Just graduated college and can’t find a job? You’re not alone.
You’ve probably heard about all the money President Obama has dumped into the economy, but chances are you haven’t seen it first hand. So, where are all the jobs?
President Obama’s American Recovery and Reinvestment Act (aka the Stimulus Plan) is expected to save or create 3.5 million jobs over the next two years.
The plan also includes provisions to help both employed and unemployed Americans: 95 percent of workers and their families will receive the Making Work Pay tax cut of up to $1,000, and millions of unemployed workers will receive an additional $100 in unemployment benefits per month. The plan also includes funding to help unemployed workers pay for COBRA health care coverage.
While the stimulus is designed to create jobs across the economy, four strategic sectors are receiving the majority of stimulus funding targeted for job creation. This is where the jobs are!