Six figure jobs
by Amy Oliver | 7:00 am, September 28, 2009 | Comments Off
Joe Biden said the Obama stimulus is all about a three letter word: J-O-B-S.
Colorado’s share of the stimulus money, $819,313,005 spent thus far, has created 5232 jobs according to Governor Ritter’s report The American Recovery and Reinvestment Act: What it means for Colorado. A closer look reveals that 2862 were temporary summer youth jobs. Another 632 are part-time, mostly for AmeriCorps. Some 30 plus of the full-time jobs are with the census and food stamp administration. The balance, 1685, are with CDOT.
Do the math, the cost for a full-time government stimulus job in Colorado: $471,411.40.
And it’s going to get more expensive. The Governor’s report claims another $544,565,460 in federal stimulus dollars will be coming into Colorado over the next three months. That should lead to another 623 jobs. Cost per job: $874,101.86.
COST wonders if that includes benefits — health insurance, retirement?
Tags: American Recovery and Reinvestment Act of 2009 > AmeriCorps > Colorado Spending Transparency > Colorado stimulus > Governor Bill Ritter > Joe Biden > stimulus > Syndicated
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