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Public Domain Picture: Krueger in NC, 7/12/10

Courtesy: US Department of the Treasury
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Krueger in NC, 7/12/10
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Krueger in NC, 7/12/10
Alan B. Krueger, Assistant Secretary for Economic Policy and Chief Economist at the Treasury Department, announced the release of a new report showing that, from February 2010 to May 2010, businesses have hired an estimated 4.5 million new workers who had been unemployed for eight weeks or longer, making those businesses eligible to receive up to a projected $8.5 billion in HIRE Act tax exemptions and credits for hiring the unemployed. 'Targeted, temporary incentives like the HIRE Act are helping to fuel a private-sector-led recovery. After a period of extraordinary difficulty, the economy is continuing to grow and private sector companies have added jobs for six straight months.' [Photo credit: Office of Rep. Bob Etheridge]
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US Department of the Treasury

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External Site: US Department of the Treasury
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