Job creation

November 17, 2009 -- LANSING - Michigan Governor Jennifer M. Granholm today announced that the Michigan Economic Development Corporation (MEDC) is helping 10 companies grow in Michigan and is backing two brownfield redevelopment projects. Combined, the 12 projects are expected to create 2,245 new jobs (883 direct and 1,368 indirect), retain 11,254 jobs, and generate over $791 million in new investment in the state.    » read more »

Says Recovery Act Will Create Local Jobs

November 16, 2009 -- Washington, DC – Rep. Raúl M. Grijalva today applauded the Department of Energy’s newly announced award of more than $5 million in federal Energy Efficiency and Conservation Block Grants to the City of Tucson. The grant, one of thousands given to communities around the country, is funded by the American Recovery and Reinvestment Act of 2009.    » read more »

11/16/09 -- WASHINGTON D.C. -- Congressman Chaka Fattah (D-PA), chairman of the bipartisan Congressional Urban Caucus, urged colleagues to support federal and private initiatives that provide venture capital in urban markets and minority communities.

“The greatest untapped market for American business can be found right here at home in the economic shadows,” Fattah said today at an Urban Caucus briefing for House members and staff.

“If the urban markets catering to African Americans and Hispanics were a separate country, those markets would represent the world’s ninth largest economy – and it’s an underserved market that can be developed to jumpstart our broader national economy.”    » read more »

Sends Letter to the President Urging Action

November 16, 2009 -- Representative Mike Capuano today called on President Barack Obama to use the remaining funds from the Troubled Asset Relief Program (TARP) to create jobs.

In a letter to the President, Rep. Capuano noted that the unemployment rate is at a "26 year high" and asked the President to "direct the remaining TARP funds towards projects that put more Americans back to work." With $210 billion in TARP funds currently unspent, and another $50 billion expected to be repaid in the next year, Rep. Capuano urged that these funds should be used for job creation.

"TARP was established to address the financial crisis," state Rep. Capuano in his letter. "I do not believe we can reasonably say that the job of TARP is complete."    » read more »

Washington, DC--Today, the Service Employees International Union (SEIU) released the following statement of Secretary-Treasurer Anna Burger on President Obama's call for a jobs forum in December:

Said Burger, "We are now 22 months into the worst economic crisis since the Great Depression. In those 22 months we have lost 8.1 million jobs, and 17.5 percent of the workforce - 27.4 million workers - are unemployed, underemployed, or have given up looking for work. The scale of our problems is simply staggering.

"We need swift, bold action to create millions of jobs. In order to build long-term sustainable economic growth, we need a comprehensive approach that deals with our immediate jobs crisis and makes strategic investments to create the jobs that Americans will need in the future.    » read more »

October 30, 2009 -- Washington, DC - Today, the Recovery Accountability and Transparency Board released the first data on job creation by the "projects and activities" portion of the American Recovery and Reinvestment Act of 2009 (HR 1), also known as the stimulus bill. The new data, made public at www.Recovery.gov as required by Sec. 1512 of HR 1, reported 19,572 jobs directly created in Texasso far, including 398 in Texas's 20th Congressional District. Congressman Charlie Gonzalez (TX‑20) reacted to the news.    » read more »

Small business legislation will open credit markets, support job creation

30 October 2009 -- Washington -- Original legislation from Congresswoman Kathy Dahlkemper (PA-3) to make cost-saving information technology affordable for small group and individual health care practitioners passed the House of Representatives this week. Dahlkemper’s bill, the Small Business Health Information Technology Financing Act, was incorporated into the House Committee on Small Business’ legislation, the Small Business Financing and Investment Act of 2009.    » read more »

At Higgins’ Invitation, WNY Business Leader Testifies At Hearing on the Success of Federal Economic Development Tax Incentives to Create Jobs

October 7, 2009 -- Congressman Brian Higgins (NY-27) and Buffalo-based Larkin Development Company Partner Howard Zemsky provided testimony at a House of Representatives subcommittee hearing focused on revitalizing distressed communities through the utilization of job creating tax incentive programs.    » read more »

Polymer Manufacturer to Locate New Facility near Plaquemine, Creating over 500 Jobs

PLAQUEMINE – Today, Louisiana Governor Bobby Jindal joined SNF Holding Co. (SNF) officials to announce that the company will construct a new water-soluble polymers manufacturing facility in Iberville Parish. Once fully operational, the plant will employ over 500 permanent, full-time employees with an average salary of $57,400 and involve capital investment of at least $362 million.

Governor Jindal said, “I want to commend SNF for making such a significant investment in Iberville Parish and in the people of this community. Today’s announcement, along with a number of other recent announcements, has helped Louisiana’s economy outperform the national and Southern economies.    » read more »

Washington, DC - 06/10/2009 - The number of jobs in America’s emerging clean energy economy grew nearly two and a half times faster than overall jobs between 1998 and 2007, according to a report (PDF) released today by The Pew Charitable Trusts. Pew developed a clear, data-driven definition of the clean energy economy and conducted the first-ever hard count across all 50 states of the actual jobs, companies and venture capital investments that supply the growing market demand for environmentally friendly products and services.    » read more »

May 22, 2009 -- WASHINGTON – As part of the Obama Administration's effort to create jobs and ease pressures on the housing market, the U.S. Department of the Treasury today announced more than $330 million in American Recovery and Reinvestment Act (Recovery Act) funding to spur the development of affordable housing units in Kansas, Michigan, Ohio, Wisconsin, and Puerto Rico. The Department of Housing and Urban Development (HUD) also announced $83 million for housing development in Ohio. The announcements come just three months after the Recovery Act was signed into law on February 17.    » read more »

May 19, 2009 -- Washington – U.S. Senator Blanche Lincoln last week highlighted three initiatives included in her “Arkansas Plan” tax package that are designed to encourage innovation and entrepreneurship, resulting in job creation in Arkansas and lessening our nation’s dependence on foreign oil.

“As an agricultural state, Arkansas is in a position to utilize tremendous renewable energy resources and be a leader as our nation strives for greater energy independence,” Lincoln said. “Alternative energy sources, such as biomass and biofuels, offer job creation opportunities for new and expanding small businesses in our state. I will continue to push for incentives that will help build a strong alternative energy industry in Arkansas.”    » read more »

May 11, 2009 -- The Council on Economic Advisers today released "Estimates of Job Creation from the American Recovery and Reinvestment Act of 2009," a report detailing how the Administration will measure progress creating and saving jobs under the Recovery Act.

Work began on the methodology in the earliest days of the Administration and within days of the Recovery Act being signed into law, Chairman Romer met with top economists from numerous agencies to develop a simple, conservative and accurate model for measuring progress. The model pairs a macro approach based on projected and actual spending with direct reporting by recipients to improve the level of accuracy.

To view the report, click here.    » read more »

Funds for Job Creation, Construction and Infrastructure Improvements, and WorkforceDevelopment Projects to Empower Tribal Communities Nationwide

May 04, 2009 -- WASHINGTON, D.C. – Interior Deputy Assistant Secretary for Policy and Economic Development – Indian Affairs George T. Skibine today announced funding totals for the 12 Indian Affairs regions for projects targeting federally recognized tribes under the American Recovery and Reinvestment Act of 2009. Overall, the Interior Department will invest $500 million of the $3 billion it has received through President Obama’s economic recovery plan in tribal communities across the nation.    » read more »

May 4, 2009 -- Colorado Governor Bill Ritter today signed into law landmark legislation that will help companies create new jobs, allow Colorado to compete against other states for new businesses, and strengthen community college job-training programs to better meet the workforce needs of emerging industries of the future.

"The two bills I signed today mark a key step toward our long-term vision of creating a modern, knowledge-based economic ecosystem in Colorado," Gov. Ritter said during an outdoor signing ceremony on the 16th Street Mall in downtown Denver. "This ecosystem depends on controlling healthcare costs, reforming education and building a 21st-century transportation system.    » read more »