NH Stimulus- $985 million for 845 jobs

By Grant Bosse on April 17, 2012
Print This Post Print This Post

(CONCORD) New Hampshire has been awarded over $1.1 million in stimulus funds for every full-time job funded under the three-year old federal spending program, according to state and federal reports. The influx of federal cash also led to the creation of 56 full-time and 26 part-time positions within New Hampshire government.

According to the federal stimulus reporting website, Recovery.org, New Hampshire has been awarded more than $985.7 million under the American Recovery and Reinvestment Act (ARRA), of which $766.5 million had been received as of December 31, 2011. According to quarterly report submitted by project recipients, ARRA has funded enough hours to fill just 845 full-time jobs since the bill’s passage.

The Obama Administration predicted that the stimulus package would “create or save” 16,000 jobs in New Hampshire alone, but soon had to abandon that metric. Most of New Hampshire’s stimulus funds went to jobs that were already filled and unlikely to go away. The largest block of jobs funded in New Hampshire first quarterly report in 2009 were for education grants to local school districts that replaced state funds. New Hampshire used that federal money to help balance a growing budget deficit, but did not create or save any jobs with it.

The Obama Administration soon abandoned tracking the number of jobs “created or saved”, and instead reported the number of jobs funded by the stimulus, dividing the hours paid for with federal funds by the number of hours and weeks that ARRA had been in effect. Since many of the jobs funded under the program are no longer receiving funds or no longer exist, the number of jobs funded in New Hampshire has plummeted. The New Hampshire Office of Economic Stimulus reported that 3,522 jobs were funded in the third quarter of 2009. But over the life of the program, ARRA has paid for just 845.6 full-time jobs.

ARRA funding for the New Hampshire Office of Economic Stimulus expired last year, and Director Chris Clement has taken over the state Department of Transportation. But a report given to the Legislative Fiscal Committee last week tracks the number of temporary state positions created under the stimulus. According to the report, the state created 56 temporary full-time positions and 22 temporary part-time positions, most of which were in Fiscal Years 2009 and 2010. The report finds no new state positions created in FY2012 or so far in FY13.

Posted under Featured, News.
Tags: ,

6 Comments For This Post So Far

  1. Craig
    11:36 am on April 17th, 2012

    Sad, so very sad

  2. Bruce MacMahon
    6:27 pm on April 17th, 2012

    But, hey, at least a short stretch of Rte. 101 is now 1-1/2 inches closer to the sun. So that’s, um…uh…never mind.

Trackbacks

  1. NH Stimulus- $985 million for 845 jobs | Looney Left

    [...] NH Stimulus- $985 million for 845 jobs. This entry was posted in News by Liberal Bob. Bookmark the [...]

  2. Has The Stimulus Worked? The Debate Over Job Creation In NH Continues | StateImpact New Hampshire

    [...] As the clock winds down on the American Recovery and Reinvestment Act (aka: “The Stimulus Package”), it remains a controversial–and highly politicized–initiative.  This week, Grant Bosse of the conservative/libertarian New Hampshire Watchdog* project stoked the Granite State stimulus debate on the organization’s website. [...]

  3. Has The Stimulus Worked? If You’re Talking About Jobs In NH, Depends On How You Slice The Numbers | My Job Advice - simple job employment advice - find a job today!

    [...] As the clock winds down on the American Recovery and Reinvestment Act (aka: “The Stimulus Package”), it remains a controversial–and highly politicized–initiative.  This week, Grant Bosse of the conservative/libertarian New Hampshire Watchdog* project stoked the Granite State stimulus debate on the organization’s website. [...]

  4. April 21, 2012 | Another Slow News Day

    [...] http://newhampshire.watchdog.org/10389/nh-stimulus-985-million-for-845-jobs/print/ [...]

Powered by e1evation llc