Friday, September 16, 2011

How will Obama's American Jobs Act impact New York's Youth?

The American Jobs Act that President Obama introduced to Congress on September 8th incorporates a number of provisions that would directly impact New York's youth (PDF).  These include:
  • A $25 billion investment in school infrastructure that will presumably create better learning environments and enhanced student performance in future years. New York will receive $2,020,000,000 in funding to support as many as 26,300 jobs.
  • $5 billion of investments for facilities modernization needs at community colleges, where much of the training for growing occupations takes place. New York could receive $235,300,000 in funding in the next fiscal year for its community colleges.
  • A new Pathways Back to Work Fund to provide hundreds of thousands of low-income youth and adults with opportunities to work and to achieve needed training in growth industries. Pathways Back to Work could place 7,900 adults and 31,600 youths in jobs in New York.

It remains to be seen, of course, how much of Obama's proposal will actually be enacted into law.   (Republicans reception so far has been chilly, and even some Democrats are worrying about the political impact of a large stimulus bill.)

For more information on the impact of the plan, see the official White House page and this Freakonomics quick take.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.