The Education Jobs and Medicaid Assistance Act - which was recently passed by the U.S. Congress - will provide about $1.2 billion to the State of California and help to create or preserve more than 16,500 teaching jobs.
"These job-saving and job-generating measures are exactly what we need to ensure we stay back on track to economic recovery," Mayor Antonio Villaraigosa said. "This legislation amounts to a $1.2 billion investment in California's future, and is projected to save or create over 16,000 jobs, particularly teacher jobs.
"With children all over Los Angeles heading back to school in the next month, this bill comes not a moment too soon," he continued. I applaud Congress, and particularly the members of the California delegation, for passing this bill, and thank Speaker (Nancy) Pelosi and President (Barack) Obama for their continued leadership."
This is great news for the Los Angeles area's education industry, which has continued to lose jobs on a monthly and yearly basis as of late.
During June, the Los Angeles-Long Beach-Glendale area's education and health services industry employed 508,500 workers, according to the U.S. Bureau of Labor Statistics. This is down from 522,900 workers during May and a .2 percent decrease from last year.
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