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February 06, 2012

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Wills & Trusts News

U.S. Labor Department Announces $4.4 Million Grant To Assist Mississippi Workers

The U.S. Department of Labor today announced a $4,433,754 grant, with an initial release of $1,477,077, to provide employment-related assistance to approximately 1,200 workers who lost their jobs as a result of the closing of the Sara Lee Industries facility located in West Point, Miss.

"This $4.4 million grant will provide these dislocated Mississippi workers with skills training and other reemployment services to help them find new jobs in growing industries," said Secretary of Labor Elaine L. Chao.

In January 2007, Sara Lee Industries announced that the West Point facility would be shut down permanently as of March 30. On February 20, Rapid Response activities were conducted to inform affected workers about assistance available through the public workforce investment system. Read more at dol.gov.

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	News Room
	Fall Hazards At Norwich, Conn., Construction Site Potentially fatal 18- and 27-foot falls at a Norwich, Conn., residential construction site have led to $120,500 in proposed fines for a Newark, N.J... Read more > U.S. Labor Secretary Announces $1 Million Grant to Aid Dislocated Workers in Connecticut WASHINGTON — U.S. Secretary of Labor Elaine L. Chao today announced a grant of $1 million, with an initial release of $550,167, to assist approxima... Read more > Labor Department Issues First-Ever Regulations Protecting The Reemployment Rights Of America’s Soldiers WASHINGTON—The U.S. Department of Labor announced regulations, to be published Monday, Dec. 19 in the Federal Register, inter... Read more > More News >

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Investment

Definition:
The purchase of a security, such as a stock or bond.

Wildcat strike

Definition:
A wildcat strike refers to any type of strike that is not sanctioned by the union. Wildcat strikers are not protected by the NLRA provisions and may be permanently terminated by the employer.

Asset

Definition:
A possession of value, usually measured in terms of money.

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