Jobs math doesn’t add up

The number of Oregon jobs created by the stimulus may be too broadly defined.

Share this article!

3,236 jobs have been created in the first three months of the stimulus program, supplemented by $176 million from Oregon legislators. But those numbers also include jobs that only lasted an average of one work week.

…After that, those workers were effectively back unemployed, according to an Associated Press analysis of state spending and hiring data. By the state’s accounting, a job is a job, whether it lasts three hours, three days, three months, or a lifetime…

With the economy in tatters and unemployment rising, Oregon’s inventive math underscores the urgency for politicians across the country to show that spending programs designed to stimulate the economy are working — even if that means stretching the facts.

Read the full story from The Associated Press.

Latest from Oregon Business Team