mLive
A new report, Projects and Paychecks: a One-Year Report on State Transportation Successes under the American Recovery and Reinvestment Act finds that more than 280,000 jobs were created or maintained by the stimulus, and total employment from projects, which includes direct, indirect and induced jobs, reaches almost 890,000 jobs.
The study, released by the American Association of State Highway and Transportation Officials (AASHTO) finds that one year after the passage of the stimulus bill, state departments of transportaion have put 77 percent of the $34.3 billion provided for highways and transit out to bid on 12,250 transportation projects. Several Michigan projects were profiled in the report.
Construction trade unemployment in Michigan last year probably topped 40 percent, according to Kirk Steudle, the state’s transportation director.
“ARRA funding brought much-needed transportation investment to Michigan, and these projects kept Michigan's construction industry operating at a time when virtually no private investment was occurring in the state," Steudle said. "ARRA funding allowed Michigan's construction industry to stay viable until there is a recovery in the private sector, which will make it easier for them to mobilize as the economy improves."
Michigan has 501 projects under contract and 253 projects completed as a result of the American Investment and Recovery Act. A detailed listing of all Michigan projects funded by the stimulus is available on the M-DOT website.
"Projects and Paychecks proves just how big a role stimulus is playing to keep Americans working," said John Horsley, AASHTO executive director. "This study proves transportation projects can deliver hundreds of thousands of jobs for America."
The study, released by the American Association of State Highway and Transportation Officials (AASHTO) finds that one year after the passage of the stimulus bill, state departments of transportaion have put 77 percent of the $34.3 billion provided for highways and transit out to bid on 12,250 transportation projects. Several Michigan projects were profiled in the report.
Construction trade unemployment in Michigan last year probably topped 40 percent, according to Kirk Steudle, the state’s transportation director.
“ARRA funding brought much-needed transportation investment to Michigan, and these projects kept Michigan's construction industry operating at a time when virtually no private investment was occurring in the state," Steudle said. "ARRA funding allowed Michigan's construction industry to stay viable until there is a recovery in the private sector, which will make it easier for them to mobilize as the economy improves."
Michigan has 501 projects under contract and 253 projects completed as a result of the American Investment and Recovery Act. A detailed listing of all Michigan projects funded by the stimulus is available on the M-DOT website.
"Projects and Paychecks proves just how big a role stimulus is playing to keep Americans working," said John Horsley, AASHTO executive director. "This study proves transportation projects can deliver hundreds of thousands of jobs for America."
No comments:
Post a Comment