Ithaca region, contracts for federal projects have created the equivalent of 3.5 jobs, the Associated Press found. Three counties in Pennsylvania's Northern Tier have seen a total of eight jobs created.
http://www.recovery.gov/Pages/home.aspx" target=_blank>Web link: Track the stimulus money
Nationally, businesses reported creating or saving more than 30,000 jobs in the first months of President Barack Obama's stimulus program, according to data released by a government oversight board. Military construction led the way. States in the South and Southwest saw the biggest boost.
Locally, 3 jobs have been created or retained so far in Cortland County, the equivalent of 0.5 jobs in Broome, and 8 in Tioga County, Pa., AP's analysis concluded.
The data offer the first hard data on the impact of about $16 billion of federal spending - a sliver of the American Reinvestment and Recovery Act, a $787 billion program.
The New York county enjoying the greatest job impact: Jefferson, north of Syracuse, at 225. About 50 jobs were created or retained in Cattaraugus County. Spending in Erie and Albany counties each accounted for two dozen jobs.
Obama's administration had promised unprecedented real-time data on whether the program was working.
Until now, the White House has relied on economic models to argue that the program created jobs and eased the recession. The numbers help shift the discussion from whether the program is creating jobs to whether it is creating enough to justify its price tag.
http://www.theithacajournal.com/article/20091015/NEWS01/910150392/Stimulus+creates+only+3.5+jobs+in+Tier+s+10+counties