b. Recipients of Recovery funds subject to Section 1512 are required to submit estimates of
jobs created and jobs retained for each project or activity in their recipient reports.
This update reflects changes the job estimate calculation such that the recipient will now report
job estimate totals by dividing the hours worked in the reporting quarter (i.e., the most recent
quarter) by the hours in a full-time schedule in that quarter. Recipients are no longer required to
sum across multiple quarters of data as part of the formula.
Jobs created or retained are defined as those funded in the quarter by the Recovery Act. Jobs
funded with non-Recovery Act funds will not be counted unless they will be reimbursed. Jobs
funded partially with Recovery Act funds will only be counted based on the proportion funded
by the Recovery Act.