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Stimulus News and Headlines

Stimulus News and Headlines

For continuing coverage and news updates on the economic stimulus plan and its effect on jobs, please visit Monster's National Stimulus Guide. Additional updates will not be made on this page.

Nearly $4 Billion in Recovery Funds Now Available for California to Save Jobs and Drive Reform │ Friday, April 17, 2009

US Secretary of Education Arne Duncan today announced that nearly $4 billion is now available for California under the American Recovery and Reinvestment Act (ARRA) of 2009. This funding will lay the foundation for a generation of education reform and help save hundreds of thousands of teaching jobs at risk of state and local budget cuts. California will be eligible to apply for another $2 billion this fall. Today's funding is being made available per California's successful completion of Part 1 of the State Stabilization Application, which was made available April 1. California is the first state to be approved for the first round of state stabilization funding. Read more

US Department of Labor Announces $271,000 Grant to Assist Ohio Workers Affected by Natural Resource Industry Layoffs │ Thursday, April 16, 2009

Washington, DC -- The US Department of Labor today announced a $271,075 grant to assist approximately 75 workers affected by the closure of GE Lighting located in Willoughby, Ohio.

"This grant will allow affected Ohio workers to gain access to the services they need to help prepare them for new jobs in high-demand industries in the region, such as healthcare," said Secretary of Labor Hilda L. Solis. "These workers have expressed an interest in long-term training, among other employment-related services." Read more

Vice President Biden Outlines Funding for Smart Grid Initiatives │ Thursday, April 16, 2009

Washington, DC -- Vice President Joe Biden, on a visit to Jefferson City, Missouri, today with Commerce Secretary Gary Locke, detailed plans by the Department of Energy to develop a smart, strong and secure electrical grid, which will create new jobs and help deliver reliable power more effectively with less impact on the environment to customers across the nation. As part of the American Recovery and Reinvestment Act, the Vice President outlined plans to distribute more than $3.3 billion in smart grid technology development grants and an additional $615 million for smart grid storage, monitoring and technology viability. Read more

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