Federal Agency's Claims of Jobs Saved by Stimulus Were 'Unclear and Misleading,' Says Inspector General | CNSnews.com: "(CNSNews.com) - The Small Business Administration, which received $730 million under the American Recovery and Reinvestment Act to increase the availability of credit to small businesses, is making claims about the number of 'jobs saved' that are “unclear” and “misleading” and which cannot be verified, according to a report issued by the agency’s inspector general.
“The lack of a definition for ‘jobs retained’ and the discrepancy in the forms used to collect job statistics from 7(a) borrowers and lenders has resulted in a performance metric with questionable clarity and transparency,” the inspector general said."
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