Wednesday, September 22, 2010

Mayor Announces City Incentives For Local JobsNow! Program


Mayor Newsom Announces City Incentives For Local JobsNow! Program City to offer local version of Jobs NOW! to incentivize private
sector employment, boost local economy if Congress fails to extend
successful federal stimulus-funded program set to expire September 30th.


Mayor Gavin Newsom and San Francisco Human
Services Agency (HSA) Director Trent Rhorer today announced new local
incentives and private sector wage subsidies to continue a modified
version of the highly successful Jobs NOW! program – which has put more
than 4,100 San Francisco parents back to work – if Congress fails to
extend stimulus funding for subsidized employment programs by September
30th. If Congress allows funding for Jobs NOW! and similar programs
around the country to expire, nearly a quarter million low-income
Americans will be at risk of unemployment come October 1st.


“Economists may tell us the recession is technically over, but a
jobless economic recovery is no recovery at all to parents out-of-work,”
said Mayor Newsom. “Jobs NOW! has subsidized thousands of private
sector jobs so we can offer people the dignity of a paycheck and a job
instead of unemployment. We still call on Congress to extend this highly
successful federal stimulus program, but if Washington won’t act, San
Francisco will step up to offer new local incentives for private sector
employers to keep people working and our economy growing.” Read more.



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