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Related Posts Overstates Jobs “Created or Saved” by 20%

John on October 29, 2009 at 9:18 am

Here’s the AP, which looked into the data on those stimulus jobs “created or saved”:

stimulus jobsAn early progress report on President Barack Obama’s economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports.

The government’s first accounting of jobs tied to the $787 billion stimulus program claimed more than 30,000 positions paid for with recovery money. But that figure is overstated by least 5,000 jobs, according to an Associated Press review of a sample of stimulus contracts.

Later in the article, the AP notes that the official government recovery website is still claiming over 30K jobs “created or saved” right on its front page. (Note the image above was grabbed by me at 9AM on 10/29). So how long before they get around to making the correction?

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Category: Energy & Economy |

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