News
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Thursday, May 14, 2009U.S. Labor Department announces release of $137.6 million in unemployment insurance modernization incentive funds to New York
WASHINGTON — The U.S. Department of Labor today certified for release $137,580,702 in unemployment insurance (UI) modernization incentive funds to the state of New York. New York qualified for the funds available under the American Recovery and Reinvestment Act (Recovery Act) by allowing workers to use their more recent earnings to be eligible for benefits. New York's approved application will be posted at the department's Employment and Training Administration Web site.
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Wednesday, May 13, 2009Vice President Biden Submits First Quarterly Report to the President
The Vice President submitted to the President the first progress report covering the implementation of the American Reinvestment and Recovery Act of 2009 in the 90 days since the signing of the Recovery Act.
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Tuesday, May 12, 2009More than $1.8 Billion in Recovery Funds Now Available for Florida to Save Teaching Jobs and Drive Education Reform
Application for Part 1 of Florida's State Stabilization Funds Approved Today
U. S. Secretary of Education Arne Duncan today announced that more than $1.8 billion is now available for Florida under the American Recovery and Reinvestment Act (ARRA) of 2009. This funding will lay the foundation for a generation of education reform and help save hundreds of thousands of teaching jobs at risk of state and local budget cuts. Florida will be eligible to apply for another $891 million this fall. Today's funding is being made available per Florida's successful completion of Part 1 of the State Stabilization Application, which was made available on April 1.
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Monday, May 11, 2009More Than $2 Billion in Recovery Funds Now Available for New York to Save Teaching Jobs and Drive Education Reform
Application for Part 1 of New York's State Stabilization Funds Approved Today
U. S. Secretary of Education Arne Duncan today announced that more than $2 billion is now available for New York under the American Recovery and Reinvestment Act (ARRA) of 2009. This funding will lay the foundation for a generation of education reform and help save hundreds of thousands of teaching jobs at risk of state and local budget cuts.
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Monday, May 11, 2009CEA Releases New Report on Measuring Recovery Act Progress Creating, Saving Jobs
The Council on Economic Advisers today released "Estimates of Job Creation from the American Recovery and Reinvestment Act of 2009," a report detailing how the Administration will measure progress creating and saving jobs under the Recovery Act.
Work began on the methodology in the earliest days of the Administration and within days of the Recovery Act being signed into law, Chairman Romer met with top economists from numerous agencies to develop a simple, conservative and accurate model for measuring progress. The model pairs a macro approach based on projected and actual spending with direct reporting by recipients to improve the level of accuracy.
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