Career and Job-Hunting Blog
Career and job-search news, trends, and scoops for job-seekers, compiled by the staff of Quintessential Careers.
|Career and Job-Hunting Blog Index|
|January 20, 2009|
President Obama promises a stimulus plan that will create or save as many as many as four million jobs by the end of next year.
With his inauguration, President Barack Obama will go about tackling the work of helping American workers find new jobs or keep the ones they have.
With a proposed combination of funding and tax cuts and incentives, the President’s plan would save or create at least 3.7 million jobs — but perhaps as many as 4 million — nearly 90 percent of them in the private sector, by 2010.
As outlined by his economic team, here is the breakdown of the jobs created or saved in the American Recovery and Reinvestment Plan:
Total Jobs Direct Indirect Energy 459,000 305,000 153,000 Infrastructure 377,000 236,000 142,000 Healthcare 244,000 166,000 78,000 Education 250,000 166,000 83,000 Protecting Vulnerable 549,000 140,000 409,000 State Relief 821,000 442,000 379,000 Making Work Pay Tax Cut 505,000 0 505,000 Business Tax Incentives 470,000 0 470,000 All Components 3.675,000 1,456,000 2,219,000
In the meantime, as Congress debates these issues, it’s best to continue to protect your job if you have one, while looking to a future that will slowly bring back a stronger job market for job-seekers. For those who are unemployed or underemployed, now is the time to consider survival jobs or other temporary employment until more jobs open in your career field.
|Quintessential Career and Job Resources|
- QuintZine: A Career and Job-Hunting Newsletter
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- The Career Doctor Career Advice Column
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