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Florida stimulus chief says it’s too soon to tell if state will get the 207,000 jobs Obama touted

by George Bennett | October 27th, 2009

When President Obama last visited Florida in February, the White House said passage of a $787 billion stimulus bill would create 207,000 jobs in the state over the next two years.

Today, with Obama back in the state to tout “smart grid” energy grants and their job-creating benefits, Florida’s workforce is about 169,600 employees smaller than it was in February.

Florida’s workforce was 7,503,400 jobs in February and slipped to 7,333,800 in September, according to the state’s Agency for Workforce Innovation.

The employment picture would be worse without the federal money, said Don Winstead, Florida’s top stimulus adviser. And Winstead says it’s too soon to judge the effectiveness of the stimulus.

Florida officials say the first $4 billion in stimulus spending in the state has provided work for 33,546 people and, when economic multipliers are factored in, indirectly accounted for about 64,000 jobs.

Winstead says that while overall employment in the state is down, the employment picture would be about 64,000 jobs worse without the stimulus.

“The job loss would have been that much worse” without the federal money, Winstead said.

Winstead said the White House’s original 207,000-jobs estimate for Florida appeared to be a “reasonable estimate” when state economists looked at the figures earlier this year. Winstead said the effectiveness of the stimulus spending shouldn’t be judged until 2011, when most of the spending is expected to end.

“We won’t know until we get to the end of the period,” Winstead said.


5 Responses to “Florida stimulus chief says it’s too soon to tell if state will get the 207,000 jobs Obama touted”

  1. Wow Says:

    Wow! This is the first time that I’ve seen the Post actually print something about good stuff FPL has done for the state. I am a former journalist, with no ties to the company, and I’m routinely amazed by how unbalanced the reporting often is. Yeah, sure, going after a company may be fun and good for headlines, but when it’s so transparent that a reader takes notice, that’s not good.

  2. Mr. Bojangles Says:

    Companies will take the money, but sadly the layoffs will continue.

    With less consumers they can just pad their own wallets and keep production low.

    What should be required is once a job is created at a fair wage and guaranteed then the company gets a bit of cash.

    rinse and repeat.

  3. Wow Says:

    My comment regarding the Post finally putting some balance into their stories about FPL was meant for one of the smart grid stories, not the stimulus story above (which didn’t reference the company).

  4. Watch Dog Says:

    Does this mean the government can tell FPL who to runs it’s business and how much the company officals get for pay?

  5. amazed Says:

    64,000 jobs out of 7,333,800 and they cost 4 billion dollars. The 64,000 jobs is conjecture too because the actual number of jobs is 33,546, the rest is estimated ripple impact.
    Less than .5% difference in the number of jobs. Almost $120000 per job to create 33,546 new jobs. Still waiting on the additional 173,000 jobs.
    God knows what they will cost but I am willing to bet that the new workers in the 33,456 jobs are not getting close to the 120,000 it cost us to create them.
    All this said, the point man for BHO in FLA thinks things are going well.
    The public doesn’t think they have been screwed yet and they are still working on that “hope” thing.
    What a bunch of dumb****s.

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