With numerous good reports on the economic front over the last few weeks, many are starting to suggest that the recession is over. Jobs though continue to be a problem.

To answer questions about the impact of the stimulus program, the administration has announced that the stimulus is approaching 1,000,000 jobs saved or created. From the White House blog.

According to information on Recovery.gov, Tennessee has been an especially fortunate recipient of the stimulus funds.

Tennessee has received good share of recovery stimulus.

Still, Tennessee's unemployment remains over 10% through September, despite the 1156 jobs identified as created by the stimulus. Some good news is starting to be announced locally. More on that later.

UPDATE STIMULUS IMPACT FOR TENNESSEE: Posted November 1, 2009

Tennessee Stimulus Impact update

As promised the stimulus figures were updated on Recovery.gov. The new figures indicate that the stimulus has created over 640,000 jobs nationwide, and 9548 in Tennessee.

 
This post has been included in Tennessee Information Hamilton County, TN Information Chattanooga, TN Information
Post is included in group: Tennessee Realtors - Join Hands
Post is included in group: Posts to Localism
Post is included in group: Chattanooga Real Estate

2 Comments on Recovery funds and job creation

OCT
31
375,813 Points 63 Featured Posts Localism Sponsor Outside Blog

Hi Richard, Thanks for sharing that and providing the link to recovery.gov. We can all monitor our individual areas and watch our unemployment levels begin to drop like a  feather from a tree.

2:05am • #1
150,985 Points 6 Featured Posts Outside Blog

William,

Love the image - feather falling from a tree. It has to overcome a lot of resistance. That is the job picture.

The interactive map, linked in the post above, show California having the biggest stimulus receipts and job creation. Even moreso with the updated numbers.

It is interesting - and at least a step towards the well publicized goal of transparency.

Richard

5:54am • #2

Leave a response…



(optional)
What does the graphic say?
 
Richard_photo_2 Rainmaker_large

Richard Smith Mortgages Home Loans FHA TN GA AL

Chattanooga, TN

More about me…

American Acceptance Mortgage, Inc

Address: 1510 Gunbarrel Rd, Suite 400, Chattanooga, TN, 37421

Office Phone: (888) 474-9920 x 15

Cell Phone: (423) 280-0345

Email Me

Mortgages, home loans, real estate market, home purchase and refinance lending, construction, renovation, reverse, accelerator, FHA 203k, investment, first time home buyer, local events in Chattanooga, Knoxville, Cleveland, Nashville, Memphis, North Georgia, Hamilton, Bradley, Sequatchie, Catoosa, Walker, Davidson, Tennessee, Georgia, Alabama


Read my latest article in Scotsman Guide

16 17
Lead Article: Inside the Reg Z Maze


Get the Mortgage and Loan Calculators widget and many other great free widgets at Widgetbox!







Links

Archives

RSS 2.0 Feed for this blog

Find TN real estate agents and Chattanooga real estate on ActiveRain.