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CBO report, Stimulus package increased no. of employed by up to 2.1 million

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JohnWxy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-23-10 05:25 PM
Original message
CBO report, Stimulus package increased no. of employed by up to 2.1 million
MsNbc reported about this as posted here:

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=4280332&mesg_id=4280332

CBO report: Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output From October 2009 Through December 2009

In sum, CBO estimates that in the fourth quarter of calendar
year 2009, ARRA’s policies:

> Raised real GDP by between 1.5 percent and
3.5 percent,

> Lowered the unemployment rate by between 0.5 percentage
points and 1.1 percentage points,

> Increased the number of people employed by between
1.0 million and 2.1 million, and

> Increased the number of full-time-equivalent jobs by
1.4 million to 3.0 million compared with what those
amounts would have been otherwise (see Table 1).

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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-23-10 05:31 PM
Response to Original message
1. This topic was on Greatest Page already today.
See if you can combine your efforts with the previous topic.

Thanks
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