Recovery in Chicago: ARRA Reports and Job Creation Update

"The historic economic stimulus legislation that President Obama has signed into law provides every city in the nation with many opportunities to create jobs, protect people and their quality of life during these tough economic times. In Chicago, we're moving to take full advantage of the diverse opportunities the program offers. It builds on the many steps we're taking here to do our part to kick start our economy and help people get through the worst economy in modern times."

- Mayor Richard M. Daley

Reports

Click on the links below to view reports on Recovery in Chicago.

Resources

Job Creation Update

Jobs Created by Type

Chart showing jobs created or retained in Chicago, currently at 9,137 jobs

Summer Youth Jobs - 7,300

Community service jobs to ex-offenders and hard to employ - 650

IDEA Special Education - 600 retained

Title I Education - 150 retained

Community Service Block Grant programs - 145

Head Start programs - 130

Homeless prevention programs - 100

Public Safety - 62

*Note some of these Jobs are seasonal or program related positions and may not continue beyond the end of the program.

Job Calculation Explanation:

The American Recovery & Reinvestment Act ("ARRA") requires quarterly reports of jobs created with funds from the Act beginning in October 2009.

The total job count includes newly created jobs as well as existing jobs that were allowed to continue because of stimulus funding.

The total job count does not include indirect job estimates. Indirect job estimates are defined as positions such as clerks or administrative staff that provide support to stimulus-funded projects but are not directly supported by stimulus funds. Indirect job estimates will be reported to Congress by the Council of Economic Advisers (CEA) and the OMB.

When reporting to the federal government, the job count will be reported in full-time equivalent jobs (FTEs). FTEs are defined as the total hours worked in jobs supported by stimulus funding divided by the number of hours in a full-time work schedule (40 hours).

FTE Example

One full time worker (40 hours per week) and one part-time worker (20 hours per week):

Step 1: The total number of hours worked in jobs supported by stimulus funding in the first quarter (3 months) would be 780 hours (13 weeks x 60 hours per week = 780 hours)
Step 2: The number of hours in a full-time schedule (40 hours) for the first three month period would be 520 hours (13 weeks x 40 hours/week = 520 hours)
Step 3: The FTEs for one full-time worker and one part-time worker would be 780 / 520 = 1.5.FTE reported for the quarter.