LOCAL JOBS CREATED BY STIMULUS ACT TO BE POSTED OCT. 30

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CPI will analyze San Diego County data

October 29, 2009 (San Diegoi)--In a watershed moment for government transparency, the first reports from recipients of stimulus funds under the American Recovery and Reinvestment Act of 2009 (ARRA) will be made public Friday, Oct. 30.

 

The Center on Policy Initiatives will analyze the data as soon as it is released to summarize the recipients, dollars, and jobs created or retained in San Diego County.

 

 

The reports, from all recipients of more than $25,000, will be posted on the federal website http://www.recovery.gov by the Recovery Act Transparency and Accountability Board.

 

ARRA requires recipients of loans, grants and contracts to report quarterly on project status, location, and number of jobs created or saved.

 

Although the reporting of such data is historic, there are some limitations. No information will be included on race and gender, types of jobs, or on wages and health benefits for jobs created. In addition, more than half of the Recovery Act spending is direct rather than in contracts, grants or loans, and therefore is not included in these reports.

 

The Center on Policy Initiatives is a nonprofit research and advocacy center dedicated to the interests of working people in the San Diego region. The center is a part of the California Green Stimulus Coalition - an alliance of the state's top environmental, energy, labor, economic development and social justice groups - points has been advocating throughout the year for California's ARRA funds to be used for high-quality job creation and economic development in the most environmentally sustainable and equitable way possible.