$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
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