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Tuesday, October 20, 2009

Stimulus saved 6,000 education jobs in L.A., report says More than 250,000 full- and part-time jobs escaped budget cuts nationwide. A more complete accounting will be posted online next week.

Finally the Stimulus package shows some +tive impact, i told u guys before…Mr Obama had the right vision for this…and BTW its just the beginning…Obama Rockss...

Some 250,000 education jobs have been saved or created by the economic stimulus package, according to a White House report released Monday.

The news previews what will be a more comprehensive accounting to be posted by the Recovery Accountability and Transparency Board on its website next week.

"There is a lot more work to be done, but we applaud those districts that have successfully used stimulus funding to stave off catastrophic layoffs and invest in critical reforms," Secretary of Education Arne Duncan said in a statement. Of the $97.4 billion in education funding included in the stimulus bill, $67.6 billion has been spent.

According to the report, more than 6,000 education jobs in Los Angeles were saved by stimulus funds. New York City was able to retain 4,000 positions, while 7% of the teaching corps in Scottsbluff, Neb. -- 18 people -- kept their jobs.

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