A Colorado company said it created 4,231 jobs with the help of President Barack Obama’s economic recovery plan. The real number: fewer than 1,000.
In the Tampa Bay area, the St. Petersburg Times found state officials inflated the number of jobs supported by a $157 million project to improve U.S. 19 over four years. The stimulus gives $44 million toward the work. After touting 5,800 jobs would benefit, state officials reduced it to 4,400 in September.
But even that estimate uses a federal formula that allows the same job to be counted multiple times for each year at work. Economists said the actual benefit could be 1,100 jobs.
http://www.tampabay.com/incoming/stimulus-review-finds-jobs-are-overstated-by-the-thousands/1047790
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