News FocusEconomic Recovery

ISO … 3.5 Million U.S. Jobs

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Science  19 Jun 2009:
Vol. 324, Issue 5934, pp. 1510-1511
DOI: 10.1126/science.324_1510

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Summary

Last week, the White House announced that the massive stimulus package approved this winter has created or saved more than 150,000 jobs in its first 100 days. The next 100 days will add another 600,000 jobs, predicted Jared Bernstein, economic adviser to Vice President Joe Biden, whose office is responsible for tracking the impact of the nation's $787 billion spending spree, known officially as the American Recovery and Reinvestment Act. In fact, no data on job creation yet exist. The numbers come from economic models.