Adjustment Assistance


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Adjustment Assistance

Any program whereby a government helps to retrain workers whose jobs or careers have been rendered obsolete. Adjustment assistance may be provided when a technology makes a job redundant. More commonly, however, adjustment assistance refers to programs a government designs when it pursues policies antithetical to a particular line of work. For example, a country may pursue free trade policies that result in outsourcing to other nations, requiring adjustment assistance for laid off workers. Adjustment assistance is controversial, especially because it is unlikely that older workers will be rehired even after training.
References in periodicals archive ?
Data from the Trade Adjustment Assistance program show the extent to which individual industries were certified as affected by foreign trade.(6)
In a study covering the last 6 years, the companies that have participated in the Trade Adjustment Assistance Program have enjoyed, on average, an increase in sales of 46% and employment of 19%.
Hatch said that congressional negotiators have worked out a compromise that will include the renewal of expired trade programs including Trade Adjustment Assistance, the Generalized System of Preferences and the Andean Trade Promotion and Drug Eradication Act.
Approaches involving adjustment assistance, education, taxes, and
* reauthorization and full funding of the Trade Adjustment Assistance Act, which provides our industry with technical assistance, marketing and export promotion.
Whether votes will take place on any of the three FTAs depends in large part on whether Republicans allow a vote on renewing trade adjustment assistance, a government benefit provided to eligible workers who lose their jobs due to imports.
WASHINGTON - Employees of Tyco Safety Products in Westminster are among 4,000 workers from companies in 18 states who may seek federal trade adjustment assistance, the U.S.
Trade Adjustment Assistance consists of several programs: Trade Adjustment Assistance for Workers (TAA), Alternative Trade Adjustment Assistance (ATAA), Trade Adjustment Assistance for Firms, Trade Adjustment Assistance for Farmers, and a Health Coverage Tax Credit (HCTC).
It estimated that Congress and the administration could fund NEW Scholarships by redirecting $1.5 billion already allocated for the Dislocated Worker Employment Training Program and the Trade Adjustment Assistance and North American Free Trade Transitional Adjustment Assistance Programs.
The Trade Adjustment Assistance Community College and Career Training competitive grant program expands community college partnerships with employers in high-demand job industries so students are ready for employment when they graduate.
House Ways and Means Committee Chairman Dave Camp (R-Mich.) has outlined a sequence for congressional passage of the three pending free trade agreements with Colombia, Panama and South Korea, and renewal of trade adjustment assistance for workers harmed by trade.
Department of Labor has announced a solicitation for applications under the Trade Adjustment Assistance Community College and Career Training Grant Program.