ANNAPOLIS, MD (May 12, 2010) – Governor Martin O’Malley announced today that the American Recovery and Reinvestment Act created or saved 13,821 jobs in Maryland during the third quarter of federal reporting. This total includes direct, indirect, and induced jobs resulting from the Recovery Act, which President Obama signed just 28 days into his Presidency.
“Thanks to President Obama’s leadership, and our ability as a State to implement these funds as quickly and efficiently as possible, last quarter more than 13,800 Marylanders, who would otherwise be facing unemployment, went to work instead,” said Governor O’Malley. “As we continue to invest Recovery Act funds, putting Marylanders back to work, these investments will stimulate economic growth, creating and saving more jobs and generating more revenue for small businesses throughout our State.”
Today’s jobs announcement encompasses what are termed direct, indirect and induced jobs. Direct jobs are those supported by Recovery Act dollars, such as the construction worker on a highway project funded through the Act. Indirect jobs are those that support Recovery Act activities, such as an employee at an asphalt company that supplies the highway project. Induced jobs are created by increased consumer activity, such as the construction worker purchasing a car, or going to a restaurant, resulting in those companies increasing employment due to sustained or increased business.
For a complete breakdown of direct, indirect, and induced jobs created or saved in the third quarter, please visit Maryland’s Recovery website. <http://statestat.maryland.gov/recoveryjobs.asp>
As of March 31, 2010, Maryland has expended $612,651,363 of the $2.19 billion awarded thus far in what is known as “Section 1512” Recovery Act funding. In addition to 1512 funding, Maryland received $196 million in federal Medicaid matching funds and $39 million in Family Safety Net programs, such as increases in TANF, adoption, child support, and food stamp assistance.
For the second straight year, Maryland received the top ranking in the nation for the innovative use of online tracking tools that allow the people of Maryland to monitor and track every dollar spent from the Recovery Act in Maryland communities. And this year, Maryland also received top honors for implementation of clean water infrastructure funding from the Recovery Act, which has allowed for vital improvements to wastewater treatment plants and drinking water systems throughout the State.