Thursday, October 22, 2009

Stimulus - 419 jobs saved or created in NM

The 2009 Recovery and Reinvestment Act has saved or created precisely 419.02 jobs in New Mexico. No more, no less. That data comes from the website set up by the Obama Administration to track the stimulus money and report its impact. Those 419.02 jobs were created from $263,559,316 dollars of stimulus funds so far received in the state, out of a total $514,911,760 grants approved so far. To see the state-by-state breakdown and results click here. The site is also reporting that $259 per capita in stimulus funds has been received in New Mexico. The cost of the 419.02 jobs so far created by the 2009 stimulus funds comes to $628,990 per job. The site does not report the average wage of the jobs created or saved. NM Watchdog

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