Last month, the Center for American Progress released a report by University of Massachusetts Political Economy Research Institute economists entitled, “Green Recovery.” The report demonstrated that by making a rapid $100 billion green economic investment, the United States can create 2 million jobs in two years.
The map below shows allocations to 34 states from the green recovery program (based on the state’s population density and contribution to gross domestic product), the net job creation for these states through the program, and how much this net job creation would reduce the state’s unemployment rate (based on September 2008 unemployment figures).*
* These state allocations are based on $100 billion in federal funds and an additional $20 billion in private capital leveraged through loan guarantees. The job creation numbers for each state also reflect these figures. Note that totals for allocations will not add up to $120 billion since only 34 states are shown, and total jobs will not equal 2 million for the same reason. All states would be included in the program.
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