As required by law, CBO prepares regular reports on its estimate of the number of jobs created by the American Recovery and Reinvestment Act of 2009 (ARRA), which was enacted in response to significant weakness in the economy. In its latest report, issued this afternoon, CBO provides estimates of ARRA’s impact on employment and economic output in the fourth quarter of calendar year 2011, as well as over the entire period since February 2009.

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