Iowa receives $1.2M allocation to train displaced workers
BPC Staff Jul 16, 2021 | 3:40 pm
1 min read time
162 wordsAll Latest News, Economic Development, Government Policy and LawThe U.S. Department of Labor has announced $92.6 million in funding to 47 states to provide training and employment services to eligible workers affected adversely by foreign trade. This distribution follows an initial allocation of $240.8 million provided to states in January. In this latest distribution, Iowa has been allocated nearly $1.2 million in Trade Adjustment Assistance program funding to provide training and employment services to eligible workers adversely affected by foreign trade. The benefits are paid to eligible unemployed Iowans provided they enroll in a qualified training program. In fiscal 2020, 15 TAA petitions were certified in Iowa, covering 532 workers, according to a state fact sheet. The funding, administered at the state level by Iowa Workforce Development, supports training, employment and case management services, job search and relocation allowances, and income support during training. In addition, the program provides a subsidy to workers 50 or older whose reemployment wages are lower than the wages earned in their prior trade-affected employment.