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White House: Stimulus Spending Saved 250,000 Teaching Jobs

WASHINGTON -- The Obama administration says spending aimed at boosting the economy has created or saved 250,000 teaching or other education jobs this year.

A White House report released Monday concludes that money from a $787 billion stimulus package has helped states fill budget gaps that would have cost teachers their jobs in school districts and public universities across the country.

The 250,000 figure is significantly higher than the 30,000 jobs the administration said last week were created or saved by businesses that won federal contracts under the stimulus law. It also represents an early preview of jobs numbers being announced in two weeks associated with education spending and federal grants awarded under the stimulus effort.