09.02.2011 Policy Points

The Recovery Act At Work

Off the Charts summarizes the recent Congressional Budget Office (CBO) report estimating the impact of the Recovery Act on employment levels. As of the second quarter of 2011, the Recovery Act has increased the number of employed Americans by between 1 and 2.9 million and lowered the unemployment rate by between 0.5 and 1.6 percentage points (see graph, below).

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