American Jobs Act Details

Last night, President Obama outlined his plan to put Americans back to work–the American Jobs Act.

The act includes small business tax cuts, payroll tax cuts, tax credits for hiring veterans and the long-term unemployed, a fund for infrastructure and school improvements, an extension of unemployment benefits, and a fund for summer jobs, subsidized employment, and job training and placement programs.

According to White House officials who spoke on a call with constituents today and who will post more information and state specific fact sheets about the Act at www.whitehouse.gov soon, some of the benefits the plan offers to MA include:

  • Approximately 140,000 businesses in the Commonwealth will receive payroll tax cut
  • Approximately $850,000,000 in infrastructure improvement funds will come to MA
  • Approximately 123,000 long-term unemployed residents will be able to get back to work
  • Approximately 9,200 youth and 2,500 adults will benefit from the new Pathways Back to Work fund. 

Read the American Jobs Act fact sheet

Watch the enhanced version of President Obama’s address to Congress

Advertisements

2 thoughts on “American Jobs Act Details”

  1. How about putting money back into the Employment Services Program? I worked for the Work Readiness Program that helped recipients of TAFDC find jobs and I got laid off! Our program had a 95% success rate and now I am desperate to find a job….

    1. Hi Gretchen,

      Thanks for commenting–we’ve supported funding for the ESP before and will continue to do so. We have been very disappointed to see that program suffer such dramatic cuts in recent years.

      Please stay engaged with our policy efforts through Skills2Compete and the Workforce Solutions Group (www.workforcesolutionsgrp.com)

      Best wishes to you in your job search,

      Loh-Sze Leung
      Director

      ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

      SkillWorks: Partners for a Productive Workforce
      http://www.skill-works.org
      c/o The Boston Foundation
      75 Arlington Street, 10th Floor
      Boston, MA 02116

      tel: 617-338-4377
      fax: 617-338-1606

      Endorse Skills2Compete MA http://www.skills2competema.com
      Follow SkillWorks on Facebook http://www.facebook.com/skillworks

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s