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More TAA funds released

WASHINGTON — The U.S. Department of Labor has released more than $450 million in Trade Adjustment Assistance (TAA) funding to states to provide career training and employment and case management services to workers who lose their jobs due to outsourcing and foreign trade.

The American Recovery and Reinvestment Act (ARRA) includes a major expansion and reform of the TAA program. The ARRA authorized an increase in the maximum amount of TAA funds that may be used for training nationwide from $220 million to $575 million. Based on this training increase plus the funding authorized for case management services and administration, the Labor Department is now making a supplemental distribution of to the states for fiscal year 2009.

Mississippi’s total FY2009 supplemental distribution is approximately $5.45 million. This includes approximately $4.44 million in FY2009 supplemental distribution, $665,650 in FY2009 supplemental administrative distribution and $350,000 in employment and case management funds.

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