New York City – With Congress poised to pass the final economic stimulus package today, Representative Anthony Weiner (D – Brooklyn and Queens), a Democratic Regional Whip, released new analysis showing that the $800 billion plan creates or saves nearly 120,000 jobs in New York City.Highlights of the Analysis – NYC Jobs Created or Saved by the Stimulus Package
- Nationwide: 3.5 million jobs
- New York State: 215,000 jobs
- New York City (total): 119,992 jobs
- Flushing / Corona / Bayside: 7,400
- Jamaica / Richmond Hill / Rosedale: 7,800
- Jackson Heights / Throgs Neck / Pelham Parkway: 7,900
- Upper West Side / Financial District / Borough Park: 8,500
- Forest Hills / Sheepshead Bay / Rockaway/ Howard Beach/Ozone Park/Woodhaven : 7,800 jobs
- Bed - Stuy / East New York / Canarsie: 7,800
- Flatbush / Crown Heights / Park Slope: 7,600
- Lower East Side / Ridgewood / Bushwick: 7,800
- Staten Island / Bay Ridge: 8,400
- Upper East Side / Astoria / Gramercy: 8,300
- Harlem / Upper Manhattan: 7,900
- Hunts Point / Tremont / Fordham: 8,100
- Riverdale / Williamsbridge / Kingsbridge: 7,500
In addition to saving jobs across the city, the stimulus also provides $1 billion hiring approximately 5,750 officers nationwide, including an estimated 440 cops for New York City (based on historical funding trends).
Rep. Weiner said, “When the national economy catches a cold, New York City catches the flu. This bill includes a major job creating boost at a time when New York City needs desperately needs it.”
To determine the stimulus’ impact on job creation in New York City, Rep. Weiner’s staff compiled work from Christina Romer, Chair of the Council of Economic Advisers, and Jared Bernstein, Chief Economist for the Vice President, as well as used historical analysis to determine funding levels.
