Monday, October 4, 2010

The New Media Journal | Stimulus Jobs Slated to Phase Out Affecting Tens of Thousands

The New Media Journal | Stimulus Jobs Slated to Phase Out Affecting Tens of Thousands: "Tens of thousands of low-income workers lost their jobs Thursday as a stimulus-subsidized employment program came to an end.

About a quarter of a million people in 37 states were placed in short-term jobs thanks to a $5 billion boost to the Temporary Assistance for Needy Families program, according to the Center on Budget and Policy Priorities. States used about $1 billion to provide subsidized employment, with the remaining funds going to cash grants, food programs, housing assistance and other aid.

About half the jobs were summer employment for youth and the rest were for disadvantaged parents. Each state configured its initiative differently. Some covered all the workers' wages for a few months, while others paid for a portion of their salary.

With the program expiring, many of the adults have been told not to report to work anymore. And it won't be easy for them to find a new position at time when the unemployment rate continues to hover at 9.6%"

See original work for more on this and other stories.

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