New Report Reveals Missed Opportunity to Create Jobs
A new analysis by CNT, Smart Growth America, and U.S. PIRG shows that in the first ten months of the American Recovery and Reinvestment Act (ARRA), investments in public transportation have created twice as many jobs per dollar as investments in highways. The new report shows that by mimicking funding levels for transportation set out in ARRA, the Jobs for Main Street Act (H.R. 2847), passed by the U.S. House of Representatives in December, missed an opportunity to create additional jobs where they are needed most.
The report, “What we learned from the Stimulus”, is available here.
The Jobs for Main Street Act provides $27.1 billion for the Surface Transportation Program (STP) versus just $8.4 billion for Public Transportation even though public transportation investments under ARRA created twice as many jobs per dollar of investment. The Senate plans to take up its version of the jobs bill early in 2010, and the report shows that if the Senate version ensures funds are invested equally in public transportation and highways, the same level of overall investment would produce 71,415 additional job-months, equivalent to year-round employment for 5,951 more workers than from the House bill.
“Public transportation is a lifeline for communities big and small across the country” said Scott Bernstein of the Center for Neighborhood Technology. “Too many people could not get to their jobs without public transit. But even as demand for service is up, systems everywhere face budget shortfalls forcing layoffs, reduced service and fare hikes. Increased local reinvestment is essential to preventing these cuts that will cripple our workforce and increase expenses for working Americans. In passing the Jobs for Main Street bill to tackle the continuing crisis, Congress can learn from the ARRA experience, putting the money where it will do the most good, and leaving no job, no family and no community-in-need behind.”
Read more in the full press release.
