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Tuesday, September 21, 2010

 

Jobs in Denver Benefit from Stimulus

The federal stimulus is being credited with creating thousands of jobs in Denver.

A new report from the White House focuses on seven projects throughout Colorado that are creating and saving thousands of jobs thanks to funding from the American Recovery and Reinvestment Act.

"The Recovery Act is helping Colorado's economy by investing in ambitious projects like the redevelopment of Denver Union Station and the expansion of Abound Solar in Longmont," Gov. Bill Ritter said. "These projects are creating and retaining thousands of jobs, shifting the economy in the right direction and providing long-term benefits to the people of Colorado."

Colorado is expected to receive a total of at least $7.3 billion from the federal stimulus. A recent report from the Council of Economic Advisers estimates that the ARRA has created, saved, and indirectly produced 50,000 jobs throughout the state.

The seven projects highlighted in the White House report include:

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