Word: jobses
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Why isn't the $787 billion stimulus bill helping unemployment? It was never designed to be a jobs program. Instead it is an ambitious policy prescription to restart - and redirect - the economy in new directions over the next three years. Stimulus spending is not a fast-infusion jobs program, nor...
Desperate times in one especially hard-hit Tennessee county stirred Governor Phil Bredesen to get creative. As first reported in the New York Times, the result is a "novel use of stimulus money." In remote, tiny Perry County, where the unemployment rate had soared to 27% with the closure of...
See 10 perfect jobs for the recession - and after.
"We consider it an unqualified success," Bredesen tells TIME, speaking about the 338 jobs created by the pilot program. "I wanted to do more than show concern. These are people with real obligations and, while I support clean energy [the thrust of much of the stimulus], people have to make...
The WPA - the largest New Deal program, employing 8.5 million people and spending $11 billion on public projects nationwide - was a real jobs program. More than 80% of its budget was dedicated to labor. In a speech at LSU in 1936, the WPA's legendary head, Harry Hopkins, gave a...