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| December 3, 2010
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Recovery Act Continues to Support More Than 50,000 Transportation Jobs |
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Despite the end of the summer construction season, highway, bridge, and transit projects funded by the American Recovery and Reinvestment Act employed 50,939 Americans during October 2010, according to data released Thursday by the House Transportation and Infrastructure Committee.
Recovery-funded highway and bridge projects supported 44,922 jobs in October, while 6,017 jobs were supported by recovery-funded transit projects. The total of 50,939 jobs for October is up 6.2% from six months ago prior to the start of the summer construction season, when jobs supported by recovery-funded surface transportation improvements peaked at 74,760 during July. The committee reported Thursday that highway, transit, and wastewater formula projects totaling almost $36 billion funded by the recovery act are out to bid, under contract, being constructed, or completed. The figure accounts for 94% of the $38 billion available under the act for these formula programs. "The recovery act has indeed worked," House T&I Committee Chairman James Oberstar, D-Minnesota, said in a statement. "We've invested in America and in our people. I hope the next Congress builds on this success and makes a serious commitment to rebuild our national infrastructure and put people to work." Direct job creation from these projects has resulted in payroll expenditures of $4.5 billion, according to the committee, which calculates that $764 million in unemployment checks have been avoided as a result of this job creation. Furthermore, these jobs have generated nearly $919 million in federal taxes paid by workers and their employers. There are now 44 states that have begun work on at least 90% of their recovery act highway projects, the report indicates. More information is available at bit.ly/HTIC852. Questions regarding this article may be directed to editor@aashtojournal.org. |