White House: 105,000 jobs -- but how many are new?

The White House has released state-by-state estimates of how many jobs will be affected by the stimulus package the president has signed into law. It mentions 105,000 jobs for North Carolina and 50,000 for South Carolina.

But it does NOT project which of those would be new and which would be existing jobs preserved -- an important distinction that will matter enormously to those who are out of work.

The news release put it this way: "The American Recovery and Reinvestment Act is a nationwide effort to create jobs, jumpstart growth and transform our economy to compete in the 21st century. The compromise package of $789 billion will create or save 3.5 million jobs over the next two years. Jobs created will be in a range of industries from clean energy to health care, with over 90% in the private sector."