Atlanta Education Jobs Supported by Stimulus
The American Recovery and Reinvestment Act has created or retained thousands of Atlanta education jobs and nearly 10,000 education-related positions throughout the State of Georgia.
The state recently released a report detailing exactly how it has spent the federal stimulus funding it received. During Q1 of the ARRA, Georgia spent $701,567,169 and created or preserved a total of 23,879 jobs. The state has been awarded a total of $3,281,223,879.
At the beginning of the year, the White House predicted that stimulus spending would create a total of 3.6 million jobs throughout the country, with 106,000 of those jobs being created in Georgia. During September, it was estimated that so far about 1 million jobs had been created or preserved.
The majority of the stimulus money in Georgia so far has been spent on fiscal stabilization, with $100,704,647 spent on public safety stabilization, creating or maintaining 3,265 jobs. Another $491,832,743 was spent on education stabilization, resulting in a total of 9,658 jobs.
Education entities that received funding include:
- $364,504,156 was spent on local education authorities, creating or retaining 8,241 jobs
- $17,521,110 was spent on the technical college system, creating or retaining 226 jobs
- $109,807,477 was spent on the university system, creating or retaining 1,191 jobs
The effects of the funding for education - which is often considered to be recession-proof - can be seen in state and local employment numbers reported by the U.S. Department of Labor Bureau of Labor Statistics.
During August, Georgia’s education and health services industry employed 480,400 workers, which is up from 473,100 workers during July and a 3.1 percent increase from last year. During that same month, the Atlanta-Sandy Springs-Marietta area’s education and health services industry employed 266,100 workers, which is up from 262,800 workers during July and a 2 percent increase from last year.
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