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Home > All Blogs > Israel > Doc's Talk > Told you so... Many California jobs 'saved' by stimulus funds weren't in jeopardy
 
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Told you so... Many California jobs 'saved' by stimulus funds weren't in jeopardy
2009-11-07 1:03am PT   |   Total Score: 20 points   |   Average Rating: 5 out of 5   |   Post History   |   Visit Doc's Talk

 

Excerpt From Blog Post:

Phillip Reese
preese@sacbee.com
Last Modified: Friday, Nov. 6, 2009

Up to one-fourth of the 110,000 jobs reported as saved by federal stimulus money in California probably never were in danger, a Bee review has found. California State University officials reported late last week that they saved more jobs with stimulus money than the number of jobs saved in Texas – and in 44 other states.

In a required state report to the federal government, the university system said the $268.5 million it received in stimulus funding through October allowed it to retain 26,156 employees.

That total represents more than half of CSU's statewide work force. However, university officials confirmed Thursday that half their workers were not going to be laid off without the stimulus dollars.

"This is not really a real number of people," CSU spokeswoman Clara Potes-Fellow said. "It's like a budget number."

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