U.S. Secretary of Labor Elaine L. Chao announced Thursday the release of $3,941,436 to assist approximately 3,662 trade-affected dislocated workers from a range of industries in Michigan; and $1,925,643 to assist approximately 852 trade-affected dislocated workers in Iowa.
The funding, provided through the Trade Adjustment Assistance (TAA) program, will enable the states to provide training to workers certified as eligible to receive TAA benefits.
"Workers dislocated by trade can take this opportunity to access training and other assistance to prepare for new careers in growing industries," said Secretary Chao. "The Trade Adjustment Assistance funds will provide eligible workers with up to two years of skills training, income support and other help to find a new jobs."
Through the Health Coverage Tax Credit, the government will pay up to 65 percent of health insurance premiums for qualified coverage. Also, workers 50 years of age or older who become re-employed quickly may qualify and receive a wage subsidy of up to $10,000 under the Alternative TAA program in lieu of training.
Additional information on the TAA program and other Department of Labor employment and training programs can be found at www.doleta.gov.