Assistance to Unemployed Workers and Economically Distressed Communities Prepared by Howard Rosen...
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Assistance to Unemployed Workers and Economically Distressed Communities Prepared by Howard Rosen Executive Director Trade Adjustment Assistance Coaliti
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Transcript of Assistance to Unemployed Workers and Economically Distressed Communities Prepared by Howard Rosen...
Assistance to Unemployed Workers and Economically Distressed Communities
Prepared by Howard RosenExecutive DirectorTrade Adjustment Assistance Coalition
December 4, 2003 Prepared by Howard Rosen
Assistance for Unemployed Workers
Unemployment Insurance
Workforce Investment Act (WIA)
Temporary Assistance for Needy Families
Earned Income Tax Credit
Trade Adjustment Assistance
December 4, 2003 Prepared by Howard Rosen
TAA Eligibility Criteria Increase in imports/shift in
production
Decrease in domestic production and/or employment
Increase in imports or shift in production “contributed importantly” to decline in employment
December 4, 2003 Prepared by Howard Rosen
TAA Program 76 weeks of income support if enrolled
in training (in addition to UI)
Training
Refundable health insurance tax credit
Wage insurance
Job Search Assistance
Relocation Assistance
December 4, 2003 Prepared by Howard Rosen
2002 TAA Reform Program simplification Expand criteria to include secondary
workers and shifts in production Extend income support by 26 weeks Provide health insurance tax credit Create wage insurance program Increase relocation and job search
allowances
December 4, 2003 Prepared by Howard Rosen
Wage Insurance Eligibility
Re-employed full-time, within 26 weeks At least 55 years old Earning not more than $50,000 a year Not employed by previous employer
Assistance 50 percent of the difference between old and
new wage for up to 2 years, not to exceed $10,000
Health insurance tax credit
December 4, 2003 Prepared by Howard Rosen
Where Do Jobs Come From?
Macroeconomic Policies:
Fiscal and Monetary
Economic Development
Labor Market Policies
Level of economic activity
Composition and location of investment
Productivity and wages
December 4, 2003 Prepared by Howard Rosen
Economic Development
Location of Investment
Tax policies Investment incentives Regional policies Education and Training
December 4, 2003 Prepared by Howard Rosen
“Defense Conversion”
Community-based organization Local Redevelopment Authority (LRA)
Community-based planning and implementation
Larger economic planning grants Transition coordinators
December 4, 2003 Prepared by Howard Rosen
Economic Adjustment
Community Leaders
Local Businesses
WorkersFederal, state and local government
