July 14, 2010 DOL Funding Announcement: Trade Adjustment Assistance
Dear Congressional Staff:
The U.S. Department of Labor is announcing today $119.6 million in Trade Adjustment Assistance (TAA) funding allocations to states to assist workers who lose their jobs due to outsourcing and foreign trade. The TAA program seeks to provide workers with the opportunity to obtain the skills, resources, and support needed to become re-employed.
This is the second distribution of formula training funds for Fiscal Year 2010 and represent, along with the previously distributed initial allocation and reserve requests, approximately 90 percent of the total amount of training funds available to states for TAA this year. The remaining funds are held in reserve by the Labor Department for distribution as needed through the end of the Fiscal Year. Please note that states that did not receive an initial allocation under the formula (Hawaii, Wyoming, and the District of Columbia) are not receiving funding in the second formula distribution. These states may submit a request for reserve funds.
The attached Training and Employment Guidance Letter (TEGL) provides information on the amount of funds distributed to each state as well as the allocation of administrative funds and the formula methodology used by the Department. Information on the initial funding allocation is also attached.
If you have questions, please contact Adri Jayaratne (email@example.com) in the Office of Congressional and Intergovernmental Affairs at (202)693-4600.