DPW has received $70.65 million and created or retained 45.46 jobs, though they are expected to create 238 jobs overall (the fraction of a job created or retained correlates to the number of actual hours works). LADOT has been awarded $40.8 million and created or retained 9 jobs, though they are expected to create 26 jobs overall. Overall, the Departments have received $111 million in federal stimulus funds out of the $594 million the City has been awarded so far and created or retained 54.46 jobs.At that price, one wonders what these jobs involve. NFL quarterbacking? Jobs programs don't work. They'd be better off just cutting a direct check to people.
I'm disappointed that we've only created or retained 55 jobs after receiving $111 million in ARRA funds.
Posted by Vox Day.
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