February 5, 2009
U.S. Department of Labor announces $22 million grant to assist Tri-State rank-and-file workers affected by financial industry layoffs
WASHINGTON – The U.S. Department of Labor today announced a $22 million grant to assist approximately 7,400 workers affected by financial industry layoffs in the New York, Connecticut and New Jersey Tri-State area.
"Due to the crisis in the financial system, thousands of people lost their jobs through no fault of their own," said acting Secretary of Labor Edward C. Hugler. "The services provided through this grant will assist front line and back office workers in getting back to work as soon as possible."