Federal Recovery Act funds have produced 5,800 jobs in Oregon this year
April 21st, 2010 - 12:34 am ICT by BNO NewsSALEM, OREGON (BNO NEWS) – The American Recovery and Reinvestment Act (ARRA) funded approximately 5,800 jobs through $150 million in federal investments during the last three months as shown in Oregon’s third quarterly report, Governor Ted Kulongoski announced on Tuesday.
“This report demonstrates that the Recovery Act continues to help support jobs across the state for thousands of Oregonians during this difficult economic period. From job creation and retention to direct assistance for families struggling to make ends meet, the Recovery Act continues to help Oregon as we begin to emerge from this latest recession,” said Governor Kulongoski.
This quarter approximately $613 million were invested in Recovery Act projects and related programs managed by state agencies, such as education, health care and unemployment assistance.
The largest amount of funding was allocated for direct assistance to Oregonians. Since February 2009, $1.7 billion in ARRA funding is now in the hands of citizens, helping families meet their basic needs.
“A key goal of the Recovery Act was to invest strategically in the kinds of infrastructure projects that both will create new jobs quickly and will more than pay for themselves in energy savings over the longer term.”
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