President Bush Signs Flexibility for Displaced Workers Act

On Friday, President Bush expanded disaster relief employment by signing the Flexibility for Displaced Workers Act.


Advertisement


Click Here
Cougar Mountain has all the features of the high-end accounting products at an affordable price. Fully integrated modules including our award-winning Point of Sale product mean you only enter data once - saving time and ensuring accuracy. Cougar Mountain is the answer for small to mid-sized businesses that have outgrown their initial accounting package.
Learn more!


Cougar Mountain Home Cougar Mountain Accounting
Sign up for a Web Demo Cougar Mountain Point of Sale
Request a Call Cougar Mountain FUND



H.R. 3761, which passed the House of Representatives unanimously early last week, expands the Workforce Investment Act of 1998 and adds significant flexibility to the Department of Labor’s National Emergency Grant (NEG) program to help provide employment and training for displaced Gulf Coast workers. According to a Congressional press release, more than $191 million in NEGs has been awarded by the Department of Labor creating more than 40,000 temporary jobs in the Gulf Coast region.

“This measure accomplishes a very basic goal: it makes more jobs and training available to more displaced workers more quickly,” Representative Bobby Jindal (R-LA), Chairman of the House Committee on Education and the Workforce, said in a prepared statement.

The Flexibility for Displaced Workers expands the NEG program making NEG funds available to displaced workers outside the designated disaster area. It also allows workers, including those who are unemployed, who are not eligible for unemployment compensation, whose unemployment compensation has expired or who have no prior work history, to obtain public sector jobs not directly related to the disaster the announcement of passage by the House states. According to the Congressional statement, it empowers the Secretary of Labor to extend the duration of NEG projects to 12 months from the current 6 months, as well.

“President Bush’s action today [September 23, 2005] will accelerate the Gulf region’s recovery by providing more jobs, more job training and other supportive services to survivors of Hurricane Katrina. IT gives the Department of Labor the flexibility we need to get more help to more people as quickly as possible,” U.S. Secretary of Labor Elaine L. Chao said in a statement released in response to the president’s action.

You may like these other stories...

2014 has marked the fifth consecutive year in which the percentage of US-based internal auditors who earned bigger paychecks increased, according to a new study from the Institute of Internal Auditors (IIA).This year, 92...
A new survey from online accounting software provider Xero found that nearly 90 percent of small businesses are forecasting an increase in revenues next year, while 21 percent are expecting growth of more than 100 percent....
Drug patents held overseas can pare makers’ tax billsAs the Obama administration tries to stop companies from avoiding taxes by moving their headquarters overseas, the makers of some of the world’s most lucrative...

Already a member? log in here.

Upcoming CPE Webinars

Oct 9In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards.
Oct 15This webinar presents the requirements of AU-C 600, Audits of Group Financial Statements (Including the Work of Component Auditors).
Oct 21Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience’s communication style.
Oct 23Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.