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Targeted Employment Area

   Also found in: Acronyms 0.01 sec.
Targeted Employment Area
In the United States, a rural area or a place with an unemployment rate more than 150% of the national rate. Immigrants who wish to start businesses in a targeted unemployment area are given preferential treatment for the issue of visas. It is abbreviated as TEA.


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com (818) 713-3735 Business cents What you can save using Enterprise Zone tax credits in the eastern San Fernando Valley: $35,100 over five years for each eligible employee, including workers who qualify for federal job-training programs, live in a targeted employment area, or receive federal or state assistance.
Enterprise Zone companies may also earn tax credits by hiring people participating in the Workforce Investment Act or CalWORKS programs, who live in a designated low to moderate areas known as Targeted Employment Areas, or have other specific barriers to employment.
 
 
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