The federal government is announcing today revised estimates of jobs created by the federal stimulus package, as well as the amount of money spent as of Sept. 30.
We’re still waiting for many of those numbers, but the good old State of Washington has put up a few figures of its own.
About $2 billion in stimulus money went directly to Washington state agencies in the form of program grants, according to the state Office of Financial Management (OFM).
Gov. Chris Gregoire said Thursday that the state money spent so far – $565 million – has created more than 30,000 jobs.
But there’s a caveat on those job creation numbers; 24,000 of them wouldn’t have gone away anyway.
State officials used a chunk of stimulus money to pay 24,000 teachers who were already contracted to finish out the school year. That money came from a pot of stimulus funds given to the state to help offset budget cuts.
Without that funding, the money to pay the teachers would have come out of the state general fund, said Jill Satran, Gregoire’s main adviser on stimulus projects.
That would have meant cuts elsewhere, Satran said, but the job losses that would have resulted from those cuts is difficult to quantify. Few, if any, of the 24,000 teacher jobs would have been among them, Satran said.
The county-by-county breakdowns of jobs created by state stimulus spending include the teacher job numbers that don’t fit neatly into the categories of “jobs created” or “jobs retained.”