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January 30, 2012
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Wills & Trusts News

 

U.S. Labor Secretary Announces $2.2 Million Grant to Aid Dislocated Retail Industry Workers in Massachusetts

WASHINGTON — U.S. Secretary of Labor Elaine L. Chao recently issued a grant of $2,281,237, with an initial increment of $1,110,464, to assist approximately 400 workers affected by the merger of Federated Department Stores with May's Department Stores in Boston. As part of the merger, Federated Department Stores announced the closure of several locations throughout the Commonwealth.

"Massachusetts workers affected by the closure of these facilities will need assistance to gain employment in industries experiencing high growth," said Chao. "Training and other services will be available to affected workers through the more than $2.2 million grant the Commonwealth is receiving. It is important that this funding be used to prepare these workers for careers that offer stable employment and the opportunity to grow."

On Jan. 20, Federated Department Stores issued a Worker Adjustment and Retraining Notification (WARN) stating plans to close nine locations as part of the merger with May's Department Stores. Plans include the closure of Filene's, Macy's and Lord and Taylor department stores throughout the Commonwealth.

The grant, awarded to the Massachusetts Department of Labor and Workforce Development, will provide an array of reemployment services, including skills assessment, individual counseling, case management, job readiness training and occupational training. Other services also may include job search and relocation assistance.

National Emergency Grants are part of the secretary's discretionary fund and are awarded based on a state's ability to meet specific guidelines. For more information on National Emergency Grants and other Department of Labor employment and training programs, please visit doleta.gov/NEG/.

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  News Room  
 
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...
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U.S. Labor Department Cites Dover, Ohio, Pallet Manufacturer For Safety Violations
The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has proposed $157,200 in fines against Inca Presswood Pallets L...
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Lawmakers Move to Hold Labor Law Violators Accountable
U.S. Representatives Rosa L. DeLauro (Conn.-3) and George Miller (Calif.-7) today introduced legislation to stop the advance notice policy before t...
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Common Terms

 


Today's Terms

Venture capital

Definition:
Investment in a new, generally possibly risky, enterprise.

Mutual fund

Definition:
An investment company that continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies. Money is collected from individuals and invested on their behalf in varied portfo

Stock exchange

Definition:
An organized market for the buying and selling of stocks and bonds.

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Hot Topics

 

  • Creating A Trust
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Minnesota Wills & Trusts Attorney

 
If you live in the following cities and need a Wills & Trusts Attorney you should contact our Wills & Trusts Attorneys as soon as possible:

  • Andover
  • Anoka
  • Austin
  • Bemidji
  • Brainerd
  • Burnsville
  • Circle Pines
  • Cottage Grove
  • Eden Prairie
  • Elk River
  • Faribault
  • Hastings
  • Lakeville
  • Mankato
  • Minneapolis
  • Moorhead
  • Osseo
  • Owatonna
  • Rochester
  • Saint Cloud
  • Saint Paul
  • Stillwater
  • Winona
 


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