Recovery.gov posted information today showing that 30,383 jobs have been created or saved by the federal contracts that have been awarded through the American Recovery and Reinvestment Act. So far, $16 billion has been disbursed by 9,100 contracts. The federal government is spending more than $525,000 spent on every job they saved or created.
The release covers just a sliver of stimulus spending: Most recovery money is in the form of grants and loans to the states; data from that spending–including recipient and jobs data–will be available at the end of October. So far, federal contracts make only about two percent of the $787 billion going out as part of the recovery process. According to the data, most jobs (4,695) have been created or saved in Colorado which received more then $48 million in stimulus finds.
As with the agency reports that Recovery.gov put online a few weeks ago, this time too, the Web site offers a user-friendly map that can be searched by zip code or by state, and allows users to download the data from their searches. For a quick overview of how each state is faring or to look at the breakdown by agency, click on the “Text view of Map Data” tab to get a spreadsheet.