DOL Provides More than $3 Million to Assist California Mortgage and Banking Workers
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Wednesday, July 8, 2009 |
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The
U.S. Department of Labor has announced a $3,026,914 National Emergency
Grant increment to continue assisting 1,063 California workers affected
by mass layoffs and closures in the mortgage and banking industries.
"Californians
affected by layoffs have a continued need for career training and
related employment services," said Secretary of Labor Hilda L. Solis.
"The department reaffirms its commitment to these workers. The funds
will help to provide the training and support necessary for individuals
to re-enter the workforce in growing industries."
This second
and final increment will be awarded to the California Employment
Development Department. Funds will be used to continue the delivery of
re-employment assistance, including training, assessment, career
counseling and case management to affected workers in the mortgage and
banking industries.
On Feb. 21, 2008, a grant for up to
$5,572,226 was approved with $2,545,312 released initially to serve
approximately 863 workers impacted by layoffs in the targeted
industries. This second increment increases the number of workers
served to 1,036, and extends the grant period for an additional quarter.
National
Emergency Grants are part of the secretary of labor' discretionary fund
and are awarded based on a state's ability to meet specific guidelines.
For more information, visit http://www.doleta.gov/NEG/.
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