Washington, D.C. -- Allocations of over $50.2 million for states were announced to ensure that states are able to fund FY 2004 training programs under the Trade Adjustment Assistance (TAA) Act.
“The President and I want to do everything we can to get help as quickly as possible to workers who have been displaced because of trade-related reasons,” said U.S. Secretary of Labor Elaine L. Chao. “This $50.2 million in trade adjustment assistance funding provides eligible workers with up to 104 weeks of training.”
The funding comes under the Continuing Resolution, signed by President Bush, for trade-related training activities through January 31, 2004.
The TAA program is available to assist individuals who have become unemployed as a result of increased imports from, or shifts in production to, foreign countries.