Within one year after President Obama signed the Recovery Act, almost a billion dollars has been invested in the San Diego region. A large chunk of the money has gone to the Camp Pendleton, Coronado and UCSD. However, even if you are not on base or campus, it is highly likely that you have been touched by the Recovery Act. Major public works construction projects have benefited from this spending, including the four-lane expansion of SR-76, construction of I-905, and the HOV lanes on I-805. Future funding has already been allocated to the construction of Otay Mesa crossing, the Oceanside transit station, and the high-speed rail to Los Angeles/Sacramento. And the Recovery Act funding is going to flow into our homes, in the form of solar panels and weatherization.
Tag: Employment
Unemployment fluctuates with old and new seekers
According to the California Employment Development Department, the San Diego region reached a historic double-digit inflation rate in June. Although civilian employment, which reflects the jobs in the economy, hardly changed between May and June, the number of unemployed increased 5.1 percent to 158,000.
