MichiganRadio

Getting Michigan Back To Work LANSING, MI (MPRN) -

The state is reporting that since February about 20,000 jobs have been created or retained as a result of federal stimulus money.

The numbers come from a quarterly report the state files with the federal government. Michigan has received nearly $3.7 billion dollars under the Recovery Act.

Leslie Fritz is with the state agency overseeing the stimulus money. She says Michigan's experience is similar to what has happened in other states.

"The goal was to help get states' economies to the other side of the recession, where the state's economy itself could take over and make sure that funding was adequate," says Fritz.

The state has spent about 620 million of the stimulus dollars so far -- that averages 31,000 dollars for every job created or retained. That leaves about three billion unspent. But Fritz says the vast majority of what's left will be eaten up in the coming year by budget deficits. © Copyright 2012, MPRN