U.S. Department of Labor announces more than $3 million to continue assisting California workers affected by mortgage and banking industry layoffs


WASHINGTON, DC – July 1, 2009 – (RealEstateRama) — The U.S. Department of Labor has announced a $3,026,914 National Emergency Grant increment to continue assisting 1,063 California workers affected by mass layoffs and closures in the mortgage and banking industries.

“Californians affected by layoffs have a continued need for career training and related employment services,” said Secretary of Labor Hilda L. Solis. “The department reaffirms its commitment to these workers. The funds will help to provide the training and support necessary for individuals to re-enter the workforce in growing industries.”

This second and final increment will be awarded to the California Employment Development Department. Funds will be used to continue the delivery of re-employment assistance, including training, assessment, career counseling and case management to affected workers in the mortgage and banking industries.

On Feb. 21, 2008, a grant for up to $5,572,226 was approved with $2,545,312 released initially to serve approximately 863 workers impacted by layoffs in the targeted industries. This second increment increases the number of workers served to 1,036, and extends the grant period for an additional quarter.

National Emergency Grants are part of the secretary of labor’ discretionary fund and are awarded based on a state’s ability to meet specific guidelines. For more information, visit http://www.doleta.gov/NEG/.

Contact Name: Michael Volpe
Phone Number: (202) 693-3984 or x4676
Release Number: 09-0750-SAN


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