$201 M funds to be distributed to workers affected by foreign trade.
As part of a Department of Labor Program over $201 million in funding will be given distributed among states to benefit workers who were adversely impacted by foreign trade. Texas will receive $15 million, second only to Washington which will receive $19 million, the highest share given to a state.
The program includes 45 states including Peurto Rico, it aims to provide funding to benefit workers who had their jobs cut back or eliminated due to foreign trade. An additional $22.4 million will be provided by the end of September this year. The funding supports training, employment and case management services, job search, and relocation allowances, and income support during training. It also provides a subsidy to workers aged 50 or older whose reemployment wages are lower than what they earned in their previous jobs.
“This significant investment underscores the need for Congress to reauthorize the Trade Adjustment Assistance for Workers Program to ensure our nation remains on the path to an equitable recovery for all workers,” said US Secretary of Labor Marty Walsh.
Source: CBS DFW
Category
Networking
Employee Conduct
Employee Handbooks
Work Life Integration
Employment Testing
Workers' Compensation
Promotion
Communicable Diseases
Pay Equity
Work Visas
Emergency Response
Dependent Benefits
Organizational Structure
Investigations
Inclusion, Equity &
Affirmative Action
Labor Relations
Overtime Eligibility &
Employment Branding
Mentoring & Coaching
Talent Acquisition
Disability Benefits
Relationship Management
Vendors & Software
Employee Data Privacy
Employee Engagement
Age
Religion & Spirituality
Downsizing
Risk Management
Workforce Planning
Health Savings Accounts
Salary Surveys
Job Descriptions
HR Careers
Workplace Culture
Religious Accomodations
Teamwork
Performance Management
Family & Medical Leave
Technology
Disaster Preparation & Response
Termination
Overtime Pay
Workplace Stories
Closing
Paid Leave
Hiring & Firing
Organization & Employee Development
Compensation & Benefits
Tags
Article
Tips for Staffing Agencies to Create a Competitive Advantage
Today, it is a $174 Billion industry and one of the leading B2B businesses in the US. Whenever HR p ...
These Companies Are On Holiday Hiring Spree-Are You Ready?
The current unemployment rate in the US stands at 6.7%, which is almost double the rate in February ...
COVID-19 - 6 Challenges Staffing Firms Are Likely to Face
Most industries have severely suffered in the ongoing pandemic with a few exceptions, like healthca ...
Gig Economy and Its Impact on Staffing Firms
With over 20.5 million US workers losing their jobs in April 2020 during the national lockdown, man ...
Comments