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January 30, 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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	Unemployment Insurance Advisory Council EAU CLAIRE – The public is invited to comment on and to suggest improvements to Wisconsin’s Unemployment Insurance (UI) program at a public hearing... Read more > Wal-Mart Agrees to Pay Fine for Violating Child Labor Laws Company Also Signs Compliance Agreement with Labor Department WASHINGTON—The U.S. Department of Labor has fined Wal-Mart $135,540 in c... Read more > Sponsored By The Labor Department’s SAN FRANCISCO – The U.S. Department of Labor will hold a free workshop to help employers and pension plan administrators comply with the Employee R... Read more > More News >

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Today's Terms

Unfair labor practice strike

Definition:
Employees who take part in an unfair labor practice strike retain their status as employees. Once the NLRB determines an employer's actions to be an unfair labor practice, employees are entitled to have their old jobs back, even if their employer has hire

Securities and Exchange Commission

Definition:
An independent, non-partisan, quasi-judicial regulatory agency with responsibility for administering the federal securities laws.

Demand

Definition:
The total quantity of goods and services consumers are willing and able to buy at all possible prices during some time period.

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