The graph above shows the employment power of infrastructure. As per estimates by PERI, with every $1 billion in infrastructure spending, water management, school buildings, and transportation all generate more than 19,000 jobs each. Energy (XLE) infrastructure investments would lead to 16,700 new jobs.
Investment in infrastructure leads to more jobs than tax cuts do. According to PERI, for every $1 billion in tax cuts, only 15,000 jobs would be created if the tax break were entirely used for consumer spending (XLY).