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February 06, 2012

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Wills & Trusts News

U.S. Labor Department Announces $4.4 Million Grant To Assist Mississippi Workers

The U.S. Department of Labor today announced a $4,433,754 grant, with an initial release of $1,477,077, to provide employment-related assistance to approximately 1,200 workers who lost their jobs as a result of the closing of the Sara Lee Industries facility located in West Point, Miss.

"This $4.4 million grant will provide these dislocated Mississippi workers with skills training and other reemployment services to help them find new jobs in growing industries," said Secretary of Labor Elaine L. Chao.

In January 2007, Sara Lee Industries announced that the West Point facility would be shut down permanently as of March 30. On February 20, Rapid Response activities were conducted to inform affected workers about assistance available through the public workforce investment system. Read more at dol.gov.

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	News Room
	Labor Secretary Elaine L. Chao Unveils FY 2006 Budget WASHINGTON—U.S. Secretary of Labor Elaine L. Chao today outlined the President's Fiscal Year (FY) 2006 budget for the Department of Labor. The Pres... Read more > Labor Department Issues First-Ever Regulations Protecting The Reemployment Rights Of America’s Soldiers WASHINGTON—The U.S. Department of Labor announced regulations, to be published Monday, Dec. 19 in the Federal Register, inter... Read more > Judgment For $410,000 In Back Wages WASHINGTON—The U.S. Department of Labor announced today that it has filed a consent judgment and order with the U.S. District Court, Eastern Distri... Read more > More News >

Common Terms

Today's Terms

Federal Reserve Bank

Definition:
One of the 12 operating arms of the Federal Reserve System, located throughout the United States, that together with their 25 branches carry out various functions of the U.S. central bank system.

Unfair labor practice strike

Definition:
Employees who take part in an unfair labor practice strike retain their status as employees. Once the NLRB determines an employer's actions to be an unfair labor practice, employees are entitled to have their old jobs back, even if their employer has hire

Money supply

Definition:
The amount of money (coins, paper currency, and checking accounts) that is in circulation in the economy.

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